August 25, 8:35
So now we have a Fed Chairman of New York who is a former Union Boss. This is a puzzling and alarming development for several reasons. Union watchers, those concerned with the tyranny of card-check and eliminating the secret ballot, are wondering what kind of signals this is sending. Secondly, the public is going to see this as nothing more than bringing Jimmy Hoffa into the money printing business. Thirdly, they have to circumvent law to get the guy in.
I would like to say this is a total shocker, but nothing this leftist president, Barack Hussein Obama does surprises me anymore. This is INSANE! Unions now own GM & Chrysler and are sitting in control of one of the most powerful monetary positions in the world. BHO is paying them back for electing him and is trying to secure and entrench the socialist leftist policies via political appointments and takeovers like this nation has never seen.
"America will fall without a shot being fired. It will fall from within." -
Taken from a speech Nikita Khrushchev made before the U.N. in the early years of the Cold War.