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Did Obama Just Appoint Himself Fed Chair?

Thursday, September 5, 2013 - 2:17 PM
 
Amid the G-20 headlines ("nobody mention the war"), leaders are proudly commenting on the global co-ordination on growth and tackling joblessness (and group hugs), but it was President Obama's comments that raised a few eyebrows:

  • *OBAMA TOLD G-20 STIMULUS WILL BE WITHDRAWN GRADUALLY: RUSSIA
It would seem, the President has decided the decision to taper - gradually - will be his, which is odd, because - as if one needed reminding - the decision is not his to make (unless he decided to nominate himself for Fed chair?).

 

Did Obama Just Appoint Himself Fed Chair? | Zero Hedge

 

 

 
4
MikeMike327 posts since
Feb 22, 2010
Rep Points: 875
1. Thursday, September 5, 2013 - 4:02 PM
Well this is giving fodder to those who already think we have a "dictator" instead of a president in Washington.  It seems to Pres. Obama rules are for others to follow and he has no concern for the way the government "used" to be run.  Well, I do hope he is making the right decision.  Time will tell.
3
paoli2paoli21,146 posts since
Aug 10, 2011
Rep Points: 5,115
2. Thursday, September 5, 2013 - 4:22 PM
I do believe that he was quoting the fed chair. But even if he wasn't does anyone think that it would not be gradually and instead be all at once. Where is common sense here? 
3
AllyAlly785 posts since
Jan 16, 2010
Rep Points: 2,281
3. Thursday, September 5, 2013 - 4:27 PM
Looks like this was a blogger's comments. Would like to see the speech instead of a posting by a blogger.  Then you see Peter Schiff and Marc Faber's name nothing else need to be said.
1
AllyAlly785 posts since
Jan 16, 2010
Rep Points: 2,281
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