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CNN Breaking News(Ben Bernanke to succeed Federal Reserve Chairman Alan Greenspan)
CNN ^ | 10-24-05 | Staff: CNN

Posted on 10/24/2005 9:22:14 AM PDT by no dems

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To: no dems

CNBC is speculating that Bush is going on the offensive today by naming Greenspan's replacement in an attempt to divert attention from Rove's pending indictment...


61 posted on 10/24/2005 9:51:04 AM PDT by RXSalesman
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To: Keith
Ronald Reagan would be disappointed at how much we violate his 11th Commandment.

"Presidents, regardless of party, face constant pressures from the Left -- from the Big Brother government, neofascist, high tax, property-confiscating liberals, from the econazis and global warmists, from the pro-abortionists, from those who are pro-one world and anti-American and from those who advocate cradle-to-grave socialism. (Have I left anyone out?) And, unless there are constant counter-pressures from those on the Right who believe in small government, low taxes, America first and individual liberty, presidents, under Left-wing pressure, tend to drift that way." --Lyn Nofziger

62 posted on 10/24/2005 9:51:28 AM PDT by Carry_Okie (There are people in power who are REALLY stupid.)
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To: Rutles4Ever

Gee, don't you have more important issues to address? You should change your tagline to "stuck-up" genius for two reasons: 1.) That's how you come across and 2.) Your head is stuck up you a**.


63 posted on 10/24/2005 9:51:40 AM PDT by no dems (Go ASTROS!! For the first time ever, a World Series played in Texas,)
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To: Hildy

Ditto and God help us.

So sick of this crap.


64 posted on 10/24/2005 9:51:52 AM PDT by bonfire (dwindler)
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To: devane617

How very cute. Maybe you would quit trying to infiltrate FR and go on back to DU where they really love "Hate Bush" rhetoric.


65 posted on 10/24/2005 9:51:55 AM PDT by ClancyJ (God give us the strength to fight the liberal onslaught against our President and our country.)
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To: All

How is the market reacting?


66 posted on 10/24/2005 9:52:28 AM PDT by rightinthemiddle (We Self-Destruct. We Blame Bush. That'll Show 'Em!)
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To: ClancyJ

Prior to bitterness, the President sells all our interests down the river... so what exactly is the risk in embittering him? That he'll make it official and formally switch his party to Democrat, so that he can enact their agenda more openly?


67 posted on 10/24/2005 9:52:55 AM PDT by thoughtomator
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To: Rebelbase
Best I can tell, Bernanke is every bit as conservative as George Bush.

That's comforting.....NOT!

68 posted on 10/24/2005 9:52:59 AM PDT by P8riot (When they come for your guns, give them the bullets first.)
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To: thoughtomator

Actually, a highly qualfied academic economist. I thought Harriet Myers might get the nod.


69 posted on 10/24/2005 9:53:22 AM PDT by Thane_Banquo ("Give a man a fish, make him a Democrat. Teach a man to fish, make him a Republican.")
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To: rightinthemiddle

"How is the market reacting?"

I haven't heard, and the descriptions of Bernanke's guiding philosophy are conflicting. Is he an inflation hawk, or an easy money printer? I've read both in this thread alone.


70 posted on 10/24/2005 9:54:26 AM PDT by RegulatorCountry (Esse Quam Videre)
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To: Texas Songwriter
Jim Sinclair has been warning about this guy for years. He is basically a money printing machine.

"I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."

-- President Andrew Jackson - (1824)

George Dubya Bush is Andy Jackson's worst nightmare come true.
71 posted on 10/24/2005 9:54:44 AM PDT by Willie Green (Go Pat Go!!!)
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To: ClancyJ

I notice the Bush-Bashers seem to have a lot more free time than the rest of us...


72 posted on 10/24/2005 9:54:56 AM PDT by rightinthemiddle (We Self-Destruct. We Blame Bush. That'll Show 'Em!)
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To: Borges
taught at Stanford...

Must be one of Condi's cronies.

73 posted on 10/24/2005 9:54:57 AM PDT by Fresh Wind (It is Watergate yet? Is it Watergate yet?)
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To: ClancyJ

Hate to interrupt but if the agenda you are referring to includes spending money to make liberals like us and nominating your good friends to positions of power, then no, you won't be getting much support.


74 posted on 10/24/2005 9:55:05 AM PDT by dmartin (Who Dares Wins)
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To: devane617

"...wants to invade Iraq"

Hmmmm. I thought we were already in Iraq. Silly, silly me.


75 posted on 10/24/2005 9:55:17 AM PDT by no dems (Go ASTROS!! For the first time ever, a World Series played in Texas,)
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To: no dems

BERNANKE WORKS [Larry Kudlow]
CEA chair and former Fed governor Ben Bernanke is about to be nominated to succeed Alan Greenspan as Chairman of the Federal Reserve Board. In my view it is a good choice. Though Mr. Bernanke is not a hardcore advocate of the price rule, he does favor an inflation target, which is the second best option. Noteworthy is the fact that in recent speeches he has emphasized the slow and steady 2 percent zone of core inflation and inflation less energy. So he is not as militant as some of the crazed Fed presidents. Bernanke does watch financial market indicators such as the inflation-adjusted Treasury bond and the TIPS spread.

Bernanke will also support an extension of Bush’s tax cuts for capital gains and dividends, and he has told me in the past that raising tax rates would only harm the economy. He is widely respected in the economics profession as a former chairman of the Princeton Economics Department. Thank heavens that Fed board member Donald Kohn, who is a demand-sider and a Phillips Curver, did not get the nod. (I'll be tracking this development closely on my blog, Kudlow's Money Politic$)
Posted at 12:27 PM

http://corner.nationalreview.com/05_10_23_corner-archive.asp#080531


76 posted on 10/24/2005 9:55:56 AM PDT by frankjr
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To: no dems

I agree 100%.


77 posted on 10/24/2005 9:56:20 AM PDT by dc-zoo
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To: Rebelbase

Not a bushbot. The guy is qualified. Has been one of the top 2 candidates for awhile. Read his bio.


78 posted on 10/24/2005 9:56:28 AM PDT by FreeInWV (In the wait & see category.)
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To: RegulatorCountry

Another thread says Dow is up 110 and Nasdaq up 20...second-hand.


79 posted on 10/24/2005 9:57:11 AM PDT by rightinthemiddle (We Self-Destruct. We Blame Bush. That'll Show 'Em!)
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To: no dems
Are there more than four people in America who give a crap what Ann Coulter thinks? Every time that bleach-blonde ditz opens her mouth she is an embarrassment.

Did someone say Ann Coulter?


80 posted on 10/24/2005 9:57:38 AM PDT by P8riot (When they come for your guns, give them the bullets first.)
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