Bernanke (was Re: [lbo-talk] CNN Breaking News)

joanna 123hop at comcast.net
Mon Oct 24 20:26:17 PDT 2005


John Lacny wrote:


>Bernanke is by no means a Harriet Miers-style crony.
>The Supreme Court is not the august institution its
>mystifiers like to pretend it is, and you can fuck
>around there, appointing no-account friends of yours
>from Texas and so on. The Federal Reserve, on the
>other hand, you do not fuck with. FT describes
>Bernanke as the favored candidate of Wall Street,
>representing "continuity" with the Greenspan Fed:
>
>http://news.ft.com/cms/s/1a9af9d8-449e-11da-a5f0-00000e2511c8.html
>
>Who would have expected anything else?
>
Well, actually, I see his appointment as a sign that they're worried and that they want someone who knows what they're doing rather than an ideologist.

Joanna


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