Dear Senator Franken:
I am a resident of Minneapolis, Minnesota. I write to ask that you please oppose the re-confirmation of Ben Bernanke for Federal Reserve Chairman. Bernanke has proven he cannot fulfill the Federal Reserve's dual mandate of price stability and full employment and thus has shown he is not qualified to serve a second term as Chairman. He has become a polarizing figure whose past is inextricably entangled with the financial crisis that grips our country.
Your esteemed colleague, Senator Russ Feingold, succinctly explains Bernanke's lack of qualification for the office:
"A chief responsibility of the Chairman of the Federal Reserve is to ensure a sound financial system. Under the watch of Ben Bernanke, the Federal Reserve permitted grossly irresponsible financial activities that led to the worst financial crisis since the Great Depression. Under Chairman Bernanke's watch predatory mortgage lending flourished, and 'too big to fail' financial giants were permitted to engage in activities that put our nation's economy at risk. And as it responds to the crisis it helped to usher in, the Federal Reserve under Chairman Bernanke's leadership continues to resist appropriate efforts to review that response, how taxpayers' money was being used, and whether it acted appropriately."
In the simple language of a lifelong Minnesotan: we should not give the keys back to the person who crashed the car.
Senator Franken, we need fresh faces and new ideas in government, which is why I supported you in the 2008 election.
Jobs and economic policy are critical issues to my family and to the voters of Minnesota. Please consider my request.
Tip of the hat to Snarf Snarf for the idea.