Janet Yellen to be named Fed chair on Wednesday: White House

cnbc.com ^ | 10/8/13

[Nachum]

After months of speculation, it's official: Janet Yellen will be the next chair of the Federal Reserve, succeeding Ben Bernanke, the White House said late Tuesday.

President Obama will make the announcement on Wednesday at 3pm ET, the White House said. Both Janet Yellen and current Fed chair Ben Bernanke are expected to attend. That announcement will be right after the Fed releases the minutes from its last meeting, due out at 2pm ET.

[gov_bean_ counter]

If McConnell had half a sack he’d hold this up until hell froze over.

[ladyjane]

So how did she get to be an assistant professor at Berkeley if she had been an assistant professor at Harvard already for 5 years? Very strange.

[jacob allen]

The Late, Great, Middle Class is gone!! Germany 1923

[familyop]

"Nice. Another person who has never worked in the private sector regulating the private sector."

She probably has plenty of experience in shopping, though.

[familyop]

Maybe we’ll see billion dollar bills before long.

[oxcart]

Shouldn’t this be in front page, extended news?

[Skepolitic]

Negative interest rates mean putting off retirement until forever, and Yellen favors negative nominal interest rates. Ben just had negative real rates.

[conservaKate]

Feel free to call me an idiot...but I have no idea what ethnic neuroticism even means. And I have less of a clue on how I would realize that’s what was meant by asking if Yellen was a Jew. But then, I’m a self admitted idiot. / s

[blackdog]

Berkley product.

[DH]

Your answer lies in post #19.

[Varsity Flight]

“QE to infinity and beyond!!!!”

Nope: big time leveraging of ExtortionCare transfering the Fed MBS buying right onto the backs of real working legal citizens.

[Zakeet]

[RetiredTexasVet]

From what I’ve read about her she is just another NWO whore.

[Milton Miteybad]

On the plus side, however...Ms. Yellen does appear to be at least nominally heterosexual. As opposed to Elena Kagan, who was nominated to the Supreme Court primarily because she is a lesbian.

Granted...a person's sexuality is a very poor criterion upon which to base their nomination to a public office...but Barry the Boob doesn't seem to have much more in the intellectual hopper.

[Nachum]

Is Obama Gay?

http://www.nachumlist.com/gay.htm

[Mamzelle]

Hating one’s self is absolutely neurotic. If you don’t agree, I guess you should stop reading now. You don’t have to look much farther than the media to see Jews that hate Israel and Judaism. Think jon Stewart. They do like the cuteness of being of Jewish ancestry and being a snide atheist. That’s just the first example that comes to mind.