New Fed Chairman to aid Democrats in November election

New Fed Chairman, Ben Bernanke, tells Congress that he anticipates further need to increase interest rates to head off inflation. (Knight-Ridder)

Further interest rates this Spring will very probably result in decreased general economic activity and increased unemployment in late Summer and early Fall. This is well-timed for the election. With all the other problems that the Republicans are having (Iraq War, Culture of Corruption, exposure of Republican selling of Congressional earmarks, accidental lawyer shootings, etc.) Republican incumbents and Republican wannabees are going to have real problems when the November 2006 election occurs.

Thanks, Ben. Any little assistance to bringing America back to some similcra of good sense and reasonable government is greatly appreciated.