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Who cares?
SmarterthanYou
rebel
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In Iraq or to Wall Street or to the banks, which>
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that obama promised would be made transparent....the economic bailout funds...there is a site, but it is not transparent and easy to follow like he said, another obama lie
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Obama never lied. You think he's like Bush, but he;s not. That why you LOST!!
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bush did not run this time
cracks me up how so many on the left think he did....oh wait, even obama thought he was running against bush
...but who was it that appointed Bernanke??
blackascoal
The Force is With Me
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maineman
Banned
obama
if he didn't want him he could have let him go
So Bush appointed George Tenet then?
thanks for admitting that.
obama
if he didn't want him he could have let him go
Sorry, you've got that wrong. The Chairman is appointed for 4 year terms, not concurrent with the term of the President. Bernanke, who was appointed in Feb. 2006 by bush, cannot be fired except for cause. It is made difficult for a reason. Bernanke's tie is to bush not Obama who has been in office less than 3 months.
I suspect if Obama and the Democratic Congress fired Bernanke for whatever reason, the GOP/RW would raise a hell of a stink about that too since Obama can do no right.
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President Obama knows what he is doing.
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ok...so you're saying that obama kept him because he was afraid of what the gop would say...
maineman
Banned
has he committed any overt errors that would allow anyone to legitimately remove him for cause?
uscitizen
Villified User
Umm his participation in the meltdown? Ohh right Obama is on the side of big money on thhis one.
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The Almighty
Obama can only fire the Fed Chair for cause. Period.
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cause could be found i'm sure...and i never said it could not be without cause, i did not know that, but i certainly did not dispute that
No, I'm saying, regardless of the circumstance, the GOP and RW would take both sides of the fence in order to criticise Obama, something rather common over the last 2.5 months.
The gist of the first sentence was the reality of Bernanke's appointment, his term in office, and his tie to bush. He's your guy, like it or not.
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he is not my guy...i did not pick him...he is the country's guy
and really, the left has absolutely no room to talk about doing nothing but criticizing the president...
he is not my guy...i did not pick him...he is the country's guy
and really, the left has absolutely no room to talk about doing nothing but criticizing the president...
I know he's the country's guy, but you were trying to lay him off as Obama's. I merely stated the facts in reply. I personally have no problems with Bernanke who I think is a more stand up guy than Greenspan was.
bush had a long period of grace with over 90% approval after 9/11. Then came a never ending streak of incompetence starting with Iraq and, from there, it was a national disaster leading to 24% approval upon handing over the keys. That he squandered his popularity is nobody's fault but bush's, his advisors', and his boss Cheney's.