Head of Fed chokes on own line of....
Sept 25, 2015 13:22:11 GMT -6
Nugget, 727sky, and 3 more like this
Post by Deleted on Sept 25, 2015 13:22:11 GMT -6
Oh... I suppose I am happy she didn't drop and keel over right there for the audience, as a fellow human being, and only because we share that. Her line of work ALMOST negates that humanity for consideration....but I guess..not 100%.
Still, I'll take a huge risk of the P.C. Police Politically correcting me, when I say I had to laugh when reading this. All I could think of was...even she can't say the garbage without choking on it anymore, and that is rather disturbing!
Appointed by the President, and confirmed by the Senate. Just like any Executive Cabinet position at the White House, in that way. One key difference, of course, is that the Heads of the Fed serve 14 year terms, and 4 year terms as Chair/Vice at a time, as one of the longest terms for a revolving office that I am aware of.
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I know I should feel bad, seeing another person in distress..but in this one case, I just can't muster it. The puppeteer with the strings for the flow of funny money, system wide, can't manage to get our her own nonsense....and they couldn't manage to actually appoint someone in robust health, as seems clear on a side note.
Either of those is a major problem, and being a little of both, as I imagine it actually is? Oh...this is certainly the way for the Fed to spread confidence ....like the black plague or something.
** Federal Reserve Board Terms of Office:
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Perhaps choosing someone for qualification and health to survive the term of service as FIRST priority and whatever got her in there as a distant second..would be a decent way to approach the most powerful non-elected person in the Western World. Outside of those with Military command/authority, I think that is an accurate statement about that office, too.
Still, I'll take a huge risk of the P.C. Police Politically correcting me, when I say I had to laugh when reading this. All I could think of was...even she can't say the garbage without choking on it anymore, and that is rather disturbing!
Fed Chairwoman Janet Yellen gave a scare Thursday while giving a speech on monetary policy and inflation at the University of Massachusetts at Amherst.
Appointed by the President, and confirmed by the Senate. Just like any Executive Cabinet position at the White House, in that way. One key difference, of course, is that the Heads of the Fed serve 14 year terms, and 4 year terms as Chair/Vice at a time, as one of the longest terms for a revolving office that I am aware of.
She paused several times to cough before saying she would stop.
"If the economy surprises us, our judgments about appropriate monetary policy will change," she said. "Let me stop there. Thank you."
"If the economy surprises us, our judgments about appropriate monetary policy will change," she said. "Let me stop there. Thank you."
I know I should feel bad, seeing another person in distress..but in this one case, I just can't muster it. The puppeteer with the strings for the flow of funny money, system wide, can't manage to get our her own nonsense....and they couldn't manage to actually appoint someone in robust health, as seems clear on a side note.
Either of those is a major problem, and being a little of both, as I imagine it actually is? Oh...this is certainly the way for the Fed to spread confidence ....like the black plague or something.
** Federal Reserve Board Terms of Office:
The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. A full term is fourteen years. One term begins every two years, on February 1 of even-numbered years. A member who serves a full term may not be reappointed. A member who completes an unexpired portion of a term may be reappointed. All terms end on their statutory date regardless of the date on which the member is sworn into office.
The Chairman and the Vice Chairman of the Board are named by the President from among the members and are confirmed by the Senate. They serve a term of four years. A member's term on the Board is not affected by his or her status as Chairman or Vice Chairman.
The Chairman and the Vice Chairman of the Board are named by the President from among the members and are confirmed by the Senate. They serve a term of four years. A member's term on the Board is not affected by his or her status as Chairman or Vice Chairman.
Perhaps choosing someone for qualification and health to survive the term of service as FIRST priority and whatever got her in there as a distant second..would be a decent way to approach the most powerful non-elected person in the Western World. Outside of those with Military command/authority, I think that is an accurate statement about that office, too.