Friday, December 3, 2010

Republican politicians have idiot splashed all over their faces



I didn't have time to blog about it, but the most interesting thing that happened this week? Our Federal Reserve Board was forced to release the details of the Trillions in dollars in lending they did at the very peak of the recent financial crises. To most Americans, this was a snore. This disclosure went right over their heads. Probably fewer than 1 out of 10,000 Americans are even aware that this information was released. But it was earth shattering.

It turns out that our nation's Federal Reserve Board became the banker to the entire world. It lent money, in massive volume, to banks the world over. When history is written on this era, it will reflect that Ben Bernanke, that humble former South of the Border tourist trap waiter of tables, and now our current Chairman of the Federal Reserve Board, wound up saving the entire world economy. Ben Bernanke will go down in world history as a savior. Our great, great, great, great grandchildren will know this man's name, when all others from our era will be long forgotten.

And to think that not 3 or 4 weeks ago, every fucking Republican in the United States Congress wanted to hang Ben from the highest tree. To the one, Republican politicians in Washington DC have a classic case of egg on their face. Republicans look the idiots they appear. And that includes our state's Republican Senator, Richard Burr.

North Carolina deserves better than Republican Senator Richard Burr.

No comments:

Post a Comment