republicans are more than willing to tank the us economy to ensure their victory in the next election. actually its their plan:
GOP To Fed: Let Economy Fail
The headline above is not what GOP congressional leaders actually said today to Federal Reserve Board Chairman Ben Bernanke, but they might just as well have used that precise language in the letter CNBC reports they sent to the Fed. According to CNBC, the letter instructed the Fed "to refrain from further 'intervention' in the economy.
In other words, now that the GOP has made it all but impossible for fiscal policy to be used to improve they economy, they want to make sure that the only other tool the government has at its disposal -- monetary policy -- isn't used either.
http://capitalgainsandgames.com/blog/stan-collender/2372/gop-fed-let-economy-fail
GOP To Fed: Let Economy Fail
The headline above is not what GOP congressional leaders actually said today to Federal Reserve Board Chairman Ben Bernanke, but they might just as well have used that precise language in the letter CNBC reports they sent to the Fed. According to CNBC, the letter instructed the Fed "to refrain from further 'intervention' in the economy.
In other words, now that the GOP has made it all but impossible for fiscal policy to be used to improve they economy, they want to make sure that the only other tool the government has at its disposal -- monetary policy -- isn't used either.
http://capitalgainsandgames.com/blog/stan-collender/2372/gop-fed-let-economy-fail