Bush to name Greenspan replacement at 1:00 pm

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Engineer

Engineer

Elite Member
Oct 9, 1999
39,230
701
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Per CNBC per Dow Jones newswire that Bush would name Greenspan replacement at 1:00pm today. Not much to add just passing on the news.

Let's hope for a "qualified" candidate as the Fed chairman could be more important than many of the other candidates that Bush has nominated, IMO.
 
B

BDawg

Lifer
Oct 31, 2000
11,631
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I wonder how many feet from his office this search encompassed?

I bet the replacement is Barney the dog.

"He's the most qualified person I could find (without leaving my chair)."
 
judasmachine

judasmachine

Diamond Member
Sep 15, 2002
8,515
3
81
Originally posted by: BDawg
I wonder how many feet from his office this search encompassed?

I bet the replacement is Barney the dog.

"He's the most qualified person I could find (without leaving my chair)."
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His naptime is very important and must not be interrupted!

Yeah I expect the same croneyism as ever, also. I would like for them to pretty much select Greenspan's choice over just some buddy of dubya.
 
B

BDawg

Lifer
Oct 31, 2000
11,631
2
0
Originally posted by: judasmachine
Originally posted by: BDawg
I wonder how many feet from his office this search encompassed?

I bet the replacement is Barney the dog.

"He's the most qualified person I could find (without leaving my chair)."
Click to expand...


His naptime is very important and must not be interrupted!

Yeah I expect the same croneyism as ever, also. I would like for them to pretty much select Greenspan's choice over just some buddy of dubya.
Click to expand...

To be fair, I bet Greenspan takes naps too.
 
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Pabster

Lifer
Apr 15, 2001
16,986
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If he picks a crony, they'll still know more about economics than you will. So I wouldn't be too picky.
 
D

Darkhawk28

Diamond Member
Dec 22, 2000
6,759
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Originally posted by: Pabster
If he picks a crony, they'll still know more about economics than you will. So I wouldn't be too picky.
Click to expand...

Yeah, just like a horsey-guy like Brownie was such a wonderful pick. Or the guy that anally rapes his wife being head of women's health or how about the coked-out, alcoholic, fake Christian that......
 
Don Vito Corleone

Don Vito Corleone

Elite
Feb 10, 2000
30,029
67
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Originally posted by: Pabster
If he picks a crony, they'll still know more about economics than you will. So I wouldn't be too picky.
Click to expand...

You wouldn't be "picky" in selecting one of the most important officials in the United States? I would. I'd be very, very picky indeed.
 
P

Pabster

Lifer
Apr 15, 2001
16,986
1
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Originally posted by: DonVito
You wouldn't be "picky" in selecting one of the most important officials in the United States? I would. I'd be very, very picky indeed.
Click to expand...

Of course I would. My point was that so many here offer up comments as if to suggest they have any experience with Economics and are qualified. I'm not sure why the left hates Greenspan so much -- after all, he presided over the "great" Clinton economic times. Either way, he'll be gone now.
 
Don Vito Corleone

Don Vito Corleone

Elite
Feb 10, 2000
30,029
67
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Originally posted by: Pabster

Of course I would. My point was that so many here offer up comments as if to suggest they have any experience with Economics and are qualified. I'm not sure why the left hates Greenspan so much -- after all, he presided over the "great" Clinton economic times. Either way, he'll be gone now.
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I don't know that "the left" "hates" Greenspan. I don't think there's any broad-based sentiment to that effect at all.

I don't see that the qualifications of any member of this board have any relevance whatsoever to this discussion. Harriet Miers is probably more qualified than nearly any member of this board to sit on the Supreme Court (though I could make a case - with a straight face! - that I'm better qualified), but that doesn't mean she isn't a dreadful nominee with laughably poor qualifications.

I must say, it seems to me President Bush has demonstrated a real shortcoming with regard to his ability and/or inclination to select talented/well-qualified nominees for important positions of late (Harriet Miers?), and the notion of him replacing Alan Greenspan certainly gives me pause. The Bush White House has been among the most fiscally irresponsible in history, and President Bush doesn't seem to take well to being told "no" when he wants to do something. I hope we get another John Roberts and not another Brownie to replace Greenspan . . .
 
M

Martin

Lifer
Jan 15, 2000
29,178
1
81
we still have time for mini pool.

I think Bush is leaning towards Pam DelaBar. She's done a mediocre job as president of the Cat Fancier's Association, so she's most certainly qualified for the job!
 
Thump553

Thump553

Lifer
Jun 2, 2000
12,839
2,625
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It had to happen someday, and has been rumored for quite a while, but I think most persons of intelligence, regardless of their political bent, will regret seeing Greenspan retire.

Until the last few years (when he has not spoken up enough about this Bush's economic irresponsibility) I've been very impressed with Greenspan. Without Greenspan's steading hand on the throttle this Bush would have made much more of a mess than he has.
 
R

RightIsWrong

Diamond Member
Apr 29, 2005
5,649
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Originally posted by: Thump553
It had to happen someday, and has been rumored for quite a while, but I think most persons of intelligence, regardless of their political bent, will regret seeing Greenspan retire.

Until the last few years (when he has not spoken up enough about this Bush's economic irresponsibility) I've been very impressed with Greenspan. Without Greenspan's steading hand on the throttle this Bush would have made much more of a mess than he has.
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In all fairness to Greenspan, he isn't in the position to question Bush. If he did, the economy would tank based on his words of criticism. That isn't to say that it wasn't there....he just isn't able to express them publicly because of his position.

On a side note, I would love to read a tell-all book by Greenspan after he leaves office. I think that his take on the last few presidencies would be pretty fascinating.
 
Bowfinger

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: DonVito
Originally posted by: Pabster
Of course I would. My point was that so many here offer up comments as if to suggest they have any experience with Economics and are qualified. I'm not sure why the left hates Greenspan so much -- after all, he presided over the "great" Clinton economic times. Either way, he'll be gone now.
Click to expand...

I don't know that "the left" "hates" Greenspan. I don't think there's any broad-based sentiment to that effect at all. ...
Click to expand...
Likewise. I know there have been some specific criticisms of Greenspan, but in general, I've found he's well-respected across the political spectrum.
 
Engineer

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Originally posted by: Pabster
If he picks a crony, they'll still know more about economics than you will. So I wouldn't be too picky.
Click to expand...


Wow, just wow. In other words, you don't give a snot who he picks as long as he knows more than us? Wow, what a partisan remark. I think the Fed chairman has done a fantastic job, IMO, but then again, what do I know. Replace him with a "crony" that has no clue and you'll end up with a far more fvcked economy than any hurricane would ever do.

<---- Shakes head at some of the remarks on here.....simply unbelievable.
 
F

Ferocious

Diamond Member
Feb 16, 2000
4,584
2
71
Market watch earlier mentiond Ben Bernanke, chairman of Bush's Council of Economic Advisors.

But not official yet.
 
C

CellarDoor

Golden Member
Aug 31, 2004
1,574
0
0
Originally posted by: Ferocious
Market watch earlier mentiond Ben Bernanke, chairman of Bush's Council of Economic Advisors.

But not official yet.
Click to expand...


At the very least, that guy wrote one of my economics textbooks.
 
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