Elko Mike - Government - Let the Economy Recover!

Big Ben Bernanke, Chairman of the Fed, assures America that he can continue to print money out of whole cloth, pump it into the economy, and prevent inflation. Well that sounds impressive.

Looking at the federal government's contribution to the economy we have a set of liberal Democrats doing their best to smother the patient with a pillow and we have Bernanke with his paddles trying to keep the patient's heart pumping. Government needs to stop it with the depressants and stimulants so that the economy can recover.

Anyway, about Big Ben's confident pronouncement, I would remind everyone that he told us 2005 -- just before the housing bubble burst and the economy went into the tank for those who need a history refresher -- that the fundamentals of the economy were good and the rise in housing prices wasn't a bubble, but rather was reflective of a strong economy. Yeh, right Big Ben.

Big Ben is playing with fire, which is terrifying given his economic forecasting track record. Interest rates in this country rose beyond 18% to stop Carter's runaway inflation. If Bernanke lets that genie out of the bottle the rising cost to service interest payments on our huge debt could bankrupt the country. 

Elko Mike
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