Posted on 07/12/2013 3:12:35 AM PDT by expat_panama
In fact, Barack Obama "fired" the chairman of the Federal Reserve, Ben Bernanke, as he thanked him first for the great job all these years.
"This was really impressive. I nearly fell off my chair, when I heard the president's comment", said the former commander of the Federal Reserve, Larry Meyer for CNBC.
However, the question is who will take the reins of the world economy in such a critical period?
[snip]
(Excerpt) Read more at bg-daily-news.eu ...
Hard to say what Yellen would be like, but lately Obama’s had a habit of naming only Marxist GLTG types. Hope all the Bernanke bashers will be happy...
I have no idea what that web site is (I don’t click on strange links) but I think if Bernanke had been fired someone else would have mentioned it.
Bulgarian Daily News (honest! lol)
“I think if Bernanke had been fired someone else would have mentioned it.”
Bingo.
Given what Obama said he effectively did. He won’t be renominated and is now a lame duck.
Neither do I, but if it's on the internet it must be true...
Yellen is considered by many on Wall Street to be a "dove" (more concerned with unemployment than with inflation) and as such to be less likely to advocate Federal Reserve interest rate hikes, as compared, for example, to William Poole (former St. Louis Fed president) a "hawk".
Something really handy atm would be some direct link to Obama actually saying what everyone says he said. Nothing at http://www.whitehouse.gov/ though they tend to change things after the fact anyway. The bottom line I'm working with is--
--Bernanke's been there a long time and can't stay forever,
--Market's been unstable for several years now,
--overall trends have been recent positive for a few years and flat for a decade or so.
All in all this is a bit too 'interesting' for my tastes. Maybe this stuff will look better after my morning coffee...
Another senior female banker with all-white hair. I wonder if she’d set a trend were she to follow Ben.
He’s setting the stage.
During an interview with PBS’ Charlie Rose that aired Monday, Obama said Bernanke has “already stayed a lot longer than he wanted or he was supposed to.” Obama also said Bernanke has done “an outstanding job.”
Bennie and Janet are two birds of a feather... Not much change. QE to infinity and beyond!!!!!!!
I wish they would stop appointing Jews to head the FR such as Yellen and Bernanke and others like Alan (mumbles) Greenspan.... This only creates problems for the Jewish people. Only creates blame. (me being Jewish)
Is it too much to ask for a white Christian male to be appointed? Not gay either. No affirmative action doofuses.
I believe in QE beyond infinity, outward past all the galaxies in God’s good Creation
Looking at her resume there's good reason to believe that, except for the part of her having been Clinton's chief econ advisors. Make's me wonder if she's the one that had SlickWillie say "the era of big gov't's over" or is she the one that pushed Hillarycare and repeated vetos on welfare reform and balanced budgets.
Can’t be worse than CNN, MSNBC, etc.
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