Recall the Stimulus, Let the De-TARPing Begin, and Set the Fed Free
by Lawrence Kudlow
Testifying before the House Budget Committee this week, Ben Bernanke said that when the time comes, the Fed will raise interest rates in order to stop inflation from building in the next recovery. He also asked for "fiscal balance" to sustain financial stability. On the surface — in terms of keeping prices stable and restoring value to the softening U.S. dollar — this is positive. Surely Bernanke wants to do right for America, and he's giving it his best shot.
But ...
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2 Comments | Post Comment
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Posted by: Ed Cool
Comment: #1
Sat Jun 13, 2009 10:08 AM
Wall street is not main street(labor makes capitol;capitol steals from labor).Take the corpse of capitol and place it besides R.Reagan's!
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Posted by: James A, Sweeney
Comment: #2
Sun Jun 7, 2009 3:14 PM
Sir;...You are right about the fed not being independent... They call the tune, and Mr. Obama dances... Where would the independence be in that set up???. This government of the people which was designed to leave capital free to do its damned-ist, now finds capital siddled up to it like a siamese twin... Capital can't fart without government smelling it... And every few years it is the same old story... Capital has run itself into crisis, and needs the help of government... If government quit feeding capital it would die... If government quit emptying the bed pan, capital would drown in its own crap... Only you alone in the whole world actually believes capital can work... That's your intelligence test...Here is your sign.... Write it on your fore head..As if everyone does not already know...Thanks...Sweeney.
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