The Fill ‘er up Fed

Posted by Al Lewis on March 25, 2011
Economy

Atlanta Federal Reserve Bank President Dennis Lockhart set the record straight today: “Contrary to popular opinion, Federal Reserve officials do actually eat and fill up their gas tanks.”

And here I thought Fed officials were cyborgs controlled by the global banking industry, only needing an occasional battery charge.

Lockhart’s comments came in response to concerns about inflation, which the Fed still counts as low, despite rising gasoline and food prices that are actually fomenting riots in other countries. Click here to read more.

You’d think someone who’d risen to the level of a Fed president would have people to put gas in their cars for them. I respect a man who goes to the self-serve pump and fills his own tank. But somehow I just can’t imagine Ben Bernanke and Co. doing it.