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  • The Over Correction: Bush's Fed Blunder

    10/24/2005 9:38:24 AM PDT · by faithincowboys · 115 replies · 2,611+ views
    The White House, keen to correct itself after Miers, has nominated an uber-intellectual, no practical experience egghead who is expected to adopt European style (read no growth) monetary policy. Was Larry Kudlow busy? Why can't this White House nominate a Reaganite to any position? These links from the BBC are helpful.... http://news.bbc.co.uk/2/hi/business/4372562.stm Here's an excerpt: The front runner The current front runner to succeed Mr Greenspan is Ben Bernanke, a Princeton economist who was appointed chairman of the council of economic advisors in June, and is therefore the government's chief economic advisor. BERNARD BERNANKE Current job: Chairman, Council of Economic...