Most of our elected politicians claim they are trying to make things better for most Americans. Why is it they always have actions that contradict their words and promises. All you have to do is follow the money. Lobbyists giving certain politician financial support seems to dictate what gets done. Those actions usually benefit the companies the lobbyist represent. Is it politics as usual? Yes. Have any great changes been made? No.
Right now we have the Federal Reserve chairman Ben Bernanke up for renomination. He has failed in his duties and lead us to the worst recession since the Great Depression. If you ask the almost 30 million people unemployed or the 8 million people who have lost their homes, then they would tell you this is worse.
Sen. Bernie Sanders on Fed Chief Bernanke: He’s Part of the Problem
We do have some people in Congress trying to make the change needed to get us in a better economy. Will he succeed? Probably not, but he is willing to try.
“I’m going to do everything that I can to see that he is not reappointed,” said independent Senator Bernie Sanders, who has used a prerogative of office called a “hold” to stall a full Senate vote on Bernanke’s nomination.
“I’m requesting that President Obama give us a new nominee, a nominee who will understand that his or her main interest has got to be to protect the middle class and working families of this country and not just the big money on Wall Street,” Sanders, whose home state is Vermont, told reporters.
Sanders charged that Bernanke, as Federal Reserve chairman, had been in a unique position to “diagnose and correct the impending financial disaster” that left the global economy in shambles in 2008 — but failed to do so.
The outspoken senator also criticized Obama, saying he had disappointed some lawmakers and many Americans who hoped his November 2008 election would make the White House more willing and able to confront Wall Street.
…Sanders declined to suggest possible replacements, saying “that’s the president’s call,” and expressed hopes that “strange bedfellows” on the left and right would convince Obama to reconsider.
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Republican Senator John McCain, asked whether Bernanke should be confirmed, told reporters he was “leaning against (it)” and would prefer someone like former Federal Reserve chairman Paul Volcker.
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