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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (118815)8/21/2012 12:04:12 PM
From: RetiredNow  Read Replies (4) | Respond to of 149317
 
I'm not in favor of any more policy response. Bernanke has done enough. Now, we just have to let the market clear on its own and we need Congress to move to a sound fiscal policy for the long run. Bernanke shouldn't do anything more and he should let the Fed balance sheet unwind without reinvesting the proceeds. The risk with Obama and Bernanke is that they will push for more fiscal and monetary stimulus. This is irresponsible and is just shifting wealth from future generations to today. I'm not in favor of that immorality.