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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (123034)10/8/2012 5:30:53 PM
From: RetiredNow  Read Replies (2) | Respond to of 149317
 
You are splitting hairs and those technicalities are not important to the main point of the conversation. I know and most on this thread know what the process is, Sr K. The President appoints the Fed Chairman and the Senate confirms the appointment. So to get rid of Bernanke, all Romney has to do is choose someone else when Bernanke's term is over on Jan. 31st, 2014. That's what Romney promised to do.

One thing is for certain. If Obama is elected, then we get Bernanke through 2018. We'll see massive printing of money for the next 6 years and all the negative consequences of that, which I have been spelling out for the folks on this thread for awhile now. Under Romney, we have a better chance of putting a stop to that.