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Whom would Obama appoint to the Fed?

 
waht
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User ID: 24118278
United States
10/08/2012 04:22 PM
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Whom would Obama appoint to the Fed?
Whoever is inaugurated as president Jan. 20 will, in the first year of his term, face a decision that will have a greater impact on the economy than any other single call he will make: Whom to select as chairman of the Federal Reserve.

Ben S. Bernanke’s term ends Jan. 31, 2014, about a year after the president takes office; if the past is a guide, and given the sluggishness of the Senate confirmation process, a nomination should happen by Labor Day.

That leaves a potential vacancy in a job that has become all the more difficult during Bernanke’s time in office. The Fed chairman has always been powerful, controlling the levers of the nation’s monetary policy. But now, since the Dodd-Frank legislation passed in 2010, the Fed and its leader have even more explicit power and responsibility to address risks in financial system and try to lessen the damage from future crises.

Read more: [link to www.washingtonpost.com]
Billy_Sastard

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10/08/2012 04:24 PM
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Re: Whom would Obama appoint to the Fed?
Regardless of who is appointed, that person will be just another puppet and NOTHING WILL CHANGE...
It is, to me, sad how fast people forget the FOUNDATIONS of our fine country! This country was built by an armed population capable of fending for themselves, and will be lost by couches full of potato-sheeple riding their 52" HD-LEDTV's into the orwellian sunset. :(
:abomb::abomb::abomb:
BRING ON THE DOOM!!!
Anonymous Coward
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10/08/2012 08:03 PM
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Re: Whom would Obama appoint to the Fed?
whoever donate the most to his campaign chest....
Anonymous Coward
User ID: 19054218
United States
10/08/2012 08:21 PM
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Re: Whom would Obama appoint to the Fed?
I would suggest that he appoint Ron Paul.
ar-15 nut

User ID: 1281306
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10/08/2012 08:25 PM

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Re: Whom would Obama appoint to the Fed?
I would suggest that he appoint Ron Paul.
 Quoting: Anonymous Coward 19054218


ohyeahand end the fed
A pissed off American veteran!

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