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Romney Reiterates He Would Replace Bernanke
WSJ ^

Posted on 08/23/2012 3:50:24 PM PDT by Perdogg

Mitt Romney said Thursday that he would replace Federal Reserve Chairman Ben Bernanke, dismissing the advice of a top adviser who suggested this week that the chairman should be considered for a third term.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2012election; benbernanke; bernanke; election2012; federalreserve; kenyanbornmuzzie; mittromney; thefed
This Guy would be better.
1 posted on 08/23/2012 3:50:32 PM PDT by Perdogg
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To: Perdogg
Mitt Romney said Thursday that he would replace Federal Reserve Chairman Ben Bernanke, dismissing the advice of a top adviser

The "top advisor" should be replaced.

2 posted on 08/23/2012 3:57:01 PM PDT by marron
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To: Perdogg
This Guy would be better.

So would these guys...

3 posted on 08/23/2012 3:59:40 PM PDT by verum ago (A good physical therapist is half friend, half sadist.)
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To: Perdogg

” Mitt Romney said Thursday that he would replace Federal Reserve Chairman Ben Bernanke, dismissing the advice of a top adviser “

Who the heck are his advisors? This one sounds like the loser, Karl Rove.


4 posted on 08/23/2012 3:59:52 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: verum ago

Wait, were we talking about Romney or Bernanke? (supposed to be on the bottom of my above post)


5 posted on 08/23/2012 4:01:51 PM PDT by verum ago (A good physical therapist is half friend, half sadist.)
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To: Perdogg

Better yet he should cut the pseudo public / private tie with the fed altogether. Make them one or the other.


6 posted on 08/23/2012 4:03:45 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Perdogg

I think Ron Paul would rather be chairman of the Federal Reserve than President; and I kind of like that idea.


7 posted on 08/23/2012 4:07:11 PM PDT by SeaHawkFan
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To: Perdogg

Romney should clean ALL of the RATs out of Washington. Not to do so is a recipe for disaster.


8 posted on 08/23/2012 4:09:04 PM PDT by 2 Kool 2 Be 4-Gotten
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To: SeaHawkFan

I like the idea too. Unfortunately reality would cause immediate and total economic collapse as we were forced to accept that we’re flat broke.


9 posted on 08/23/2012 4:13:45 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Perdogg

Yap, Bernanke is a college professor who never had a real job working for a real company which survives only if it makes a profit. This is an excellent decision by Romney, but will he follow up on that or flip-flop?


10 posted on 08/23/2012 4:15:09 PM PDT by entropy12 (Hate is the most insidious emotion, it will grow cancer in your body.)
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To: stephenjohnbanker

Mitt Romney is not going to replace ANYBODY, unless he gets elected in the first place.

And unless he also has a majority in the Senate to support him, confirmation of any of his choices remains a dicey thing.


11 posted on 08/23/2012 4:17:59 PM PDT by alloysteel (Voter suppression is needed now more than ever. Only, whom shall be suppressed?)
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To: cripplecreek

Sooner the better.


12 posted on 08/23/2012 4:19:09 PM PDT by dk88 (Occupy=Liberalism: No solutions, no responsibility and demanding free stuff from someone else)
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To: Perdogg
dismissing the advice of a top adviser

Fire him, NOW!

You can never trust his judgement on anything if he fails this badly on Bernanke.

13 posted on 08/23/2012 4:20:57 PM PDT by grobdriver (Proud Member, Party of No! Nobama, No Way, No How!)
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To: Perdogg

Burn-Yankee must go.


14 posted on 08/23/2012 4:22:42 PM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: 2 Kool 2 Be 4-Gotten
Romney should clean ALL of the RATs out of Washington.

And all the R. governors should do the same thing in their states for the exact same reason. They need to decertify the union-RATs as well.

15 posted on 08/23/2012 4:27:28 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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To: Perdogg

Well...Mitt can kiss the Bernanke vote goodbye....;^)


16 posted on 08/23/2012 4:27:35 PM PDT by randog (Tap into America!)
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To: Perdogg

How about Arthur Laffer?


17 posted on 08/23/2012 4:31:39 PM PDT by GeorgeWashingtonsGhost
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To: alloysteel
Mitt Romney is not going to replace ANYBODY, unless he gets elected in the first place. ...And unless he also has a majority in the Senate to support him, confirmation of any of his choices remains a dicey thing.

Well if he does get elected, since he loves to fire people, he can just get started on his busy schedule. He doesn't need confirmation to fire bureaucrats.

If he was to start at the top of each department and include a few deputy secretaries or whatever, it would still take him weeks...He might just have to appoint a "Firing Czar" just so he can let him have a field day and then approve of his progress.

If he fired enough deadwood out of certain departments and agencies, he may well be able to suggest that Congress not fund them at all.

I realize I'm getting all fired up about all this firing, but...What the hey?

18 posted on 08/23/2012 4:39:41 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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To: Perdogg
This Guy would be better.

Oh yeah, an aide to a Carter-era Secretary of Treasury... what an improvement! /s

Fischer is a lifelong RAT. Nuff said.

19 posted on 08/23/2012 4:41:03 PM PDT by Carry_Okie (The Slave Party Switcheroo: Economic crisis! Zero's eligibility Trumped!! Hillary 2012!!!)
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To: 2 Kool 2 Be 4-Gotten
Romney should clean ALL of the RATs out of Washington.
Not to do so is a recipe for disaster.

