Yellen Confirmed

Janet Yellen has been confirmed as Chairman of the Federal Reserve by a 56 to 26 vote.  She was my first choice for the job — with no close second.

 

Winter for Summers

Larry Summers has withdrawn his name for Chairman of the Federal Reserve.  Yay!

I didn’t oppose him because I care about appointing a woman (although I think Janet Yellen would do a great job, based on her record of correct economic forecasts), I opposed him because he’s an asshole.  He doesn’t have the personality and temperament for the job.