Sunday, September 15, 2013

Breaking news! It looks like Larry Summers is out as possible Fed Chair.

This opens up the slot for the Democrat's favorite choice Janet Yellen, who most agree is far more qualified.

Here is the one sentence explanation for why Yellen is the best choice for the job:

Not that Yellen can predict the twists and turns of the economy with perfect clarity — nobody can — but rather she has consistently shown a deep early understanding of the underlying pressures building in the economy and the scale of their potential consequences. 

I don't really have a dog in this fight but I have paid pretty close attention to what those in the know have to say, and it seems that Janet Yellen has a set of qualities which might serve her very well in the job.

For a list of those click this Washington Post article, which also goes on to explain why some in the Obama administration might be wary of choosing her.

14 comments:

  1. Anonymous1:24 PM

    After watching the documentary, Inside Job, it is absolutely shocking that this guy isn't in federal prison. It sickens me that he was even considered in the first place.

    If you get a chance, watch the documentary.

    ReplyDelete
    Replies
    1. Ailsa1:32 PM

      Me too. I am very relieved.

      Delete
    2. What he/she said.

      Delete
    3. HALLELUJAH ! ! !

      Now, confirm Yellen.

      Delete
  2. Anonymous1:39 PM

    O/T. I am truly sickened by this.

    Over at C4P they are egging each other on; they have re-labeled the Firefighters image from 9/11 as the Spirit of Sarah, etc and are encouraging each other to use it as their little ID photo.

    Guess the moral here is to stay off C4P; I have always considered it 'opposition research' and necessary as an informed citizen.

    Aurora

    ReplyDelete
    Replies
    1. Ailsa1:59 PM

      They think they're so big and brave. SUE ME TOO!

      They need to pretend they're conquering heroes so they don't have to face up to their fear about absolutely everything.

      Delete
    2. Anonymous2:57 PM

      Let 'em. They ARE skeeered of their own damn shadow over there and worship at the altar of Esther and ghost of Breitbart. Has the money bomb started for legal fees?

      Delete
    3. Anonymous5:12 PM

      If I were really motivated, I'd report each use of the image to the company that is hosting it, because they are breaking the TOS by knowingly using someone else's copyrighted imaged. For example, if C4P members upload their avatars to the C4p's own web server, the company the image copyright owner should contact would be Godaddy, because Godaddy is the c4P host. If forum members are responsible for hosting their own avatar, you would just have to right click on the image to get the image info, including where it is hosted. If it's somebody like Photobucket, then PB could be notified. I'm too lazy to do it myself but just putting this out there in case anybody else wants to follow up on it.

      Delete
    4. Anonymous5:35 PM

      At least one "tried" to explain copyright laws to them and was pounced on for disloyalty. What a crock they are....and they still think that skank is running in '16. Maroons!

      Delete
    5. Anonymous7:45 PM

      A copy of the actual filing:
      https://app.box.com/s/0wvse9ci5o2nfcfdlvds

      Kinda great to see someone slap her back!

      Delete
  3. Yayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

    ReplyDelete
  4. The media - as usual - kept saying the President was going to nominate Summers - yet the President has consistently said he has not decided who to nominate. Now the media will decide who they think he "should" nominate. Does the media EVER give this President time to evaluate and decide - without the malarkey - the nominations it is his job to make.

    One day - hell will freeze over - and the media will admit - they have NOT a clue - nor any valid political savvy.

    ReplyDelete
  5. Anita Winecooler5:51 PM

    Bernie Sanders chimes in:

    http://www.politicususa.com/2013/09/15/bernie-sanders-larry-summers-door-hit-backside.html

    ReplyDelete
  6. LOL. I guess Larry isn't so stupid after all. He knows the last thing he needs is the spotlight put on him during a confirmation.

    I'm glad he's out of the running.

    Now we only need to see how Obama screws up this nomination by passing over Yellen and choosing some right wing lackey of the corporate puppetmasters.

    ReplyDelete

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