Tuesday, October 15, 2013

Yellen Pick Shows Alliance of Left and Wall St.


Money was falling from the sky in a Senate office building on Thursday. It was just a protest against the lobbying by agribusiness giant Monsanto, but the sight elicited a Twitter joke from Washington Examiner economics reporter Joe Lawler: "The Yellen Era begins."



President Obama's nomination of Janet Yellen as chairman of the Federal Reserve board represents a victory for the Left. And her confirmation hearing may bring to light the Right's shifting views in the arcane but crucial area of monetary policy.





Source: http://www.realclearpolitics.com/2013/10/13/yellen_pick_shows_alliance_of_left_and_wall_st_317721.html
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