The Leveller: A modern day regulator

Candidate economic policy

Once again we get to hear the policy from each candidate that will best address the economic issues. In the past the policies hoped for are usually watered down and are least likely to resemble the policy that was campaigned for.

That is normal and the charade always continued and people voted for the candidate they thought had the best useless policy platform as a candidate.

This time its the same except that it should be clear that economic policy is being driven by the Fed. Yes, with the cooperation of the Treasury that is supposedly under the direction of the executive but this facade is only for looks.

The Fed, Bernanke, and the Treasury, Paulsen, are indeed working together. But since both are former Goldman & JP Morgan big banker types they agree on just about everything.

In any case policy is being decided by the Fed with the executive branch blessing and simply accepting the phony justifications. And so then the President can simply advertise that he is authorizing the Fed to do what it does and the game continues.

But the point is that whatever the candidates proclaim the policy will be decided by the Fed which is accountable to no one. And is in fact more accountable to Wall Street than main street.

Yet each candidate parades around a fake economic policy that will supposedly address the disastrous situation that stands today.

Meanwhile when it comes to economic issues such as what is present today both are ignorant and fall in the same camp. And then rubber stamp any plan in the air that has the best public relations campaign behind it.

Its phony, a fraud, a sham, and a calamity! And should be rejected by the citizenry.