Reprinted in entirety from Daily Kos:
This Thursday, the Senate Banking Committee will hold hearings on whether to confirm Ben Bernanke — who was appointed by George W. Bush — to another six-year term as Chair of the Federal Reserve.
Who is Ben Bernanke? Under his watch, the Federal Reserve turned over trillions of dollars in bailouts to big Wall Street banks and didn’t demand accountability in return. And Bernanke still refuses to tell Congress how those trillions of dollars were used.
This week, we have an opportunity that we won’t have again for another six years: to replace Ben Bernanke with someone who will help average Americans, not giant banks. But we urgently need your help.
Click here and tell the Senate to vote no on “Bailout Ben.”
We’ll give every petition signer a phone number to call to help make a difference right away — and we’ll deliver these signatures to key senators before the vote.
Just yesterday, Sen. Bernie Sanders (I-VT) went on national TV to announce his “no” vote — saying Bernanke was “part of the problem” facing our economy.
But many senators are on the fence. Sen. Chris Dodd (D-CT), the head of the Senate Banking Committee, called the Federal Reserve an “abysmal failure” but said he was “waiting to see how members react” before deciding whether to support Ben Bernanke’s reappointment.
We need to show these senators right now that it’s unacceptable for Democrats to continue George W. Bush’s failed policy of putting Wall Street first. Â The Federal Reserve’s job is to promote “maximum employment.” But 15 million Americans are out of work — and the Federal Reserve is doing nothing to help. Â Can you help by signing our petition, and then telling your friends?
Click here to take action right away.
Thanks, as always, for being a bold progressive,
–Aaron Swartz, Stephanie Taylor, Adam Green, and the PCCC team
(source: Daily KOS)
RT Note: It does not matter that Ben Bernake was a George W Bush appointee or not. The significant factor is how Ben Bernake has missed the entire problem. Put aside partisan politics, this is all about Ben Bernake and the Federal Reserve. I for one have submitted my say to stop the reappointment of Ben Bernanke.
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