Strong-Arming the Fed: If It Ain't Broke, Don't Fix It. No, Wait. It Is. But Lay Off It Anyway. Or Else.
As always more worried about their electability, ideology and bank accounts than the state of the nation, GOP leaders sent a letter - leaked - to Federal Reserve chair Ben Bernanke warning him not to intervene in the economy even if such intervention might actually save it. Because the Fed is supposed to be immune from political meddling, everyone - even mainstreamers like the WSJ - is outraged the GOP has crossed yet another line of unacceptable behavior, though we suspect they may still find some more some place. Colbert on why we need to rob the poor, old and dead rather than make rich people pay their fair share:
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|The Word - Death and Taxes|