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View Diary: Obama nominates Janet Yellen for Fed chief. If Senate confirms, she'll be first woman in the post (58 comments)

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  •  Glad she changed her mind on the Glass-Steagall (4+ / 0-)

    A top Wall Streeter warned me about this when it was repealed.  It's clear now that it lead to the 2008 debacle and near collapse of the US and world economy.  I didn't understand then the role that greed played it high level financial systems, I do now.

    She is certainly a better choice than Summers as many prominent Kossacks and many in DC indicated over the last months.  Thankfully it got to Obama's ear.

    Saw he give her acceptance and she sounded alright.

    Let's see how it goes in the dysfunctional Congress.

    Daily Kos an oasis of truth. Truth that leads to action.

    by Shockwave on Wed Oct 09, 2013 at 12:55:01 PM PDT

    •  I don't even want to have to care (2+ / 0-)
      Recommended by:
      The Dead Man, maryabein

      if her "change of mind" on Glass-Steagall was sincere or opportunistic.  I just wish we'd had a better candidate, period . . . or no Fed to start with.

      Dogs from the street can have all the desirable qualities that one could want from pet dogs. Most adopted stray dogs are usually humble and exceptionally faithful to their owners as if they are grateful for this kindness. -- H.M. Bhumibol Adulyadej

      by corvo on Wed Oct 09, 2013 at 02:13:06 PM PDT

      [ Parent ]

      •  There were better candidates... (0+ / 0-)

        ...I named some. But none of them anywhere on the White House radar. Defeating the worst of the lot was the objective, except, of course, for people like yourself who believe in the approach to politics that putting the worst types in power will persuade everyone how bad they are and push them to choose far far better next time. No evidence of that historically, but people keep making the argument nonetheless.

        Don't tell me what you believe, show me what you do and I will tell you what you believe.

        by Meteor Blades on Wed Oct 09, 2013 at 09:38:43 PM PDT

        [ Parent ]

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