Obama Reappoints Bernanke Before Playing the Back Nine

Bernanke brings his bear market to the Vineyard.

It's tough being off of the evening news for a week, so it was either reappoint Bernanke or bomb Libya. 

Since bombing Libya calls for a necktie, President Obama threw a blazer over his golf shirt and reappointed Ben Bernanke to another term running the Federal Reserve.  We get it, Mr. President, you're on a working vacation.  That's some weak-ass showmanship.  You're like that guy in our office who sends out emails whenever he works late - just so everybody knows he worked late. 

Bernanke's current term doesn't even expire until FEBRUARY 1, 2010. 

In the Obama White House, style is not only beating substance, it's pitching a shutout.



 

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