To: russwinter who wrote (44017 ) 10/24/2005 10:54:45 AM From: Jim Willie CB Read Replies (2) | Respond to of 110194 Bush The Lesser soon to name Greenspasm successor at 1pm my guess is Ben Bernanke some concerns first, BB is not the best person for the job the best might not reside in the USA, probably more like Europe the markets will want to feel confidence right away with the new guy if insufficient confidence, then we might get too many extra rate hikes just to instill that missing confidence and to provide a proper stronger support for the USDollar Greeny has been an inflationist engineer extraordinaire he has also been a steadfast killer of the economy from excessive rate hikes in tightening cycles, which have gone too far each time few seem to recall he hiked twice more AFTER the March2000 stock bust, all the way to 6.5% like a madcap scientist out of control my guess is that Bernanke will provide the best continuation of confidence he is a former Princeton Univ Economics Dept chairman that dont make him qualified, but rather trustworthy by markets his comments on helicopter household cash drops are insane but they would best support the inflation positions, like with the gold price Bushy will not name anyone who is a stranger to the financial markets the new guy will surely be one who embraces all false economic statistics, all foundations of debt to grease the economy, all nonsense about calling debt liquidity, calling a currency sound despite bankruptcy, and more mainstream heretical notions I believe Bernanke has been groomed for the post he will be the greatest inflation engineer in history Ben would be perfect to execute the Weimar Inflation chapter in the United States he has been groomed in the last several months it seemed to me that Ben has been given some more polish and apprenticeship my sources say that Greenman has wanted Bernanke to succeed him it will be interesting if Bushy picks a former White House Council head, like Feldstein or Hubbard it will also be interesting to see if the new guy is jewish the main rub on Bernanke is his pure academic background, little financial market experience he has been called "unseasoned in Wall Street matters" one thing you can be certain of..... the successor to Greenscheiss will continue to destroy the US Economy most candidates talk tough on fighting inflation but when you get down to policy and belief, they are all deeply committed to inflation WITHOUT INFLATION, THE US ECONOMY HAS NO POWER OR IMPETUS / jim