I just heard over the news that Pres. Obama is planning on announcing Janet Yellen to replace Bernanke as the first woman Fed Chairwoman. It seems his choice was made by pressure from others to select a "woman" this time. This kind of irritates me because whether or not she is the best one for the job should be the criteria not her sex. It seems she plans on following the precepts of Bernanke (which we already expected) so it looks like low saver's rates will still be with us. It never gets boring, that's for sure.
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