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27 August, 2009

Obama Nominates Bernanke for 2nd Term As Fed Chairman

Looks like we're going to be stuck with ol' "Helicopter Ben" for another term as Chairman of the Federal Reserve.

How is it that Obama is turning out to be such an absolute moron?

"Ben approached a financial system on the verge of collapse with calm and wisdom, with bold action and out-of-the-box thinking that has helped put the brakes on our economic free fall," Mr. Obama said, with the Fed chairman standing at his side. His "bold, persistent experimentation has brought our economy back from the brink."

I would wager that the 2.5 million people who are out of work since the current Presidential Administration took office don't feel much like we've "put the brakes on our economic free fall..."


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