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Barbara Boxer: Time for Ben Bernanke to go

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t0dd Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 05:17 PM
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Barbara Boxer: Time for Ben Bernanke to go
With Democrats increasingly anxious about this year's midterm election in the face of a stubbornly high unemployment rate, Sen. Barbara Boxer (D-Calif.) today came out against a second term for Federal Reserve Chairman Ben S. Bernanke.

Breaking with President Obama, a fellow Democrat, who renominated Bernanke, Boxer said, "It is time for change."

Although Bernanke took "important steps to prevent what many economists believe could have been an even greater economic catastrophe," Boxer said in a statement, "... it is time for Main Street to have a champion at the Fed. Dr. Bernanke played a lead role in crafting the Bush administration's economic policies, which led to the current economic crisis. Our next Federal Reserve chairman must represent a clean break from the failed policies of the past."


http://latimesblogs.latimes.com/california-politics/2010/01/boxer-time-for-bernanke-to-go.html

And it's reasons like this I'll proudly cast my vote for Mrs. Boxer this November.
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 05:45 PM
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1. Dylan Ratigan essentially said the same thing (but not that Bernanke had to go) --
that although he was instrumental in helping us through this emergency, he was one of the architects who caused it.

I
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