So, if your policies, as Ben Bernanke indicated it does and you are nodding your head as well, benefits the stock market, raises asset prices, who are you benefiting? The rich. Who are you hurting? The poor.
Scott Garrett: “So, if your policies, as Ben Bernanke indicated it does and you are nodding your head as well, benefits the stock…”
Editor's note · Context
Garrett criticizes monetary policy for benefiting the wealthy at the expense of the poor.
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Accurate and transparent financial statements are absolutely critical to maintaining investor confidence in our markets.
Yes, we have the opportunity today to save capitalism from cronyism. Yes, we have the opportunity to protect the American taxpayer and the American Dream and to preserve free enterprise.
For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.
It is hard to imagine anything more unfair and un-American than having the Government financially support mega-corporations at the expense of small businesses and American workers.





