So the Republicans in Congress are in an uproar because the Fed Chairman says things they don't like.
Funny. When the Fed Chairman says things they do like, as Greenspan did in 2001 when he implicitly endorsed the first round of Bush tax cuts, they fell all over themselves patting him on the back.
Now they want to strip the Fed of its mandate to reduce unemployment.
What's changed? The wrong party holds the White House and has different policy objectives. That's it.
Hypocrites.
Posted by Linkmeister at November 20, 2010 02:15 PM | TrackBack