Moral Hazard...

[PohPoh]

It's everywhere..
not that anything has changed...

But it extends now from the lowest people on the economics chain to the highest...

When will we have the courage of a Volker to step in and fix this major dilemma?

Can the new Democrap President elect assign a new Fed Chair?

 

[gnome]

Quote from PohPoh:

"... When will we have the courage of a Volker to step in and fix this major dilemma?

Can the new Democrap President elect assign a new Fed Chair?

No courage will be shown by next admin, regardless of who wins. I doubt the Fed chairman would ever be replaced before the end of his term... would probably cause the markets to panic due to the lack of confidence shown.

 

[PohPoh]

when does B52 Ben's term run out of gas??
Isn't it the perogative of the new admin to dump him if they want??

 

[digitalMan]

Hmmmm

 

[Brandonf]

Quote from PohPoh:


Isn't it the perogative of the new admin to dump him if they want??

I dont think so, its supposed to be a non political office free from the president and the congress' bitching, moaning and medling.

 

[TheDudeofLife]

Quote from digitalMan:

Hmmmm

Best first post ever....welcome...

 

[PohPoh]

Quote from digitalMan:

Hmmmm

hoooooo...