January 27, 2010

The Bernanke Challenge Continues

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




libhom said...

Obama's contempt for middle class and poor Americans is disturbing.

GDAEman said...

Not sure it's contempt or whether he's simply a prisoner of the establishment.