Obama to nominate Summers as Fed chief: Japan's Nikkei

Reuters ^ | 9/13/2013

[markomalley]

U.S. President Barack Obama will name former Treasury Secretary Lawrence Summers as chairman of the Federal Reserve Board, Japan's Nikkei newspaper said on Friday.

The newspaper, quoting unnamed sources, said in its original Japanese version that Obama was "in the final stages" and moving toward naming Summers.

The English-language version said the president "is set to" name Summers as early as late next week.

Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. The appointment must be approved by the Senate.

Reports in the New York Times and Washington Post earlier this month suggested Obama was strongly inclined to pick Summers.

[Gay State Conservative]

After seeing a “woman” like that my Dad used to say “how much does she charge to haunt a house?”

[whitedog57]

LOL!

And she has puppet mouth. And Summers has no relevant experience.

http://confoundedinterest.wordpress.com/2013/09/13/inside-job-obama-to-nominate-summers-as-fed-chair-despite-no-federal-reserve-experience-yellen-has-puppet-mouth/

[b4its2late]

Hahaha.... Perfect.

[uncommonsense]

"Obama has put the most moronic in all high level positions of the federal givernment that he controls.. ON PURPOSE..

Obvious to only a few people on earth (all here at FR and some communist leaders). The only opposition to this well educated dunce is based on him making supposedly misogynistic statements while at Ha-vaad.

[hinckley buzzard]

Does it really matter?

[VerySadAmerican]

He worked for Bush so he’s qualified to work for obama.

[caww]

[devolve]

.

- I am seeing Goldman-Sachs and JP Morgan Stanley pushed on Fox Financial Channel as “bond issues loom”

- Any thoughts on this sportsfans?
- Obama is killing investors

.

[bronxville]

I find it coincidental that Larry Summers is selected as fed chair at the same time he’s back within the Soros founded and backed International Crisis Group circle...
http://mediachecker.wordpress.com/2012/12/02/the-international-crisis-group-george-soros-mohammad-elbaradei-morton-abramowiz-mark-malloch-brown/

[hosepipe]

The rule of law is dead in this country. That's why I say Republicans should not assign funding for Obamacare for the next fiscal year. It won't matter anyway. Obama will fund it anyway regardless of what the law says. But at least Republicans will have taken the moral high ground instead of granting sanction to Obama's lawlessness as they have been doing now for the past 2½ years.
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the moral high ground in Washington D.C. is about sneaker high.. Florshiem high for re-pubicans...