Obama to re-appoint Bernanke
This from the Wall Street Journal’s David Wessel:
President Barack Obama will announce Tuesday that he is nominating Ben Bernanke for a second four-year term as chairman of the Federal Reserve, White House Chief of Staff Rahm Emanuel said.
No Larry Summers, no Janet Yellen. Bernanke gets another four years.
God help the USA. Actually, it’s not like obama would have chosen a different ‘direction’ anyway…who am I kidding?