Early fireworks in Bernanke confirmation drama

CNN

12/02/09

On the eve of what’s expected to be a tough confirmation hearing Thursday, one senator has thrown up a political roadblock intended to stymie Federal Reserve Chairman Ben Bernanke’s second term. Sen. Bernie Sanders, I-Vt., said late Wednesday that he will put a hold on Bernanke’s nomination. A hold is an informal practice in which a senator informs the majority leader that he does not want a measure or nomination to reach the floor for a vote...

http://tinyurl.com/yaazf24



An answer to Bernanke

Campaign For Liberty
by US Rep. Ron Paul (R-TX)

12/03/09

Federal Reserve Chairman Ben Bernanke (November 29th Washington Post) does not want us to know any of the details of the Fed’s secret operations. This position is not surprising and has been typical of all central bank chairmen. Bernanke’s stated goal in his editorial is ‘To design a system of financial oversight …’ that will ‘provide a robust framework for preventing future crises.’ During its 96 years of existence, the Federal Reserve has played havoc with our economy and brought great suffering to millions through unemployment and price escalation...

http://www.campaignforliberty.com/article.php?view=407



A few questions for Fed chief Bernanke

Cato Institute
by Mark A. Calabria

On Dec. 3 the U.S. Senate Banking Committee meets to hold a hearing on the nomination of Ben Bernanke to another term as chair of the Federal Reserve Board. Although Bernanke is almost assured confirmation by the Banking Committee and the full Senate, this is perhaps the only opportunity for Congress, and the American public, to get a fuller accounting of both Bernanke’s role in creating the financial crisis and responding to it...

http://www.cato.org/pub_display.php?pub_id=11030


Informant: Thomas L. Knapp

--------

Bunning to Bernanke
http://www.lewrockwell.com/orig10/bunning1.1.1.html

Bernanke and Fed in Crosshairs of Left and Right
http://www.lewrockwell.com/spl/bernanke-in-crosshairs.html



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