Comments on: Tom Hoenig For Treasury

By: theconservativelie

theconservativelie — Wed, 03 Feb 2010 22:45:47 +0000

Not caused by a specific party? That’s very diplomatic of you, but I must disagree. Take a look at the economy foisted upon us by Reagan, slowed a bit by Bush Sr. and then turned around during Clinton’s administration. Take a look at the projected Budget surplus we were looking at in 2001 compared to the projected 10 deficit Obama inherited. I think that at no other time in American history has the cause and effect of supply-side economics vaunted by the GOP been more apparent.

The rest of your comment I concur with 100%. I was going to say 100 and 10% but I was afraid that might make you doubt by ability to analyze the economy.

By: Ashley

Ashley — Wed, 03 Feb 2010 22:18:30 +0000

By: Munki

Munki — Wed, 03 Feb 2010 09:30:33 +0000

Dr. Elizabeth Warran, Dr. R. Reisch or … someone NOT necessary from FED RESERVE… why?

They could have controlled better before the fall out of WS…

By: dlr

dlr — Wed, 03 Feb 2010 09:01:45 +0000

Send Bernanke to Zimbabwe. He would be a real voice of restraint on printing money – compared to Mugabe. Or to Venezualia! Another place he would be a real influence for restraint in hyper-inflationary monetary policy. In fact, let’s be selfish and say ‘Anywhere but America’.

By: dlr

dlr — Wed, 03 Feb 2010 08:51:05 +0000

Boy, you’re way nicer than I am. I would say any incumbent who voted for Bernanke OR THE BAILOUT BILL, should be booted out of office.

By: dlr

dlr — Wed, 03 Feb 2010 08:49:25 +0000

Good question. How many banks in HIS region have been closed by the FDIC?

The 10th district doesn’t include any of the states that were ground zero states for the housing boom/bust (Nevada, Arizona, California, Florida or Michigan ), so that is a good sign.

By: dlr

dlr — Wed, 03 Feb 2010 08:36:39 +0000

Yes, I believe Geithner is definitely corrupt enough to work to defeat a good bill. He is a wholly owned subsidiary of Goldman Sachs, Morgan Chase, Bank of America and Citibank. Is he that way because of cognitive capture or corruption? I don’t know, and I don’t care. But his DEFINITON of a good bill is a bill that is good for Goldman Sachs, Morgan Chase, Bank of America and Citibank.

By: dlr

dlr — Wed, 03 Feb 2010 08:31:42 +0000

Boy, I couldn’t agree with you more. I would pay serious money to see Bernanke, Geither, and Paulson in jail. In my opinion they did far more damage to this country than Hitler, Saddam Hussein, and Osama Bin Laden.

Greenspan was bad, yes, for keeping interest rates low. But the damage he did was as nothing compared with the destruction those three did cleaning up the mess. By bailing out the Rich and Powerful and Politically Connected they have not only ensured that our economy is going to experience a Japanese style great depression, they have destroyed the basic American social compact. They are nothing less than traitors, willing to betray our country for private gain.

By: NKlein1553

NKlein1553 — Tue, 02 Feb 2010 21:43:45 +0000

I agree. Out with Bernanke! Stats Guy for Chairman of the Federal Reserve!

By: Russ

Russ — Tue, 02 Feb 2010 21:23:52 +0000

I went to double check and here’s what I found:

http://thehill.com/homenews/senate/78597-senate-puts-bernanke-one-step-closer-to-second-term

There were six Democrats who switched their positions on the votes. The six Democrats voted in favor of cloture, but opposed Bernanke on the final vote. They were Boxer, Dorgan, Franken, Harkin, Kaufman and Whitehouse.

But I agree with your basic point, though I think if any filthy insiders want to expunge their guilt, now’s the time to start. No takers yet.

By: StatsGuy

StatsGuy — Tue, 02 Feb 2010 20:48:06 +0000

Unfortunately, no. Most pols on the dem side seem to be more concerned with maintaining transfer programs intact, even going so far as to cap non-military discretionary spending. Long term investment credits would fall into discretionary spending. The Build America Bonds program probably was a step in this direction, although it’s hard to say what % of municipal bonds is going to investment vs. budget (especially taking into account budget shifting). Team Obama has lots of little good ideas in this area. Little being the problem – they are utterly dwarfed by the projected increases in transfers.

By: StatsGuy

StatsGuy — Tue, 02 Feb 2010 20:40:45 +0000

That’s what’s happening – the goal should be the opposite.

By: VacantHomes

VacantHomes — Tue, 02 Feb 2010 20:11:22 +0000

Ugh, spoken like a true partisan, which is exactly what we need less of. Mr. Johnson is right, we need someone honest and competent who will not be captured. Whether he is a Democrat or Republican is much less important, and I feel sorry for you if you really think that is the most important thing. (And I usually tend to vote Democratic, for what it’s worth.)

By: Mitch

Mitch — Tue, 02 Feb 2010 18:57:47 +0000

Here here!

By: Siggy Fashizzle

Siggy Fashizzle — Tue, 02 Feb 2010 18:38:12 +0000

Wow, synchronicity! I had a dream the other night where I was a Krispy Kreme donut and Bernanke, Geithner, and Summers were racing sausages chasing after me. What do you think that means???

http://milwaukee.brewers.mlb.com/mil/fan_forum/racing_sausages.jsp