The Daily Caller

The Daily Caller
Republican presidential candidate former House Speaker Newt Gingrich directs his answer toward debate moderators John F. Harris, left, and Brian Williams during a Republican presidential candidate debate at the Reagan Library Wednesday, Sept. 7, 2011, in Simi Valley, Calif.  (AP Photo/Jae C. Hong) Republican presidential candidate former House Speaker Newt Gingrich directs his answer toward debate moderators John F. Harris, left, and Brian Williams during a Republican presidential candidate debate at the Reagan Library Wednesday, Sept. 7, 2011, in Simi Valley, Calif. (AP Photo/Jae C. Hong)  

Newt Gingrich in debate: I’d fire Ben Bernanke as fed chairman

Former House Speaker Newt Gingrich said he would fire Federal Reserve Chairman Ben Bernanke if elected president in 2012.

Gingrich made the comments Wednesday night during the GOP presidential debate at the Ronald Reagan Library in California when asked if he would reappoint Bernanke at the end of his term in 2014.

“I’d fire him tomorrow,” Gingrich said. “I think he’s been the most inflationary, dangerous and power-centered chairman of the Fed in the history of the Fed.”

Gingrich continued: “I think his policies have deepened the depression, lengthened the problems, increased the cost of gasoline and been a disaster.”

He also said “the fed should be audited.”

Likewise, when asked the same question, former Massachusetts Gov. Mitt Romney said he would be “looking for someone new” instead of reappointing Bernanke for another term setting monetary policy.

It’s been noted, however, that the president cannot actually fire the fed chairman.

  • Jim

    Well then have him assissinated

  • Peaches

    I agree with Newt.  And the comment that it’s too bad that he has so much baggage.  Newt is the smartest and most articulate guy in the room.  Newt is for real and I would trust any decision that he made as President.  He has the best ideas and gets to the root of the problem instead of addressing the “symptoms” that the media had rather us focus on.  That sleight of hand, so to speak, is how the public is distracted and manipulated.  Wake up folks and think for yourselves.  Ben Bernanke is not our friend.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.

  • http://www.facebook.com/people/Joseph-Dooley/9203055 Joseph Dooley

    The Federal Reserve is unaccountable for its failures. Newt is right. A free society does not wait with baited breath for the pump-priming whims of so-called experts.