Boner and the Chin are "deeply concerned"

[Turbineguy]

The four top Republicans in Congress wrote to Federal Reserve Chairman Ben S. Bernanke today expressing “deep concerns” over the central bank’s second- round of Treasury bond purchases.

“While intended to improve the short-term growth of the U.S. economy and help maintain a stable price level, such a measure introduces significant uncertainty regarding the future strength of the dollar,” the letter said. The purchases could “result both in hard-to-control, long-term inflation and potentially generate artificial asset bubbles.”

The letter, dated today, was signed by House Republican leader John Boehner of Ohio, House Republican Whip Eric Cantor of Virginia, Senate Republican leader Mitch McConnell of Kentucky, and Senate Republican Whip Jon Kyl of Arizona. A copy of the letter was obtained by Bloomberg News.

http://www.bloomberg.com/news/2010-11-17/boehner-mcconnell-express-deep-concerns-on-fed-plan-in-bernanke-letter.html

I was wondering if Bernanke was on the right track with this one but now I'm relieved he most likely is. The notion that one of these clowns is correct is a statistical possibility, that all four are correct is a probability of the lowest order.

[maxsolomon]

1. let's see you try and stop him

what's that? you're just blowing hot air again? that's what i thought.

[midnight]

2. I'm inclined to approach this "deep concern" along the

same line of reasoning that you are.... But do you know who will get a second round of treasury bonds? The banks or the people?

[villager]

3. shouldn't we be photoshopping some cheesy 80's cop "buddy movie" graphics for "Boner and the Chin?"

we'll be needing 'em over the next couple of years...

[WhiteTara]

4. Shouldn't that be "Chinless"

although I knew immediately who you were talking about.

[xultar]

5. is "the Chin" "Doughface"? That is what I call him. His face looks like

dough.

[gkhouston]

7. I call him "Turtle Turd". n/t

[Warpy]

6. Even stopped clocks can be right twice a day

and these guys are Johnny come Lately to criticizing the Fed for this move.