Why repeating Carter’s mistakes could wipe out Obama’s hopes for reelection.
Unrestrained by the white straitjacket many of his constituents want imposed on him, the strident motormouth Rep. Alan Grayson (D-Fla.) invaded a meeting of local Republicans at a Perkins restaurant in his congressional district.
The freshman congressman, who is one of the most endangered House Democrats, berated the GOPers for daring to send “spies” to observe a meeting [...]
Under growing pressure from conservatives and “tea party” activists, Sen. John McCain of Arizona is having to defend his record of supporting the government’s massive bailout of the financial system. In response to criticism from opponents seeking to defeat him in the Aug. 24 Republican primary, the four-term senator says he was misled by then-Treasury [...]
The White House said yesterday it has damped down a political revolt against Ben Bernanke and now has the votes to secure the Federal Reserve Chairman’s second four-year term. Whether or not Mr. Bernanke is confirmed, the lesson we draw is that overly political central bankers will eventually be undone by politics. There’s no doubt [...]
Two weeks ago, Time magazine once again proved to have little appreciation for the US Constitution when it announced that Federal Reserve Chairman Ben Bernanke was its “person of the year 2009.” He deserved this honor, the magazine’s editors said, because he “has dramatically expanded” the Fed “and reinvented it.” In other words, because he used the [...]
Today, leftist magazine TIME announced the “Person of the Year” 2009. Although I’m sure they took several conservatives into consideration, the title went to…
Federal Reserve Chairman Ben Bernanke.
So what did Bernanke do to deserve this honor? Well, not much, really, except for, you know, prolonging the economic crisis and drastically increasing the size of the [...]