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Posted by: wtagg 1 year, 2 months ago
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wtagg1 year, 2 months ago
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It's funny that we are relying on Paulson and Bernanke quite a bit currently, aren't we?
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So, if the congress is a do-nothing organization, as republicans have frequently accused, wouldn't the fed head and treasury secretary be worthwhile targets of such a letter? If not, what is their purpose?
It seems to me that Obama is attempting to inform/steer organizations without further regulation by dealing with the heads of those organizations. Ironically, that would be a somewhat conservative approach.
McCain seemed to be calling for a regulatory approach. In a word - liberal.
I enjoy the irony.
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