Federal Reserve

Here's what Bernanke said that prompted Obama to say he'd headed the Fed long enough.

"The Federal Reserve is in damage-control mode. Last week’s announcement by Bernanke unilaterally scrapped the official unemployment rate target of the Federal Open Market Committee (FOMC), which sets monetary policy. I reported on this on June 25.
He raised the target from 6.5% to 7%. This indicated that the FOMC has decided that it could stop inflating earlier than previously reported. This is what Bernanke said: QE3 may “taper off” this year.
His announcement sank stock markets around the world. It created a panic-driven crisis based on the idea that the FOMC might stop the printing presses early."

Obama knows what's going on. They all know. They're destroying our economy on purpose. It sounds like Bernanke is feeling guilty.

"The FED’s regional leaders are dealing with Bernanke, who is clearly preparing for his departure on February 1. Bernanke is asserting his independence. Dudley and others are trying to put out the fires until he departs."

Since he isn't going to be re-appointed, he's trying to ease his conscience. This shows that the Fed is under political control, not independent as it claims, and that even Bernanke understands the damage he's doing.