Quote from gnome:
Paulson does NOTHING without Bush's approval.
Paulson is little more than an "Administration mouthpiece".
(Whenever Bush want's to say something which might be controversial or even down-right stupid, he has Paulson say it.)
Quote from Mecro:
Uhm, what? Ever read how the Fed board is structured?
No, he is the Fed's mouthpiece and front figure. Mostly a puppet and the fall guy.
I'm sorry, but you have no idea what you are talking about.
Quote from gnome:
You are SO FULL OF IT!
The President appoints the position, not the Fed.