OK

Yawn.  This has been coming and it will happen.  The desensitization has been ongoing and Obama will do what he everyone but those who live in a hole expect:

President Obama will likely name his former economic adviser Larry Summers as the next Federal Reserve chairman, though Summers is "still being vetted" for the job, CNBC reported Monday, citing an unnamed source from "Team Obama." Summers, who along with current Fed Vice Chair Janet Yellen is seen as a frontrunner to replace Ben Benrnanke, has faced some opposition from Democratic members of Congress over his role in easing Wall Street regulation when he served as Treasury secretary late in the Clinton administration.
http://www.marketwatch.com/...

Wait for it.

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