Barack Obama
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.
Ben Bernake
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.
RELATED ARTICLES