Other than this once every four years appointment, the Fed chairman is independent of the President.

Dont you love electing ideologues? Incompetent, radical ideologues at that.

We breathe out carbon dioxide (better be careful – they’ll start slapping a tax on every living, breathing organism) and plants use carbon dioxide and emit oxygen. It is a cycle, and it has been going on through out geologic time. Carbon dioxide levels have actually been FALLING, and that should cause more alarm than rising levels of this live-enabling gas.

Maybe I’ll buy a herd of shetland sheep – I’m thinking producing more warm clothes will be the way to stimulate the economy. In the meantime, destroying the oil and gas industry (nasty capitalistic companies that they are) will hurt all of us but the poor will be hurt more, and what will the government do without all the royalty payments and taxes pouring in from the oil companies? Or is that another “unintended consequence” brought to you by the administration that can only manage to think things half way through, when they think about them at all?

On the other hand, if his intention is to tank the economy, He’s bringing his A game.

I’m starting to agree more and more with Mark Levin on this point: Obama and his team have set out to deliberately tank the economy, destroy capitalism, and drive the citizenry into a state of subservience to The State. And no, I’m not buying the “but this started on Bush’s watch” watch crap either. Bush left to his own devices tended toward balancing the budget before cutting taxes. He cut taxes after 9/11 only to avoid a recession, and tried after that to get back to balanced. But because he tried to play nice, and Republicans tried to beat Democrats at the earmark game, and Dems played hardball regardless, he didn’t get what he wanted. And after the Dems got both houses of Congress, Bush played nice and the Dems got what they wanted, with the sole exception of the surge in Iraq.

“Pay no attention to the man behind the Curtain” – - he’s doing the opposite of what he says on the other side of the room, but just ignore that.

Coal fired power plants provide 1/2 the energy to Americans. Destroying it will help further us into the hole that Obama has been steadily digging since even before he was inaugurated. During his campaign he said this policy was ‘unfortunately’ be passed on to the consumer, increasing each households energy cost to at least $1400 a year. I live in New York State and I can tell you that this Democratic lead state has taxed the living hell out of energy already so this will just decimate many people. All this while their property taxes are some of the highest in the country, and climbing.

While Obama sets up programs to bail out people who were not paying their mortgages, he is forcing people who have, out of their homes by further increasing costs they cannot afford.

“A government that robs Peter to pay Paul can always depend on the support of Paul. George Bernard Shaw

Of course, the Fed should not be involved in political decisions. But Greenspan (whose reputation has been revealed as overrated) would comment on the economic impact of political decisions (deficits do matter, low taxes are good but balanced budgets are better). Greenie often made statements that were used (by the MSM) to embarass or contradict Bush. In short, he made use of the Fed’s independence.

It’s pretty clear to me that the Obama admin has told him he’s on a short leash, and if he wants to keep his job, he has to toe the party line. That means Ben has to forego his bully pulpit. Not good.

Or, in this case, a “gentleman’s C-minus” hires other F’s.