Moral Hazard...

Discussion in 'Trading' started by PohPoh, Mar 26, 2008.

  1. It's everywhere..
    not that anything has changed...

    But it extends now from the lowest people on the economics chain to the highest...

    When will we have the courage of a Volker to step in and fix this major dilemma?

    Can the new Democrap President elect assign a new Fed Chair?
     
  2. No courage will be shown by next admin, regardless of who wins. I doubt the Fed chairman would ever be replaced before the end of his term... would probably cause the markets to panic due to the lack of confidence shown.
     
  3. when does B52 Ben's term run out of gas??
    Isn't it the perogative of the new admin to dump him if they want??
     
  4. Hmmmm
     
  5. Brandonf

    Brandonf ET Sponsor

    I dont think so, its supposed to be a non political office free from the president and the congress' bitching, moaning and medling.
     
  6. Best first post ever....welcome...
     
  7. hoooooo...