U.S. Federal Reserve Chief, Ben Bernake, has announced he will spend $40 billion dollars per month on the corporate sector, via using taxpayer money. It is a last ditch bid to help boost the struggling U.S. economy that continues to deteriorate since 2008. Bernake's move is being undertaken to aid President Barack Obama in the run up to the November 2012 presidential election. This maneuver shall place America even further in debt.
America needs good, strong jobs in stable sectors with a track record of producing results, not quick fixes by a president trying to stay in office, via throwing away taxpayer money, in failed bids at fixing the economy. Quick fixes only produce artificial results that do not last. The American taxpayers are not getting the best return for their money. Government austerity is needed.
Pollster States If The U.S. Economy Does Not Improve Barack Obama Will Lose The Election To Mitt Romney