THE RACE: Fed move lifts its political profile

Posted on 14 September 2012. Tags: , , , ,

President Barack Obama and first lady Michelle Obama are presented with the U.S. Olympic flag by Navy Veteran Brad Snyder, during a ceremony on the South Lawn of the White House in Washington, Friday, Sept. 14, 2012, welcoming the 2012 U.S. Olympic and Paralympic teams. (AP Photo/Pablo Martinez Monsivais)The Federal Reserve under Chairman Ben Bernanke is trying to help the economy by doing something President Barack Obama and Congress can't and which Mitt Romney opposes: electronically creating money, mostly out of thin air.




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