Obama hints at Bernanke's 2014 exit...
Posted in the Banking Forum
#1 Jun 18, 2013
President Obama hinted this week that Fed Chairman Ben Bernanke may be planning to step down when his second term ends in January. Obama said today: He already stayed a lot longer than he wanted....
President Obama let slip this week that he may not be inclined to dissuade Federal Reserve Chairman Ben Bernanke from stepping down when his term ends in January.
In an interview with talk show host Charlie Rose, Obama compared Bernanke to departing FBI Director Robert Mueller, saying, "He's already stayed a lot longer than he wanted or he was supposed to."
God Bless America!!
#2 Jun 18, 2013
Like Jacob Lew's Loan Scheme: Where is the Collateral??? In Ben's own words: Since the 2008 financial crisis, the Fed has purchased more than $ 2.5 trillion in government bonds to pump cash into the financial system and hold down long-term interest rates!
Add another Trillion before he exits...It will be $ 3.5+ Trillion Dollars w/o Collateral!!!
All the Men of No Minds!!!
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