It needs more Bernanke!

You are boring the Ben Bernank.

For the millionth and a half time, the NYT reports:

The Federal Reserve chairman, Ben S. Bernanke, delivered a detailed and forceful argument on Friday for new steps to stimulate the economy, reinforcing earlier indications that the Fed is on the verge of action.

I'm uncertain if viewing this situation with proper perspective is particularly flattering to the Federal Reserve at this point. I at least hope we can start draining some excess reserves instead of just throwing more money at the system mindlessly.

Also, an interesting note I didn't know about:

Mitt Romney, the Republican presidential nominee, has said such action would be counterproductive, and has pledged to replace Mr. Bernanke at the earliest opportunity.

Way to make friends, Mitt!