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Chief Justice Roberts Seems to Believe the South Has No Special Problem With Racism

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Sir John Barron2/27/2013 12:53:36 pm PST

Speaking of the economy, the Republican head of the Federal Reserve, who was first appointed by a Republican president, appeared before the Senate recently and got hammered by Confederates Republicans in that chamber for trying to do his job too much:

The reception on Capitol Hill was frostier, as several Republican senators challenged Mr. Bernanke’s assertion that the purchases were producing clear economic benefits, and questioned the potential costs. Senator Bob Corker, a Tennessee Republican, drew Mr. Bernanke into an unusually sharp exchange.

Mr. Corker, asserting that low interest rates were “throwing seniors under the bus,” by reducing returns on some kinds of investments, asked Mr. Bernanke, “Do you all ever talk about the longer-term degrading effect of these policies?”

“One thing we talk about is unemployment,” Mr. Bernanke responded. He added that the best way to increase interest rates was to increase growth.

Mr. Corker then accused Mr. Bernanke of insufficient concern about potential inflation, saying, “I don’t think there’s any question that you would be the biggest dove since World War II,” using the term “dove” to denote a Fed official who is more concerned about unemployment than higher inflation.

Mr. Bernanke, clearly piqued, responded, “You call me a dove, but my inflation record is the best of any chairman in the postwar period.”

“Interest rates are too low…inflation might be too high someday…”

Ever get the idea the Confederates in Congress don’t much care about employment, the economy, or anyone but their donors?