WSJ front Page–Fresh Attack on Fed Move

A group of prominent Republican-leaning economists, coordinating with Republican lawmakers and political strategists, is launching a campaign this week calling on Fed Chairman Ben Bernanke to drop his plan to buy $600 billion in additional U.S. Treasury bonds.

“The planned asset purchases risk currency debasement and inflation, and we do not think they will achieve the Fed’s objective of promoting employment,” they say in an open letter to be published as ads this week in The Wall Street Journal and the New York Times.

The economists have been consulting Republican lawmakers, including incoming House Budget Committee Chairman Paul Ryan of Wisconsin, and began discussions with potential GOP presidential candidates over the weekend, according to a person involved.

Read it all.

Posted in * Economics, Politics, Economy, Federal Reserve, House of Representatives, Politics in General, Senate, The U.S. Government

One comment on “WSJ front Page–Fresh Attack on Fed Move

  1. apple123456 says:

    mey be is ok [url=http://www.bestuninstalltool.com] Best Uninstall Tool [/url]