The Man Who Would Be Fed Chairman

NBR talks with William Dudley, President of the NY Fed, Nov. 17, 2012.

Dudley auditions for the role of Fed Chairman.

First, Bernanke actually has to leave.  He has told friends he won't seek a third term in 2014, but consider us skeptical until we see the door hit him in the a$$.

Second, Larry Summers wants the job.

Third, William Cohan writes today that Tim Geithner might be interested in replacing Bernanke after missing out on the cushy gig as President of Dartmouth, his alma mater.

Comments

[LadyLiberty]

Not according to bloomberg and who better to continue screwing those who did the right thing and the elderly then a tax cheat

Smart Money Says Geithner Will Replace Ben -

http://www.bloomberg.com/news/2012-12-16/smart-money-is-on-geithner-to-replace-bernanke.html

How Ben's Inflation Has Made Bank Robbers Idiots

http://thebillfold.com/2012/05/only-an-idiot-would-rob-bank-inflation/

We've Been "ZIRPed" By A Frightened Fed

http://www.weeklystandard.com/articles/we-ve-been-zirped_666600.html

Printing Our Way Out of Debt

http://www.weeklystandard.com/blogs/printing-our-way-out-debt_666577.html

The Fed Has Tried Its New Policy Before

http://www.realclearmarkets.com/articles/2012/12/17/the_fed_has_tried_its_new_policy_before_100048.html

Cure for Economic Slumps Seen in Raising Rates: Cutting Research

http://www.bloomberg.com/news/2012-11-23/cure-for-economic-slumps-seen-in-raising-rates-cutting-research.html

Moody’s Gets No Respect as Bonds Shun 56% of Country Ratings


http://www.bloomberg.com/news/2012-12-16/moody-s-getting-no-respect-as-bonds-shun-56-of-country-ratings.html

Flashback

Negative Reviews for Warren Buffett's Defense of Moody's to Crisis Commission

http://www.cnbc.com/id/37498773/Negative_Reviews_for_Warren_Buffett_s_Defense_of_Moody_s_to_Crisis_Commission

Crony Capitalism in action

Buffett, Soros Join List of Billionaires Calling for Tax Hikes They Won't Pay [VIDEO]

http://www.minyanville.com/special-features/minyanville-press/articles/Buffett-Soros-Join-List-of-Billionaires/12/14/2012/id/46686

Obama Sandy aid bill filled with holiday goodies unrelated to storm damage

http://www.nypost.com/p/news/national/little_help_here_1kW6aQ8fElj4CKwbheEV0N

We already have Depression level unemployment nice to see the mainstream news finally reporting the truth

http://www.forbes.com/sites/peterferrara/2012/12/16/under-obamanomics-america-stumbles-into-another-recession/

The great sucking sound continues

US trade deficit grows to $42.2B because of fewer exports; deficit with China hits record high

http://articles.washingtonpost.com/2012-12-11/business/35767553_1_trade-deficit-exports-and-imports-trade-surplus

[DailyBail]

Summers Opposed as Fed Chairman by Almost 50% in Survey

http://www.bloomberg.com/news/2012-11-30/summers-opposed-as-fed-chairman-by-almost-50-in-survey.html

[Norman]

Listening to this guy, oh boy, what a crock of crap. Yes, the Fed can do more, that is to screw the taxpayer, but what they need to do, they won't. Chop the TBTF into smaller pieces, raise their reserves to at least 25-40 %, then perhaps they won't gamble, but if they do, put them in jail. until they prove they are innocent and no taxpayers are hurt.

[ohboy]

Can this guy's rapid eye blinking be even more evident of lying? look it up folks!

[Superman]

The air date should be 11/17/11.

[DailyBail]

You are right. Good catch.