Q. Al Sharpton - What kind of person would you nominate for Federal Reserve Chairman?
A. Someone like the Richard Pryor character from this Movie: 
Posted on 01/23/2004 6:56:19 PM PST by dogdayafternoon
During the Democratic Presidential debate I saw Thursday, Jan. 22nd, Peter Jennings asked Al Sharpton about what type of person he would potiently nominate for Chairman of the Federal Reserve. His response was unbelieveable, it was cheap entertainment...I was laughing hysterically. This guy is shear entertainment. I found the transcript to this portion of the debate and thought I would share it. Enjoy:
JENNINGS: If during your term as president, if you become the nominee, and you have the opportunity to nominate someone to be chairman of the Federal Reserve Board, what kind of person would you consider for the job? You can name someone in particular, if you have someone in mind.
And maybe just take a minute or so to give us a little bit about your views on monetary policy.
SHARPTON: I think, first of all, we must have a person at the Monetary Fund that is concerned about growth of all, not setting standards that would, in my judgment, protect some and not elevate those that cannot, in my view, expand and come to the levels of development and the levels of where we need to be. I think part of my problem with how we're operating at this point is that the IMF and the policies that are emanating there do not lead to the expansion that is necessary for our country and our global village to rise to levels that underdeveloped countries and those businesses in this country can have the development policies necessary.
JENNINGS: Forgive me, Reverend Sharpton, but the question was actually about the Federal Reserve Board.
SHARPTON: I thought you said IMF, I'm sorry.
JENNINGS: No, I'm sorry, sir. And what you'd be looking for in a chairman of the Federal Reserve Board.
SHARPTON: Oh, in the Federal Reserve Board, I would be looking for someone that would set standards in this country, in terms of our banking, our - in how government regulates the Federal Reserve as we see it under Greenspan, that we would not be protecting the big businesses; we would not be protecting banking interests in a way that would not, in my judgment, lead toward mass employment, mass development and mass production. I think that - would I replace Greenspan, probably. Do I have a name? No.
(Excerpt) Read more at foxnews.com ...
Q. Al Sharpton - What kind of person would you nominate for Federal Reserve Chairman?
A. Someone like the Richard Pryor character from this Movie:
I don't think any of them would have done much better than Sharpton. I wonder if the questions are prepared for specific candidates and if they had the purposeful intent of making Sharpton look foolish.
LoL...onstage.. The Mystic Knights of the Swa....
What does "incredicled" mean?
I doubt any of the nominees would have had a coherent answer for the question, actually...but I notice Sharpton was the only one who was asked.
That was my thought as well. It's really a shame, because often it seems that Kucinich and Sharpton have put more thought into some of their positions than the others, but they're getting no media attention (except as the "class clowns") and going nowhere fast in the polls.
Not that I'd want either as president, mind you....
To be honest with you, they all should be able to. Wesley Clark used to teach economics at west point for gods sake (from what I understand, he was actually pretty good, and was in depth about supply side and keynesian). Dean, Edwards and everyone else have advisors/tutors to explain things to them and teach them what they need to know so as not to embarass themselves.
The bad part here, is not that Sharpton didn't know and does not know what the FED does or is, its that he was to lazy to even bother to learn, and he doesn't even seem to know anything about the IMF.
I would have been absolutely stunned if none of them could have answered better then Sharpton. These guys have people tutoring them on everything from facts (the liberal version at least) to how to dress to the issues.
Either Sharpton doesn't expect to be treated on serious policy issues, or he was just to damn lazy to learn some kind of basics about this stuff.
Sharpton is in the race to be the heir apparent to Jesse Jackson. He wants a bigger piece of the action. Everyone knows he is not a serious candidate. Blacks ought to be angry that this cartoon character is represented as their leader.
When you have one guy who doesn't know what the Defense of Marriage Act is and another who claims he is against the war and for the troops despite his opposite votes, I wouldn't have been stunned at all. Lieberman is probably the only one who could have answered that question.
Kerry has been saying he's for the troops but against the mission since he started campainging and as a way to distract from his "yea" vote. Ironically, or not so, the DNC came up with the idea of using that line from republicans during the Kosovo conflict, and Kerry is pretty polished in a way to make it sound nice (though considering how many lefties are hoping for our service men to die over there, its pretty safe to say its a lie and a talking point).
Edwards on the other hand, simply didn't care, he should have known about the Defence of Marriage act, for gods sake he's a lawyer and was a very well known and excellent one at that, it sounded like he had rehearsed what he was going to say well in advance, and still didn't know it, i.e. he had bad info and memorized it, or he went by what ever BS he heard and winged it.
Either way, there's no doubt that all of them, except for Sharpton and Kunich have definatley been tutored on this, and studied it, and know there talking points, walking around in congress alone should give them the basic info, whats the point of them having advisors and people to write there speech, tutor them, and giving them there talking points if they're just going to "wing it" through the campaign. They all would have been able to answer that question.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.