I thought we would  repost short article for our friends.  This comes from Economix, New York Times March 2nd , 2011 Reporting on Ben Bernacke hearing to Senate Finance Committee.

Bernanke for Early Childhood Education?
By CATHERINE RAMPELL

Traditionally, Federal Reserve chairmen have generally avoided wading into fiscal
policy matters, in order to help preserve the independence of the Fed. The Fed,
after all, sets monetary policy, and it doesn t want politicians sticking their noses into
interest rates either. My how times have changed. On Wednesday, the Fed chairman,
Ben S. Bernanke, not only gave an entire speech about the spending and taxation
challenges facing local governments but explicitly advocated against cuts to education spending: Read the rest of this entry »