Monday, September 16, 2013

Obama's Choice For Fed Chairman Now That Summer's Has Stepped Aside

Discussion all over the media this morning since Larry Summers removed himself from consideration for
the job of Chairman of the Federal Reserve replacing Helicopter Ben in January. Speculation about Yellen, Kohn, Ferguson, and Geithner is all wasted effort. The notion that Obama is restling with this decision is
farcical. Obama will do what he always does. He will await private polling results and choose the candidate that most likely to improve Obama's own popularity. Image is everything, in fact the only thing in this
administration. Once his polls come in Obama will eloquently explain how this was his choice all along and this is the best nominee ever in the history of the Fed.

ADDED
Never much of a Summers fan but he has won me over in this you tube video:

http://www.youtube.com/watch?v=RGcfVjNzf6c


No comments: