Bush ready to name next Fed chief

[dubyaD40web]

Bush ready to name next Fed chief
Administration official says announcement set for 1 p.m. ET

MSNBC staff and news service reports
Updated: 10:56 a.m. ET Oct. 24, 2005
President Bush is poised to name who he wants to replace Federal Reserve Chairman Alan Greenspan. An announcement is expected at 1 p.m. ET, according to an administration official.

Greenspan’s 18-year tenure at the Fed runs out on Jan. 31. Although he could stay longer if a successor is not in place, the Fed chief has signaled he prefers to leave on time.

Three potential candidates are regularly mentioned for the Fed chairman job: Glenn Hubbard, a past adviser to Bush; Harvard economist Martin Feldstein; and Fed governor-turned White House adviser Ben Bernanke.

http://www.msnbc.msn.com/id/9803463/

[afdip]

1. the envelope, please . . . and the winner is

harriet miers, oops, no, i meant.............

[Bernardo de La Paz]

5. ... his Personal Accountant.

[LuckyTheDog]

BROWNIE! (nt)

[Bernardo de La Paz]

2. The Amazing thing is they could have announced After the Indictments.

[Dawgs]

3. Any reason not to think it will be another crony?

x(

[MarsThe Cat]

6. well, kkkarl's going to be available real soon...

nt

[driver8]

12. kkkarl would be perfect...especially since he doesn't know anything

about the economy. In shrub's eyes, he must be a perfect candidate.

[William769]

4. Harriet Miers?

[Benhurst]

7. And the winner is ...

Kenny Boy Lay!

[VegasWolf]

8. Bill Bennet's bookie? nt

[Capn Sunshine]

9. It looks like Bernacke

partisan hack , IMO. We'll see if Bush will actually kill the final attempts of the markets to overcome his looting and ham handed incompetence.

[Zynx]

10. And it's.....MICHAEL BROWN!

Come on down! You get another crony appointment!

[sabra]

11. Update: Bush expected to name Bernanke next Fed chief

http://www.msnbc.msn.com/id/9803463/

Bush expected to name Bernanke next Fed chief
Administration official says announcement set for 1 p.m. ET

President Bush is poised to name Ben Bernanke, chairman of his Council of Economic Advisers, to succeed Federal Reserve Chairman Alan Greenspan, Reuters reported Monday. An announcement is expected at 1 p.m. ET, according to an administration official.

Greenspan’s 18-year tenure at the Fed runs out on Jan. 31. Although he could stay longer if a successor is not in place, the Fed chief has signaled he prefers to leave on time.

Three potential candidates are regularly mentioned for the Fed chairman job: Glenn Hubbard, a past adviser to Bush; Harvard economist Martin Feldstein; and Fed governor-turned White House adviser Ben Bernanke.

[Zynx]

13. I suppose he could have done worse.

[leftofthedial]

14. my money is on the kid who ran the lemonade stand in Midland

down on the corner when the bushturd was "growing up."

"I've known Wilbur for five decades and he hasn't changed at all. I've looked into his soul."

[napi21]

15. Does a new Pres have the ability to fire one and name a new one?

I alway thought they could, but Greenspan has been there sooo long, I thought I might be wrong.

[MarsThe Cat]

19. he's not being fired-

his term is ending, and he doesn't want to be re-appointed again.

[Bumblebee]

16. he does not get it, does he?

wonder how the markets will react...

[MarsThe Cat]

20. doesn't get what?

markets react to what?

Greenspan stepping down this time isn't a secret, or new news, and it really isn't *'s doing.

[Captain Hilts]

17. Feldstein worries about the income gap

He said so on the Diane Rhem show.

[terrya]

18. The winner is: Grover Norquist!

I seriously wouldn't be surprised, given the appointments our Asshole-in-Chief has made over the past 5 years.

[Skinner]

21. Looks like its gonna be Bernanke

Continue discussion here:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=1873194&mesg_id=1873194