Post: #1

http://www.nytimes.com/2013/10/09/busine....html?_r=0

Okay, granted she's quite decorated and qualified, though she's worked under Bernanke this entire time and will probably continue his inflationary tactics.

Still, it's a sobering thought, and the punditry in the media is hilarious.

Senator Brown (Ohio):

Quote:“Today is a historic moment for the Federal Reserve, for women everywhere and for all of us who care about job creation.”

Riiiigghhhhtt. Because THIS is the PERFECT time to be celebrating women's equality. What I'll never understand is if women really were equal, why the need to point it out in public theater like this? Why give constant recognition to their gender through needless back-patting? By all logic (I know, logic is just so pre-2000s) feminists should be offended by pointing out the new fed's gender. If she was really qualified, why should it matter?

From the comments:

Quote:Perhaps this woman will be able to start cleaning the mess that so many men has left in the financial house of this country.

Post: #2

When women dream of cleaning up the supposed messes men make, it is the day that men admit they refuse to be men.

Post: #3

(10-09-2013 03:22 PM)2Wycked Wrote:  When women dream of cleaning up the supposed messes men make, it is the day that men admit they refuse to be men.

The comment is technically accurate to be honest.

Key word being "perhaps".

Men created the world we live in. Including the current list of economic fuck ups. Got to take the bad with the good.

Post: #4

I was told she would do the same as Bernake. More low interest rates so the federal govt. can keep borrowing and wasting.

Post: #5

The Fed gets a lot of flack, but that's because they are in the almost impossible position of coming up with a monetary policy that works despite the insanity of fiscal policy that the government runs and the rigged game that is the current financial sector.

All things considered, Yellen is the right choice and Obama should have gone with him from the beginning. The Summers feint made Obama look weak at precisely the worst time for him to look weak.

Post: #6

Yellen is a more than qualified candidate. To anyone in the media that thinks it's because she's a woman, that's bullshit. She's data driven and doesn't have the partisan baggage, like Summers had. Male or female, anyone should say the same. I had a chance to meet Yellen last time I was out in D.C. and I think she'll do a fine job with all things considered.

Post: #7

I'm just gonna leave this here:

And this.

“For my own part I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened."
- Janet Yellen, 2010

Post: #8

(10-09-2013 04:24 PM)j r Wrote:  Yellen is the right choice and Obama should have gone with him from the beginning.

Yellen be a woman.



An ugly woman.

Wald

Post: #9

I'm reading an autobiographical book on Greenspan's time at the Fed from 1987-2006. Doesn't cover the Financial Crisis as it was published 2007.

Very interesting though.

Post: #10

Men dither while women lead in the world
By Hanna Rosin

http://www.cnn.com/2013/10/11/opinion/ro...index.html

Editor's note: Hanna Rosin is the author of "The End of Men: And the Rise of Women," now out in paperback.

This has not been a shining week for the patriarchy. The men in suits dither, posture, plan negotiation sessions and then cancel them, and employ copious military metaphors -- "wage battle," "refuse to surrender" -- to no effect. Increasingly they become associated in the minds of the American people with verbs normally used to describe toddlers, such as "tantrum" or "throw a fit."

Competence, meanwhile belongs to the women, particularly in the usually macho world of global finance. Over in Europe, Merkel was re-elected on the basis of her deft handling of the eurozone crisis, and in the United States, monetary policy was entrusted to Yellen. Making the victory extra sweet for women, she was chosen instead of Lawrence Summers, who will forever be remembered for saying women aren't that good at math

Perhaps this will be remembered as the week when everything shifted, when we realized that leaving groups of men in charge of global decisions and of facing down terrorists is not a good idea, and we'd better calmly hand the reins over to the women.

"So when it's messy, you get the women in. But when the mess is sorted," she added, "keep the women."

Post: #11

(10-09-2013 03:22 PM)2Wycked Wrote:  When women dream of cleaning up the supposed messes men make, it is the day that men admit they refuse to be men.

Here's the only mess women should concern themselves with

Post: #12

I don't think that she will be less able to solve this than Bernanke nor that she got the post on the basis of being a woman, but I am thoroughly disgusted by the standard female supremacist bullshit that follows this. We all know what would happen if someone claimed that men were superior economists or better at managing their money than women.

Post: #13

Yellen actually has the best track record over the last several years of predicting economic indicators and macroeconomic responses to policy. I forget where I saw it cited, but a source I remember as reputable listed a statistical "scorecard" of all the Fed chair candidates' statements and district policies for the last decade or so and Yellen was the most accurate.

She's the best candidate regardless of what's between her legs. And that's why "we still need feminism:" because feminism was supposed to get us there without the bullshit crowing of how great it is that a woman was picked to do the job. In short, feminism has failed feminist objectives.

Post: #14

Not only is she a woman .....

she{s an ashkenazi jew as well.....

why are all the Fed heads all Jews ??? There seems to be active discrimination against Gentiles who are what ??? 97% of the population or more ?

the real question is can one lead the Fed without being a memebr of the tribe ????

