Hah!
The 'Tea Partiers' and 'Occupy Wall Street Protesters' don't have a whole lot in common. But one sign you WILL find at both meetups is 'End the Fed!'
Anger with the Federal Reserve, whose Quantitative Easing is widely viewed as primarily benefiting the top one percent, runs deep among both the Leftists *and* the Republicans. It's guaranteed to be a hot campaign topic in 2012 with every candidate trying to outdo the others on how quickly he (or she) will be canning Bernanke's sorry azz.
So, imagine the funny, squealy sounds that must be coming out of Obummer's mouth tonight as he hears that Bernanke wants to do still MORE easing this close to the election! Oh, to be a fly on the Oval Office wall! What a hoot that'd be tonight!
Fed to the re-rescue?
Bernanke tells senators he backs more fiscal stimulus to help the struggling economy
Oct. 20, 2011, 6:18 p.m. EDT
Bernanke talks U.S, Europe with Senate Democrats
By Greg Robb
WASHINGTON (MarketWatch) - Federal Reserve Chairman Ben Bernanke attended the weekly luncheon of Senate Democrats on Thursday and lawmakers said he backed more fiscal stimulus to help the struggling economy, according to reports. Sen. Dick Durbin, a Democrat from Illinois, said that Bernanke told the lawmakers the Fed had "done all it can do on the monetary side, [and] now it's up to us," according to a story in the Hill newspaper. Senate Democrats are pushing for piece-by-piece passage of President Barack Obama's $450 billion jobs package. The Fed chairman spent most of the luncheon explaining the possible impact on the U.S. financial system and economy from the euro zone's financial crisis, according to lawmakers and their aides. Bernanke also promised to give the senators some recommendations for legislation to reverse the wave of home foreclosures across the country.
http://www.marketwatch.com/story/bernanke-talks-us-europe-with-senate-democrats-2011-10-20
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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