Meet the new boss...same as the old boss
That old song written by Pete Townsend is a cliche now, but like so many cliches, it continues to be relevant.
Obama has re-appointed Bernanke to a second term as head of the Federal Reserve Board. This is so disgusting that I can't even describe how angry I am at this moment.
Obama proves once again, as he has with his folded tent approach to health insurance reform, that he is simply Bill Clinton with a better marriage. Bernanke was the presiding overseer of the most massive giveaway of public funds for private financiers in the past two centuries. Heck, Ronald Wilson Reagan (Mr. 666) would have applauded Obama's supply-side economics applied to a direct bailout of the wealthiest economic elite. Just as Reagan (and Bush II) gave money to the most wealthy people with the promise they'd invest in American industry and businesses--which they didn't--Obama gave a trillion dollars to bankers and financiers with the promise that they'd lend the money to small businesses and even other large businesses--which they didn't, again. The only direct bailout was Cash for Clunkers, and that worked in saving car dealerships and car companies at least for now...
And as for those moronic nutjobs who continue to think Obama is some Commie-Kenyan-Muslim, let me say in my anger and despair that if you really want to do something good for our country, take those guns you bring to the health insurance forums and blow your own god-damned brains out--and save our nation from degenerating into a complete state of stupid.
Obama is what I saw in him almost three years ago: A smart banker, at least compared to McCain, Bush and the rest of the Republican leaders, who are stupid bankers.*
* I actually had some hope last fall that Obama the smart banker would find his inner FDR. He hasn't. He just found his inner Clinton.