JCCIII

Wall Street Breakfast: Must-Know News

Interesting that democrat presidents frequently acknowledge their party's lack of expertise/credibility in the critical areas of finance and defense by nominating republicans to Fed chair and Sec of Defense (Will NBC or MSNBC acknowledge, or even mention, these points?). Wonder how quickly Harry Reid will push the Bernanke re-nomination through the senate. He couldn't get the AA queen (Satamayor) nomination through quickly enough or with little enough discussion; likewise with the "stimulus" package and health care reform. In Bernanke's case, I suspect Harry will likely think the entire Bush-era crisis will require a thorough re-look, with the real purpose being to highlight perceived Bush-era failures while turning a blind eye to any democrat complicity (bet Harry does not highlight the point that the democrats controlled congress from 2006-08) . Politics and hypocrisy are equivalent terms. Nov 2010 (and Nov 2012) cannot come quickly enough.