Why Bernanke is No 'Obamacan'

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Sorry to burst your bubble, Daniel, but Ben has signaled that he is probably going to raise rates, or at least not lower them anymore. Although I prefer the former, the latter is good, as both will help strengthen the dollar.
However, neither of you actually addressed Ben's points, but rather attacked him on his monetary policy. While that is debatable, his points are rather correct, and the Dems would do well to heed them.

Chris of AZ 7:23PM June 11, 2008

So little differences in top marginal rates then do what?
Let's pay down the debt, then we'll really be able to give Americans a tax cut since we won't be paying all that interest.
Pay off the $10T Bush debt.

VennData of IL 9:51AM June 08, 2008

The vaunted productivity gains over the last 25 years could simply be a result of the changes in the CPI index in 1983 and 1998. If wages are rising at a pace that is below the real rate of inflation, productivity is "miraculously" increased as more dollars in sales are obtained per labor unit cost. Per a recent chart, the 1983 CPI method would calculate inflation at around 11% for 2007 - instead of the 4% Bernake's fed estimates. If this is the case, it is possible that productivity was increased through a reduction in lifestyle quality for the working class. This quality loss is of course off-set by trade and the other positive points mentioned above.

Matt of IL 1:55PM June 06, 2008

Conservatism is lost when "conservatives" cheerlead a man who has favored cutting interest rates at every turn. The biggest government intervention in the history of our free markets have occurred on his watch (both as Chairman and as Greenspan's intellectual Sancho Panza).
What is it about the Fed that makes "conservatives" want to write a blank policy check to the Chairman?
Bernanke may be a Republican, but he's debased our currency like no Democrat could. Truly, a Republican Barney Frank could love.

David Pearson of CA 1:46PM June 06, 2008

Bernanke? The guy who thinks "conservatism" is a 2% Fed Funds rate to hold down the yield on your grandma's FDIC-insured CD while real inflation is three or four times as high? And we're worried about what Bernanke thinks of Obama?
We should be more worried that Bernanke is slapping (yes, slapping) the real "conservatives" and everyone else with funny-money slight of hand. It matters not that he's a Ph.D. If he's assisting the devaluation of your money (and he is with too-low rates and "liguidity-money" created from thin air), then we need a new Fed chairman. He probably suspects Obama would have him replaced. And yesterday wouldn't be too soon for that.

Daniel David of NM 10:53AM June 06, 2008