Reid endorses Bernanke, likely that he will win re-confirmation

[jefferson_dem]

Top Senate Democrat endorses Bernanke
By JEANNINE AVERSA and JIM KUHNHENN
The Associated Press

WASHINGTON -- The top
Democrat in the Senate has endorsed Ben Bernanke for a second term as chairman of the Federal Reserve.

Majority Leader Harry Reid says the Fed will have to do more to help struggling homeowners keep their homes and urge banks to lend to small businesses.

The Nevada Democrat's endorsement was a welcome sign for Bernanke since more and more senators in both parties have announced opposition to Bernanke or said they are undecided. Reid raised eyebrows on Thursday after issuing a statement that failed to endorse Bernanke.

Democrats had sharply criticized Bernanke for failing to police high-risk mortgages and missing the housing bubble.

http://www.miamiherald.com/business/breaking-news/story/1439857.html

Likely to win re-confirmation - http://twitter.com/MajoratWH/statuses/8087995844

[bigwillq]

1. I stand with Boxer and Feingold (nt)

[ShortnFiery]

9. +1 eom

[Sebastian Doyle]

10. Don't forget Bernie Sanders

He was the first to stand in opposition to re-confirming that piece of shit.

Hopefully more REAL Democrats will stand with them. And not with Spineless Harry and the criminal banksters.

[louis-t]

2. Reid is still hoping the repugs will behave

if he just asks them nicely.

[saracat]

5. As does the president!

[TheKentuckian]

3. God, Harry sucks

[Imajika]

4. Meh, he's the Senate Majority Leader...

..probably felt like he had to back Obama on this one.

Reid is going to lose anyway. He is about as popular as a bad case of diarrhea in Nevada. Probably figures it doesn't matter anymore. Don't make waves and get a sweet lobbying job next December.

[still_one]

6. I agree with Reid, and respect and understand Boxer's and Feingold's reason

However, many in Congress wants to use Bernake as a scape goat, when they are the ones who are responsible for the removal and enforcement of regulation

They are the fox watching the chickn coop

If Congress wanted, they could put more restrictions on the Fed, but they don't, they need their pastsy

[quantass]

7. Poor Reid, always making the WORST decisions nt

[senseandsensibility]

8. Wow that's shocking

n/t