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View Diary: Thank You President Obama! I was helped by the $26 Billion Settlement. That's why I'm a Democrat! (280 comments)

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  •  Correct- it is indeed more Bernanke's doing (1+ / 0-)
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    kck

    The QE's that is. But given that Bernanke and the White House appear to be totally aligned on policy I am tempted to say that they share the credit.

    •  I agree that they're aligned (0+ / 0-)

      ...which I attribute to Obama's deference to Geithner/Bernanke from day-1 which I attribute, good or bad, to Obama knowing this is not his area of expertise. He has no control to shift the FR strategy anyway. I'm remembering back to Volker's painful, contentious reign and assuming Bernanke is at least as much in control, again, good or bad.

      Eliminate the Bush tax cuts Eliminate Afghan and Iraq wars Do these things first before considering any cuts

      by kck on Mon Apr 23, 2012 at 08:18:26 AM PDT

      [ Parent ]

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