EXACTLY!

Failure to do so was one of the biggest mistakes George Bush made.

He thought he would be the nice guy but democrats just considered him foolish.

For the entire eight years of his Presidency he was plagued by democrat holdovers in the bureaucracy who were dedicated to undermining his policies and doing their best to make his administration a failure.

Recall the flap when he belatedly tried to clean out some lawyers from the Justice department. Clinton was smarter - he cleaned out his predecessors hold overs the day he took office.


20 posted on 08/23/2012 4:49:30 PM PDT by Iron Munro ("In any compromise between good and evil, it is only evil that can profit." - Ayn Rand)
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To: Perdogg

Well, if he’s not going to end it (and I’m still on the fence myself on whether that would be a good idea or not)....it would be good for Bernanke to go. Preferably in handcuffs, but good that Mitt would send him packing.

Hopefully on that note, Mitt will also put in someone who will change things for the better.


21 posted on 08/23/2012 4:51:35 PM PDT by Lucky9teen (Peace is that brief glorious moment in history when everybody stands around reloading.~Thomas Jeffer)
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To: Perdogg

Applause. Bernanke should also be charged with felonious theft.

Now, if we could hear what Romney would do with all the Czars.

I not yet heard anything about them.


22 posted on 08/23/2012 4:53:17 PM PDT by nicmarlo
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To: Perdogg

Any replacement will be unable to interrupt the continuation of the fun of default, bond collapse, repudiation, currency adjustment ahead. Have fun. Enjoy the slide. Watch the local foreclosures, layoffs and general depositions like a great picture show.


23 posted on 08/23/2012 4:57:28 PM PDT by familyop ("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
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To: GeorgeWashingtonsGhost
How about Arthur Laffer?

No. Laffer is right on taxation, but, unfortunately, he's down with printing money as a means to spur the economy. Ron Paul for Fed Chairman!

Fed Chairman is Ron Paul's special purpose.

24 posted on 08/23/2012 4:59:04 PM PDT by BfloGuy (Without economic freedom, no other form of freedom can have material meaning.)
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To: alloysteel

What if the republican controlled house vote articles of impeachment against the senate democrats? How would that work?


25 posted on 08/23/2012 5:00:08 PM PDT by Terry Mross (To all my relatives and former friends: Do not contact me if you still love obama.)
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To: nicmarlo
Bernanke should also be charged with felonious theft.

And what about Greenspan. They're not elected officials. They were both in on the CRA. There must be a zillion SEC/banking-fraud crimes with which they could be charged and prosecuted. Life in jail.

Throw Andrea Mitchell in there too, she's just another RAT accomplice.

26 posted on 08/23/2012 5:13:23 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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To: Iron Munro

Romney should gut the EPA of all ‘Agenda 21’ hacks working for the U.N., the Marxists in the State Dept., and especially the newly hired schizophrenic Fascist midgets at the DOJ!


27 posted on 08/23/2012 5:15:28 PM PDT by GeorgeWashingtonsGhost
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To: ROCKLOBSTER

There must be; I agree. Lock them all up and throw away the key.


28 posted on 08/23/2012 5:27:50 PM PDT by nicmarlo
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To: Perdogg

Reinhart has been shamelessly campaigning for the slot on all the biz networks...kicking ole Ben to the curb all day long.

http://en.wikipedia.org/wiki/Carmen_Reinhart

Or his wife... all a bunch of pork sucking tools


29 posted on 08/23/2012 11:59:24 PM PDT by Fred (http://www.obamanomicsoutsourced.com/)
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To: cripplecreek

In the world of the possible, we will never get rid of a national bank, I.e., the Fed. The gov’t needs it to get loans. BUT, it is possible to end the ban on allowing private banks to issue notes/money. Not crazy: this was the US system for 80 years, it was quite solid, and with the modern credit card system, we are not that far away. The advantage of this is that the Fed has to compete with the private sector to maintain he value of dollars, and it worked with the 1st and second BUS.


30 posted on 08/24/2012 3:30:54 AM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually (Hendrix))
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To: Iron Munro

Exhibit A - the whole Valerie Plame imbroglio - typical example.


31 posted on 08/24/2012 5:15:28 AM PDT by 2 Kool 2 Be 4-Gotten
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To: Carry_Okie

he was appointed by Bush to the current position. He is an inflation hawk on the Fed. Read, if you can, the latest news articles about him.

He sounds fairly reasonable to me. I don’t need Ron Paul’s permission to support some one.

http://business.time.com/2012/04/11/fed-inflation-hawks-warn-more-stimulus-could-fuel-prices/

http://www.cnbc.com/id/48679731

http://www.businessweek.com/news/2012-08-15/feds-fisher-sees-fiscal-drag-economy-expanding-in-2013

http://online.wsj.com/article/BT-CO-20120815-711679.html

http://money.cnn.com/2012/06/01/news/economy/Fed-Fisher/index.htm=

http://money.cnn.com/2011/04/08/news/economy/Fed_richard_fisher_dallas/index.htm


32 posted on 08/24/2012 5:41:25 AM PDT by Perdogg (Mutts for Mitt all agree - Better in the crate than on the plate)
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