Network News

X My Profile
View More Activity

'Newsless' Vacation Yields Controversies

By Ben Pershing
As President Obama's "vacation" began Sunday, his spokesman reassured the traveling press corps, "Nobody's looking to make any news." Within the next 36 hours, aides leaked Obama's plan to reappoint Ben Bernanke as Fed chairman, Eric Holder named a prosecutor to investigate Bush-era interrogation practices and the CIA's Inspector General released a graphic report on the same subject.

Obama plans to announce the Bernanke appointment at 9 a.m. ET on Martha's Vineyard, ratifying a choice that had been mostly expected and will likely cheer the markets. "White House officials said that Mr. Obama had effectively decided four or five weeks ago that he wanted Mr. Bernanke to continue, and that he formally discussed the job with him last week at a meeting with the Fed chairman in the White House," the New York Times writes, adding that Obama did not offer the job to anyone else, though other names like Larry Summers, Janet Yellen and Roger Ferguson were rumored. "A move by Mr. Obama to install his own person at the Fed might have have rattled markets and unsettled the foreign investors," reports the Wall Street Journal, which also quotes Rahm Emanuel saying Obama credits Bernanke with "pulling the economy back from the brink of depression." (Note that it's Emanuel delivering the message once again, rather than Summers or Tim Geithner or Robert Gibbs, but that's another story.)

Stability seems to be the word of the day. "You can certainly argue that Bernanke made mistakes, both in failing to spot the housing bubble and in his handling of the Wall Street collapse last autumn," the Economist judges, while "the standard argument for retaining Bernanke is that he avoided a repeat of the Great Depression. ... Perhaps the more practical argument is that, with sentiment still fragile, replacing Bernanke might have damaged the fledgling recovery." Bernanke's reappointment has already been blessed by Chris Dodd, and so the Fed chairman should have a relatively smooth confirmation aside from the complaints of some critics.

Continue reading at Political Browser »

By Ben Pershing  |  August 25, 2009; 8:14 AM ET
Categories:  The Rundown  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Senior UBS Official, Key Donor Shares Some of Obama's Down Time
Next: Video: Obama Reappoints Bernanke for Second Term

Comments

That's assuming that Obama is even a natural-born citizen and therefore "President".

Posted by: JakeD | August 25, 2009 12:29 PM | Report abuse

Mr. Bernake: A multi-agency federal-local program of extrajudicial targeting and punishment has financially ruined many thousands of Americans targeted for reasons of ideology or prejudice.

***

MEMTO TO: POTUS, VPOTUS, AG Holder, SecHomeland Napolitano, SecDef Gates, SecState Clinton, Gen. Jim Jones, DNI John Brennan, Team Obama

* ACT PREEMPTIVELY TO HALT THE EXTRAJUDICIAL MUTLI-AGENCY COORDINATED ACTION PROGRAM THAT IS DESTROYING LIVES AND LIVELIHOODS OF UNJUSTLY TARGETED AMERICANS.

* CLEAN HOUSE IN SOME POWERFUL QUARTERS OF THE BUREAUCRACY -- SECURITY DIRECTORATES, THE PENTAGON, INTEL AGENCIES -- WHERE THE OBAMA ADMINISTRATION'S AGENDA AND POTUS' PERSONAL STANDING ARE BEING SABOTAGED.

* BAN COVERT, WARRANTLESS USE OF GPS DEVICES AND CELLPHONES TO TRACK, STALK AND HARASS MANY THOUSANDS OF UNJUSTLY "TARGETED" CITIZENS AND FAMILIES -- THE "M.O." OF A FEDERAL-LOCAL VIGILANTE GESTAPO FRONTED BY COMMUNITY POLICING UNITS.

* BAN THE USE AND TESTING OF SILENT, HEALTH DEGRADING MICROWAVE/LASER RADIATION "DIRECTED ENERGY WEAPONS" ON AMERICAN CITIZENS AND FAMILIES -- HEALTH-DEGRADING GOVERNMENT-ENABLED TORTURE AND 'SLOW-KILL' GENOCIDE.

* RESTORE CIVIL AND HUMAN RIGHTS BY ENDING WARRANTLESS ELECTRONIC SURVEILLANCE PROGRAMS BEING USED AS A PRETEXT TO HARASS -- PSYCHOLOGICALLY AND PHYSICALLY -- AND TO CENSOR THE TELECOMMUNICATIONS OF MANY THOUSANDS OF UNJUSTLY TARGETED CITIZENS.


http://nowpublic.com/world/gestapo-usa-govt-funded-vigilante-network-terrorizes-america
http://nowpublic.com/world/govt-fusion-center-spying-pretext-harass-and-censor

OR (if links are corrupted / disabled):

http://NowPublic.com/scrivener RE: "GESTAPO USA"

Posted by: scrivener50 | August 25, 2009 11:42 AM | Report abuse

I'll just say Amen to everything that yeswiican said (and tell him/her that name is nice because YES, WE CAN -- and should!)

Posted by: GrannyAnnie | August 25, 2009 11:09 AM | Report abuse

Good for the Obama family that they are finally getting a week off. As for the president, well, sometimes forcing yourself to not work is more stressful than taking care of a few things....

Bernanke is a good guy--I don't think its his fault we didn't catch the housing bubble, and no one would have listened to him anyway. That one's on Greenspan. Good for Barack to be nonpartisan and reappoint.

As for the DOJ stuff, let Holder do his job. 'Nuff said.

Posted by: yeswiican | August 25, 2009 9:47 AM | Report abuse

The comments to this entry are closed.

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company