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10-24-05, 09:55 AM
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#1
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Lexus Fanatic
Join Date: Feb 2001
Location: Big D!
Posts: 5,690
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Bush To Name Successor To Alan Greenspan Today!
Breaking News...
Quote:
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Originally Posted by WASHINGTON (AP)
President Bush will nominate a successor to Federal Reserve Chairman Alan Greenspan at 1 p.m. on Monday, a Bush administration official has told The Associated Press.
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__________________
Fail To Succeed or Succeed To Fail...
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10-24-05, 10:04 AM
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#2
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Lexus Fanatic
Join Date: Feb 2001
Location: Big D!
Posts: 5,690
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Dubya sure has been able to nominate a shiz load of folks for various positions! Talk about timing... 
This is HUGE! And will directly impact us all for some time to come... GOD help us... 
__________________
Fail To Succeed or Succeed To Fail...
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10-24-05, 10:46 AM
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#3
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Soft Forum Moderator
Join Date: Jan 2002
Location: Michigan
Posts: 6,165
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WASHINGTON - President Bush on Monday selected Ben Bernanke, chairman of the president's Council of Economic Advisers, to replace Alan Greenspan as Fed chairman, according to an administration official.
__________________
I know you're not standing on your front porch with a bag of money waiting for me to call you. But I'm not some 18-year-old selling a cure for AIDS. I'm 46 years old, I have 22 years market experience, I know this business. So pick up your skirt, grab your stones, and lets go make some money
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10-24-05, 10:49 AM
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#4
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Soft Forum Moderator
Join Date: Jan 2002
Location: Michigan
Posts: 6,165
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Did quick read on Ben, it looks like maybe Bush made a good pick this time?
__________________
I know you're not standing on your front porch with a bag of money waiting for me to call you. But I'm not some 18-year-old selling a cure for AIDS. I'm 46 years old, I have 22 years market experience, I know this business. So pick up your skirt, grab your stones, and lets go make some money
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10-24-05, 10:50 AM
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#5
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Soft Forum Moderator
Join Date: Jan 2002
Location: Michigan
Posts: 6,165
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Ben S. Bernanke was sworn-in on June 21, 2005 as Chairman of the President's Council of Economic Advisers. Prior to his appointment to the Council, Dr. Bernanke served as a member of the Board of Governors of the Federal Reserve System.
Dr. Bernanke was born on December 13, 1953, in Augusta, Georgia. He received a B.A. in economics in 1975 from Harvard University (summa cum laude) and a Ph.D. in economics in 1979 from the Massachusetts Institute of Technology.
Before becoming a member of the Board, Dr. Bernanke was the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs and Chair of the Economics Department at Princeton University (1996-2002). Dr. Bernanke had served as a Professor of Economics and Public Affairs at Princeton since 1985.
Dr. Bernanke has published many articles on a wide variety of economic issues, including monetary policy and macroeconomics, and he is the author of several scholarly books and two textbooks. He has held a Guggenheim Fellowship and a Sloan Fellowship, and he is a Fellow of the Econometric Society and of the American Academy of Arts and Sciences. Dr. Bernanke served as the Director of the Monetary Economics Program of the National Bureau of Economic Research (NBER) and as a member of the NBER's Business Cycle Dating Committee. Dr. Bernanke's work with civic and professional groups includes having served two terms as a member of the Montgomery Township (N.J.) Board of Education.
Dr. Bernanke and his wife, Anna, have two children.
__________________
I know you're not standing on your front porch with a bag of money waiting for me to call you. But I'm not some 18-year-old selling a cure for AIDS. I'm 46 years old, I have 22 years market experience, I know this business. So pick up your skirt, grab your stones, and lets go make some money
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10-24-05, 11:57 AM
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#6
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Lexus Champion
Join Date: Apr 2002
Location: Glued to my desk.
Posts: 3,742
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Wow! No background as a Lottery Commisioner or Arabian Horse judge. How will he ever do this job?  
J/K.
All joking aside, this guy sounds like he is well qualified and a good pick.
__________________
http://img.photobucket.com/albums/v679/judoguy/sig2.jpg
The more you sweat in training the less you bleed in combat.
2005 Toyota Sequoia Limited
1995 SC400. Platinum with black interior.
Performance - Custom exhaust. Injen Intake. CD/Slotted Rotors.
Exterior - 19" Racing Hart M5's. BFGoodrich g-Force T/A KDW tires. Painted Engine Bay. D-Speed clear corners.
Interior - Pioneer DVD Head Unit. Sylvania Silverstar headlights. Lextech Gauge Cluster. Leatherseats.com Two Tone.
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10-24-05, 12:48 PM
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#7
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Soft Forum Moderator
Join Date: Jan 2002
Location: Michigan
Posts: 6,165
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__________________
I know you're not standing on your front porch with a bag of money waiting for me to call you. But I'm not some 18-year-old selling a cure for AIDS. I'm 46 years old, I have 22 years market experience, I know this business. So pick up your skirt, grab your stones, and lets go make some money
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10-25-05, 08:42 AM
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#8
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Lexus Champion
Join Date: Oct 2002
Location: Texas
Posts: 2,186
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Im pleased with this pick. Ben has a very qualified background, sound knowledge in Macro-economics, and isn't a "crony" or old friend that Bush decided on by his heart  . Honestly- 
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10-26-05, 08:05 PM
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#9
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XELKCIS1
Join Date: Feb 2001
Location: Atlanta
Posts: 41,116
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It seems this guy is a very solid pic. I was reading an article in USA Today and they felt, this guy has TOUGH work ahead.
__________________
Quote:
Originally Posted by PhilipMSPT
I'd rather walk into my parents having sex, instead of looking at those wheels...
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10-26-05, 09:39 PM
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#10
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Going with the flow...
Join Date: Feb 2001
Location: FL
Posts: 29,970
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Wow, concensus in the debate forum?
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10-27-05, 12:09 AM
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#11
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Lexus Champion
Join Date: Nov 2001
Location: S. Orange County, CA
Posts: 1,794
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I am not a fan of the president nor of most of his appointments, but I think this one is pretty solid and the markets don't seem to be worried, which is a good sign.
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