Greenspan’s successor

Bart

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Feb 6, 2005
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AP - WASHINGTON - President Bush named top White House economic adviser Ben Bernanke as chairman of the Federal Reserve Board on Monday in place of near-legendary Alan Greenspan as the official in closest control of interest rates.


Full name: Ben Shalom Bernanke. No diversity in this top position. Same ol' same ol.


 

Don Wassall

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Not only is the position monopolized racially, both Congress and the media always fawn over the head of the Federal Reserve. If you've ever watched how servile Congressmen are when questioning Alan Greenspan you know what I mean. Theyobviously know who their bosses arein the American Imperial Empire.


I watched ABC's report on Bernanke's appointment, and there wasn't a single negative word about him, nothing but glowing recommendations, and how naming him was a boost to Bush's collapsing presidency. Huh??


The Fed was also described in ABC's report asa "powerful government agency" when of course the Fed is privately owned. There were also hurrahs for Greenspan as being personally responsible for the "unprecedented prosperity" of recent years. There's been unprecedented prosperity for the wealthy but not for everyone else. And when did a banker (lender of money) becomethe engine ofthe U.S. economy? I thought it was businesses and individuals that generated wealth, but apparently not anymore in America's casino economy.Edited by: Don Wassall
 
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