Bernanke May Get Help Planning Exit With Fed Board Selections
President Barack Obama’s likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke plan an exit from record monetary stimulus and strengthen banking supervision and consumer protection.
Why does Ben Bernanke need help planning an exit strategy from saving the economy?
Up until the collapse, Ben Bernanke was busy assuring everyone in sight that there was absolutely nothing wrong with the economy and that everything was working fine. Based on his inability to see any problem until it became so great that everybody was able to see it, Ben Bernanke has been working on fixing the problem. With about the same level of success. Just like Barack Hussein Obama has fixed the economy without doing anything about the unemployment, or home foreclosures or the business bankruptcies, Ben Bernanke is saving the financial system while allowing hundreds of banks to collapse and discouraging lending to anyone other than the federal government.
With help like this, Barack Hussein Obama's plan to finish converting the United States from capitalism to socialism should be an easy task.
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