Palin blasts Fed for "bread, soda and twinkies...... oops."

Palin: "It's time for the Fed to stop bread, soda and twinkies..... oops. Wrong hand. It's time for the Fed to stop messin' round with the economy."

It's just baffleingly strange right now.

Remember when Sarah got caught writing crib notes on the palm of her hand?

Now imagine she's got her grocery list on one hand, and her Fed attack notes on the other.

Conservative Libertarianism. Also the Conservative
Economic Fundamentalism/

So many of these members have never grasped the Severity
of our Financial Implosion. These people apparently
would have looked into the Abyss and said "DO NOTHING"
They seem to believe this was just a business cycle
failure. There Remedies are exactly the same a routine
business cycle depression. (you know the old boom then
bust--medium to moderate recession--recover and then
repeat boom and bust etc.

They give the impression that you treat a recession
that is almost comparable to the Great Depression no
differently. First the banks and financial systems
and businesses operate within a system. They are
brrowing lending making transactions for businesses
banks ect. There was a run on the banks in their
system and they were like beavers to keep it from
slipping into the public system(our everyday banking
trading etc.) The runs (people drawing their money
out of the banks) lead to Lehman"s failure.
These GOPers would have let the banks collapse.

Even Adam Smith believed that in serious Recessions
where the Banks are failing. NO ONE COULD MAKE LOANS
It was that serious. If people and business cannot
borrow the economy collapses. Keynesian Economics
tells us the Government being the only Institution
large enough with enough welath has to step in and
resuscitate the Economy. Some Conservatives, too
many IMO believe DO Nothing. Just let things collapse.

When Bernanke last appeared before Congress. He told
them he would support them in a second stimulus.
(This means the Economy needs help. The Fed would never
recommend the Stimulus. Bernanke is a Republican. For
him to make the recommendation is serious. He is concerned
over the high unemployment. He indicated he would start
quantitive easing if they did nothing. In other words
he is printing money hoping it will provide stimulus
This monetary policy does not help unemploymet.
If Congress had passed the stimulus, he probably
would not be doing the printing money.

If you are from Ron Paul school and believe the
Fed should not exist and we should go backto the
goal standard or if as Palin you do not believe
in intervention you get out shout your cutesy
phrases.

This frighens me. Bernanke is using the only
tool he has left to try to keep us going in
the right direction.