Ben Bernanke's future as the leader of the Federal Reserve was in doubt late last week, but he's been bailed out by a strange coalition: The White House and the Senate Republican leadership. Here's the article: Bank Money For Republicans Saves BernankeIf nothing else, this demonstrates the fact that Corporate America has become our Government. Based on polling conducted before Senate reconfirmation hearings, Americans strongly opposed the reappointment of Bernanke. Last week his reappointment was in serious doubt, but the Republicans, who mostly opposed him, now seem to have found Bernanke religion. You can connect the dots for yourself.
Monday, January 25, 2010
Big banks exercised their 1st Amendment right, as upheld by the Supreme Court last week, and utilized the funding of some Senate Republican flex-spending accounts to buy support for Bernanke:
Posted by Dave in Denver at 7:44 AM