Buddy @ #53,
Last week within a day of each other:
Bernacke warned of either higher taxes or spending cuts,http://www.politicsdaily.com/2010/04/08/bernanke-warns-of-tax-hikes-or-benefit-cuts-to-deal-with-deficit/
and Paul Volcker urges a VAT. http://thehill.com/blogs/on-the-money/domestic-taxes/90991-volcker-suggests-raising-taxes-possibly-adding-a-value-added-tax
This appears to be a coordinated effort to get the ball rolling for one of the great socialist goals; suffocatingly high taxes.
Volcker always loved higher taxes, absolutely hated Reagonomics and supported of course Buraq the Traitor Boy.
Funny how now Bernacke makes political suggestions. Back in the Bush years, I don’t remember him wanting us to drill for oil, or want to rein in Fannie and Fred. But right on cue… I think ol Helo Ben was at the vortex of the crash and was always closet socialist.








