#1 Yellen likely to succeed Bernanke07-28-2013, 10:26 PM
Paul Davidson, USA TODAY 6:25 p.m. EDT July 28, 2013
President Obama will pick the first woman to head the Federal Reserve ó one of the world's most powerful jobs -- over a veteran Washington insider, economists surveyed by USA TODAY predict.
Thirty-two economists said they expect Fed Vice Chair Janet Yellen to succeed Ben Bernanke as chairman next year. Four predicted Obama will nominate Larry Summers, his former economic adviser and President Clinton's Treasury secretary.
The survey was done last week amid a flurry of media reports suggesting that the field was narrowing to a choice between Yellen and Summers or that Summers was the front-runner.
A trojan horse hides its intent and Obama hasnít we hid our understanding.
07-28-2013, 10:28 PM
Is that his mother?
:Do not take life too seriously. You will never get out of it alive.
Ē I wondered why the rock was getting larger. Then it hit me.
07-29-2013, 10:02 AM
- Join Date
- May 2008
- Northern Virginia
Bachelor's from Brown, PhD. from Yale, teaching positions at Harvard and the London School of Economics, Head of the Federal Reserve Bank of San Francisco, Vice-Chair of the Federal Reserve System..... and all that matters is her looks. Got it."Today, [the American voter] chooses his rulers as he buys bootleg whiskey, never knowing precisely what he is getting, only certain that it is not what it pretends to be." - H.L. Mencken
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