As former New York State governor Eliot Spitzer has said, George Bush's Federal Reserve Chairman Ben Bernanke wasn't only in a position of responsibility for overseeing Wall Street, Bernanke was "complicit" in the designs that allowed a textbook case of bubble expansion and collapse. Of course Alan Greenspan was complicit too.Why is Obama re-nominating Bernanke to head the Fed? It's another outrage, and this time people need to act.
My most recent message to the White House:
Deeds not words. Withdraw Bernanke's nomination and nominate someone who has a record of siding with the interests of people over the corporate investment banks.
GLH Blog informs us that CREDO is calling for a no vote on Bernanke
For Your Convenience:
Sign CREDO petition, which urges the Senate to reject Ben Bernanke's nomination.
Contact the White House
Sources:
2 comments:
Obama's contempt for middle class and poor Americans is disturbing.
Not sure it's contempt or whether he's simply a prisoner of the establishment.
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