Post: #15

Her mistakes will be concealed, and anything good that happens to the US economy will be entirely attributed to her.

Post: #16

I hope your economy fails miserably then Hanna Rosin can stick all the copies of the book up her ass and down her mouth to shut her stupid ass up.

Me visiting tomorrow and spending my millions obviously isnt going to help the above.

Post: #17

(10-12-2013 05:23 PM)bojangles Wrote:  I hope your economy fails miserably then Hanna Rosin can stick all the copies of the book up her ass and down her mouth to shut her stupid ass up.

Me visiting tomorrow and spending my millions obviously isnt going to help the above.

The economy has already failed and we just have built in lags that prevent us from realizing it yet.

Post: #18

It's too bad Larry Summers got dropped. Off all the economists out there doing the politics game, he's probably the most qualified and not afraid of speaking his mind, which is an absolute necessity as the head of the Fed. You can't be afraid of anyone as Fed Chair.

Post: #19

(10-09-2013 03:18 PM)thedude3737 Wrote:  

Quote:Perhaps this woman will be able to start cleaning the mess that so many men has left in the financial house of this country.

Funny, Mary Schapiro and Mary Jo White have done jack shit to clean up Wall St shenanigans. Not that ANY SEC commissioner has every done anything to the advantage of "the people" rather than Wall St, but still...lol

Post: #20

(10-12-2013 06:20 PM)Pyre Wrote:  It's too bad Larry Summers got dropped. Off all the economists out there doing the politics game, he's probably the most qualified and not afraid of speaking his mind, which is an absolute necessity as the head of the Fed. You can't be afraid of anyone as Fed Chair.

That's who Obama wanted first, but all the womyns got their large panties in a wad because Summers said that one time that women aren't as good at math (which was based on many empirical studies). Womyn's easily hurt feelings about facts are more important than the US and world economies.

http://articles.washingtonpost.com/2013-...al-reserve

Quote:Lawrence H. Summers, the former Treasury secretary and senior White House economic adviser, has withdrawn as a candidate for Federal Reserve chairman in a startling development that raises urgent questions about who will lead the central bank when Chairman Ben S. Bernanke steps down in four months.

Summers withdrew after an intense uproar among liberal Democrats, women’s groups and other advocacy organizations against his potential nomination — a highly unusual assault on the candidate who President Obama favored for the job.

While president of Harvard University in 2005, he also sparked controversy for his comments on women’s aptitude in math and science.

I wonder if it's controversial to say that water is wet?

Post: #21

her husband is a nobel prize winning economist

Post: #22

(10-12-2013 05:00 PM)kdolo Wrote:  she{s an ashkenazi jew as well.....

why are all the Fed heads all Jews ??? There seems to be active discrimination against Gentiles who are what ??? 97% of the population or more ?

It's not just The Fed, it is the World Bank, The IMF, European Central Banks, etc. They're all run by jews. There is not denying it.

Imo, being Red Pill mean seeing the world for what it is, and finance is dominated by jews. It is not anti-semittic and it is not conspiracy theory, it is simple fact.

The question is, what do the jews want with their power?

Unfortunately, the founding names of feminism are also all almost exclusively jewish.

Post: #23

(10-13-2013 07:24 AM)scandibro Wrote:  

(10-12-2013 05:00 PM)kdolo Wrote:  she{s an ashkenazi jew as well.....

why are all the Fed heads all Jews ??? There seems to be active discrimination against Gentiles who are what ??? 97% of the population or more ?

It's not just The Fed, it is the World Bank, The IMF, European Central Banks, etc. They're all run by jews. There is not denying it.

The IMF and the ECB are run by Christine Lagarde and Mario Draghi respectively, both Roman Catholics. And the president of the World Bank is Jim Kim, a Korean-American.

Post: #24

There are a lot of Jews in finance and media, but the Jews are not necessarily united.

Post: #25

(10-13-2013 02:25 PM)Samseau Wrote:  There are a lot of Jews in finance and media, but the Jews are not necessarily united.

Nope, trust me I am not on the NWO jewish overlord conspiracy.

However, if I see jews dominating in media, finance and to a lesser degree politics, then I am not going to be intellectually dishonest and label it a coincidence or just claim it is because they work hard.

There IS something called jewish culture, jewish nepotism, jewish superiority feeling etc.

Of course, this is not saying that the jews are united or conspiring, but that there certainly is favoritism and a tribe mentality among some jews, which also shows in their preference for jewish partners exclusively.

The above does not bother me at all, but it does bother me when many jews seem to want to breakdown christian culture, racial unity in Europe, traditional gender roles etc, while at the same time being very traditional themselves.

And jews have been overrepresented in marxism, feminism, multiculturalism and the pro-gay movement.

My personal opinion is that jewish culture unfortunately have been very much solidified as being an anti-culture. Which is understandable, but then it makes a lot more sense why there does seem to be some animosity deep below the surface, maybe even almost instinctual, against what is seen as established western culture, because that culture hasn't been too good for the jews.