Because we have to make certain that the people who created this mess – in and out of government – are protected from the consequences of their actions:
The White House stood firm on the renomination of Ben Bernanke Monday, saying a second term for the Federal Reserve chief was vital to demonstrating stability in the US financial system.
“Chairman Bernanke helped the president and the economic team steer through some very turbulent times and rough waters,” White House spokesman Robert Gibbs said.
“I believe that it sends a signal to greater and overall stability to have his nomination approved without political games. And that’s what we expect will happen later this week.”
What is it with liberals and their demand for “stability”? Its like they’re chicken. Look, we don’t need stability and we don’t need “too big to fail” banks to continue existing. We need to clear away the mess, cut taxes, spending and regulation, and just let the people get back to work.
Well, we won’t get any of that while Obama is in office – he’s too beholden to the liberal, corporate fat cats. I don’t know if he’s just in awe of rich people or that he’s hoping for a cushy job once out of the White House – whatever it is, it is the people who will pay the price for keeping Bernanke and those like him in office.
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