Time to Wildly Speculate Over Who Will be the Next Vice Chair at the Fed




Um, you didn't have anything better to do, did you?

Business Week:

The search to fill vacancies at the Federal Reserve is being led by President Barack Obama’s Treasury secretary and chief economic adviser, indicating Chairman Ben S. Bernanke will get support for his policies as he tries to support growth while withdrawing monetary stimulus.

Of course, every great villain needs a sidekick to ride bitch.

Possible Kohn successors, according to Fed watchers and former officials, include Fed Governor Daniel Tarullo, 57, who’s backed tougher bank regulation; Christina Romer, 51, an architect of the administration’s 2009 fiscal stimulus; and San Francisco Fed President Janet Yellen, 63, one of the central bank’s top advocates of lower interest rates.

Fedwatchers need to get their shit together; Romer and Yellen were possible successors for Bernanke too. It's not even worth me freaking out over the mention of Janet Yellen at this point, there is no way even Tim Geithner is that insane.

Right?

So? It's too early for me to make a guess, I'm trying to channel my inner money-printing maniac to see what the stars have to say. 

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.

23 comments:

Anonymous said...

Romer always appears so happy and shit when I see her on the tube... She always looks like she just got finished making a pot roast with mashed potatoes and gravy with a pie and ice cream for dessert. A happy, Campbell Soup Kid looking character. I wish she were my mom.

Jeff

Anonymous said...

my mom

not to be confused with Karen Romer


that's Karen not Christina

Anonymous said...

good thing Karen's not my mom... I don't want me no Caligula type dream/nightmares.

Jeff

cjn said...

Harriet Miers

Come on, why aren't we starting the JDA for Fed Vice Chair campaign??

I'd be perfect. I'm unstable, money-hungry, and really sneaky. It's a perfect fit.

Anonymous said...

"I'd be perfect. I'm unstable, money-hungry, and really sneaky. It's a perfect fit."

yeah, but how's your pot roast?

You know if Christina gets the job she'll be bringing home baked cookies to all the F.O.M.C. meetings so she's gonna have some extra pull there.

toll house cookies anyone

The FOMC doesn't want to eat *my* cookies, they'd end up tripping their balls off.

Actually come to think of it...

Something tells me that if JDA were named vice chair, the FOMC's whole thing about, "We'll sort of tell you next month what we talked about here," and, "In five years, you can read who said what about whom," would fall prey to frantic BlackBerry-posting that polished mahogany table in Board room.

(See also: "really sneaky" for more about Board room antics o_0)

TLP you better stop fronting me off, we don't talk about Board room antics in front of the children...

shut your trap unless you don't want to be my jr vice chairman.

And my cookies. Naturally.

Just so I don't lose, er, privileges, let me see how I do sounding like a central banker: "I have absolutely no knowledge of anything remotely like what you just described."

Excellent job, TLP, you might have a future in central banking! Let me know if you need a hookup, I may know some people...

Anonymous said...

Romer is a native of Alton, IL

the home of the coldest beer in the St. Louis metro area

also the home of

the Alton Giant Robert Wadlow

also near the

the Indian legend of the Piasa Bird

To conjure up a creature like that, you gots to be eating some decent baked goods.

Jeff

Anonymous said...

"Something tells me that if JDA were named vice chair..."


You'll have to keep her away from that Lacker fellow's hair.

Anonymous said...

she'll drug him with home baked cookies and then assault him (or his hair)

Anonymous said...
Anonymous said...

don't do it JDA, you'll have to register as a predator and your life will never be the same...just ain't worth it.

I am above using date-rape-drug-laced baked goods to get what I want. I rely on good old fashioned charm. And if that doesn't work, there are always threats.

"I have absolutely no knowledge of anything remotely like what you just described."

Anonymous said...

"I am above using date-rape-drug-laced baked goods to get what I want."

Don't knock it until you try it.

endorsed by Billy Dee

ok, I'm done. Thanks for being good sports JDA and TLP.

Jeff

Jeff, you know we love you. If you weren't older than me, TLP and I would try to adopt you.

Sure, we'd keep you locked in a tiny room under the stairs and maybe beat you but hey, them's the breaks, kid.

Seriously though, we still need to come up with some picks for Fed Vice Chair. I'm out of the running after this little conversation, now the Richmond Fed police are on my non-existent nuts checking to see if I've made any vague threats towards their esteemed president. As if.

I'm a lover not a fighter. TLP can vouch for me.

Anonymous said...

"Sure, we'd keep you locked in a tiny room under the stairs and maybe beat you but hey, them's the breaks, kid."

ooohhh feelin' the love... would I have to share the tiny room with Lacker?

this guy's willing to take a crack at the job but he can't relocate untill he unloads his house in Zimbabwe

Anonymous said...

I'm making a nomination for Biti. Anyone to second that?

Jeff

Bring back Alan Greenspan.

Anonymous said...

"Bring back Alan Greenspan"

That's fucking brilliant! I wish I had thought of that! If Brett Favre can come out of retirement, why not that bespectacled chimp?!?