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Tuesday, October 27, 2009

The buck stops there: Cosmetic fixes to plundered economy a delicate dance for Fed, so Obama hides under table

(Politico) -- The biggest decision of the economic recovery will be made in the next six months, and Barack Obama will have almost nothing to do with it. Forget the debate over TARP, and never mind the questions about a second stimulus. This decision is about when to pull out $1 trillion that’s propping up the U.S. banking system. And it will be Federal Reserve Chairman Ben Bernanke and his Fed colleagues who make the call...LINK