Many economists are employed by the major investment firms. These are mostly Republican oriented companies; especially when you inspect all the regulation that there is... None of these Wall Street economists are Obama fans. Any success for the economy could result in a positive reflection on the Pres., whether you like him or not. This only exacerbates their wish for an early end to the Keynesian style that is being instituted currently. Janet Yellen is the top choice by most to take the helm after Bernanke steps-down. She is a Democrat. I am a registered Independent, as biases to one side can distort accuracy and pragmatism in lieu of an underlying ulterior motive. I prefer what is best for the future of this country. The "Donald" , Faber and the rest all are predicting an ominous future. It is clearly politically motivated. Politics and monetary policy has been and should clearly, always remain independent. It is at times like this that the Federal Reserve Bank is a separate institution from the rest of Washington.
Posted on: Thu, 25 Jul 2013 05:00:58 +0000
Trending Topics
Recently Viewed Topics
© 2015