Wednesday, February 9, 2011
Why Do My Legs Aache At Night
Bernspan on the grill in the House!
Yesterday's was the first Bernspan hearing before a House of Representatives for a little over a month is dominated by a large majority by the Republicans, but by those who received the greatest teasing, if not open to the criticism interventionist role in the economy that the Federal Reserve is having. Bernspan Yet it is not only a Republican, but he served as chief economist of the White House in the days of George W Bush and that that president has been appointed head of the Fed in early 2008, while it is Obama who has received the second term, albeit with the lowest margin of votes ever obtained by a president of the U.S. central bank, because of votes against coming from the ranks of his own party. More than the role with the Treasury in managing the two hardest years of perfect storm in progress, including the unbelievable decision to let Lehman Brothers fail, what the Republicans just can not stand are the two mega attempts to reinvigorate the economy by buying government bonds, the quantitative easing from the 1.7 trillion dollars and the Quantitative Easing II from $ 600 billion that is still ongoing. One of his major detractors is now the Speaker of the House, and to lead the Republican opposition in the Senate is another of his enemies, but it is clear that the Republican front dsposto is to lay down their arms before a firm invitation Bernspan Congress to cut government spending, which is in the ropes for most of the Republicans is that voters elected.
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