Why Bernanke’s QE Justifications Don’t Wash – By J. D. Foster – The Corner – National Review Online
via Why Bernanke’s QE Justifications Don’t Wash – By J. D. Foster – The Corner – National Review Online.
If this blows up in the Feds face the only one you can blame is Bernanke. Obama’s policies haven’t worked so now he turns to the Fed and Bernanke to solve the problem but he is in over his head and doesn’t have a clue about what to do. The way he’s going about this makes me believe he has a gambling problem. There is no reason that justifies his actions to monetize the debt unless he’s acting on Obama’s orders. If that’s the case, then Obama has dealt our country another blow to the constitution and our Liberty’s.