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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:48 PM
Original message
White House stands firm on Bernanke
http://www.google.com/hostednews/afp/article/ALeqM5jCAV...



(AFP) 1 hour ago

WASHINGTON The White House stood firm on the renomination of Ben Bernanke Monday, saying a second term for the Federal Reserve chief was vital to demonstrating stability in the US financial system.

"Chairman Bernanke helped the president and the economic team steer through some very turbulent times and rough waters," White House spokesman Robert Gibbs said.

"I believe that it sends a signal to greater and overall stability to have his nomination approved without political games. And that's what we expect will happen later this week."

Bernanke's nomination, which is yet to be put to a Senate vote, appeared in deep trouble on Friday, after several Democratic senators withdrew support for his nomination amid public fury over his role in the financial crisis.

But the White House launched an emergency bid to shore up the nomination and Senate Majority leader Harry Reid and other influential senators threw their support behind Bernanke.

Read more at link
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Incitatus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:50 PM
Response to Original message
1. It would have been nice if they fought this hard for the public option.
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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:51 PM
Response to Original message
2. I will never stop fighting for you!
for you, Ben Bernanke!
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:51 PM
Response to Original message
3. When did renominating Bernanke become a questionable thing?
It seems about the safest idea ever. I am not a huge fan of the guy, but any doubt surrounding him is certainly a result of the Republican NOOOOOOOOO brigade.
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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:55 PM
Response to Reply #3
5. it was Bernie Sanders that put a hold on the nomination
that's when it became possible that he might be defeated.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:07 PM
Response to Reply #3
7. Bernanke is a "free" market idiot much like Greenspan (Only with a Phd, unlike Greenspan)
He did nothing to stop the 2nd Republicon Great Depression, not that he had a lot of time to fix much. He is a true believer in deregulation, much like Greenspan and believes in the magical hand of the market to cure most everything (as long as the banksters are bailed out).

I don't hear a lot of complaining from RepubliCONS about Bernanke. In fact the bushes loved him.

"When President Bush introduced Bernanke to the world, he stated that "Ben Bernanke is the right man to build on the record Alan Greenspan has established."





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politicasista Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:54 PM
Response to Original message
4. While DU trashes Democrats
(even progressive ones) that support him and praise Repukes that are against him.


All for disagreeing with the president and policies, but stooping low as posting RW talking points about Democrats behind the anonymity of a keyboard is a mirror of Free Republic. JMO.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:55 PM
Response to Original message
6.  My what a fierce advocate,
for some things. Not so much for other things.
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villager Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:46 PM
Response to Original message
8. Ah, so *now* the White House is standing firm...
n/t
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ShortnFiery Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:47 PM
Response to Original message
9. The White House is tone deaf. eom
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quantass Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:57 PM
Response to Original message
10. I'm starting to feel Obama views us as Stupid
1. Use populist retoric ("Fighting for You") to make the people think i am on their side -- Note to self: great parlor trick to get them to stfu...and it works every time.
2. Ask President Rahm what to do next for Corporate America and Republicans.
3. Make daily rounds to water down as much main street legislation Pres. Rahm wants me to do.
4. Ignore the people when they raise concerns of not being taken seriously.
5. A boiling point occurs and the people start picking up pitchforks and torches because they feel they're being totally ignored.
6. Goto 1

Bernanke is a sign that he has no interest in changing course (no chance he will get rid of Geitner) and is only reacting temporarily to the upcry and will just pacify the situation by way of pretty words and get back to business as usual. Gotta feel pretty good if you are republican this coming November.
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:13 PM
Response to Reply #10
11. I have said the same for some time now.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 06:33 PM
Response to Reply #10
14. Ouch
That's pretty harsh. I don't think Obama is as deceptive as you suggest. I feel Obama is fighting for the ordinary American, it's just that he's confronting such an entrenched system and It's going to take years, maybe decades to correct.
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:26 PM
Response to Original message
12. Damn for a second there I thought they were standing firm ON Bernanke
If it was Gibbs that would hurt
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:39 PM
Response to Original message
13. Standing firm on shaky soil.
How illustrative of how this administration has turned out.

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