Heads Up: Pres. Obama Nominates Yellen For Fed. Chair



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82 Responses to “Heads Up: Pres. Obama Nominates Yellen For Fed. Chair”

  1. 5 utaustinliberal
    October 9, 2013 at 3:04 pm

    Historic day.

  2. 11 vcprezofan2
    October 9, 2013 at 3:10 pm

    Good Afternoon, Mariele. Always nice to see who gets in first! 😀

  3. 13 utaustinliberal
    October 9, 2013 at 3:12 pm

    The bloody ignorance in this country kills me. A mind truly is a terrible thing to waste.

  4. October 9, 2013 at 3:13 pm

    Congrats on 1st Mariele!

    Per Steve Benen:

    “It’s worth remembering that far-right groups like these receive quite a bit of money from corporate allies and very wealthy benefactors, who (a) understand the consequences of default better than many congressional Republicans; and (b) don’t want to lose an enormous chunk of their wealth as part of a feeble attempt to undermine a moderate health care law.

    Many GOP lawmakers are reportedly worried about primary challenges, facing rivals financed by groups like Heritage and FreedomWorks. On the debt ceiling, it appears these Republican members can do the right thing without fear of blowback from these far-right powerhouses.”

    Link in tweet:


  5. 16 utaustinliberal
    October 9, 2013 at 3:15 pm

  6. 19 57andfemale
    October 9, 2013 at 3:18 pm

  7. 20 globalcitizenlinda
    October 9, 2013 at 3:20 pm

    PBO keeps doing his job even as the republicans keep undermining progress on all fronts

  8. October 9, 2013 at 3:26 pm

  9. 22 57andfemale
    October 9, 2013 at 3:28 pm

  10. 23 57andfemale
    October 9, 2013 at 3:28 pm

  11. 26 Alycee (@jazziz2)
    October 9, 2013 at 3:29 pm

    “In a story most in the media missed, protestors gathered under the dome at the Mississippi state capitol earlier this year to oppose a bill that would allow the state Department of Human Services (DHS) to privatize everything from child protective services to nutrition programs for the elderly.

    The bill, HB 1009, which later passed, started out as a way to allow the Mississippi DHS to hire private contractors to collect child support payments — something which Mississippi had flirted with in the past, with less than impressive results.

    From 1995-2000, a wealthy but little known firm called Maximus, Inc. had been hired to collect overdue child support payments in Mississippi and, according to a joint legislative committee report, on average, had higher costs but collected less in payments than the state did during the same five-year period. During the February 2013 debate on the new bill in the state Senate, the Associated Press quoted Senator Hob Bryan as saying “I remember the disaster that Maximus was.”

    But memories of that failed experiment did not stop Republican lawmakers from expanding HB 1009 to include a broad provision to allow the Mississippi DHS to privatize any of its functions by contracting out to private companies.” more at link…

    • October 9, 2013 at 3:42 pm

      I call outsourcing/privatization the holy grail of corporate greed. It is nothing more than a way to skirt federal regulations, to legally discriminate and to rob the revenue coffers.

  12. 28 Linda
    October 9, 2013 at 3:29 pm

    Oh Brother…

    Wolfie Blitzer wants to know why she did not address the shutdown or the debt ceiling.

  13. 33 MightyPamela
    October 9, 2013 at 3:32 pm

    Have just learned of the passing of a friend and former client: Candles alight! http://seattletimes.com/html/localnews/2021968859_rhebaobitxml.html

  14. 41 utaustinliberal
    October 9, 2013 at 3:34 pm

  15. October 9, 2013 at 3:35 pm

    Janet Yellen’s remarks were so human and encouraging. She didn’t do any financial doublespeak, but talked about real people. We seen sour-faced Republican men as Fed Chair for so many decades, that it’s really refreshing to see someone so approachable, although I’m sure she has a formidable intellect. This is the first time that I’ve seen her up close and darned if she doesn’t look exactly like my mother-in-law. I love her accent, too.

    • 43 jacquelineoboomer
      October 9, 2013 at 4:08 pm

      I liked everything about Janet Yellen, too, jackieG! And you said it: formidable of mind and approachable in spirit. Nice partnership.

  16. 44 utaustinliberal
    October 9, 2013 at 3:36 pm

  17. 46 utaustinliberal
    October 9, 2013 at 3:37 pm

  18. 47 utaustinliberal
    October 9, 2013 at 3:38 pm

  19. October 9, 2013 at 3:45 pm

    FYI –

  20. 52 japa21
    October 9, 2013 at 3:46 pm

  21. 53 japa21
    October 9, 2013 at 3:52 pm

  22. 54 Linda
    October 9, 2013 at 3:53 pm

    Did Abbie Huntsman just say the President’s ” proformance ” yesterday was ” lackluster ” ?

    Or was she talking about Boehner

    • 55 anniebella
      October 9, 2013 at 4:23 pm

      Linda, I heard what Abby said. It makes me wonder how the hell did she get this job, because of her looks. It wasn’t because of her brain.

    • 59 dotster3
      October 9, 2013 at 6:01 pm

      She’s never bothered me too much until that idiotic statement today. I always thought she was a a huge improvement over S.E. Cupp, whom she replaced. But with that cockeyed statement today, I know she couldn’t have even watched that presser. That was so wrong, by anyone’s standard. Stupid.

  23. October 9, 2013 at 3:56 pm

    Despite the fact this tweet originated from Annie Lowrey, there’s no doubt that this is a wonderful picture.

    • 61 GGail
      October 9, 2013 at 4:18 pm

      That is so cute. She deserves this opportunity. I wish her the best.

    • 62 jacquelineoboomer
      October 9, 2013 at 4:31 pm

      Yes, it’s a wonderful picture! Sooooo tempted to write back something snarky to Annie Lowery that all she could come up with, relating to one of the upcoming most powerful women in the world, was “pretty happy” and nothing about how she earned the role of Fed Chair … but I will not give her the damn attention.

  24. 63 hopefruit2
    October 9, 2013 at 4:20 pm

  25. October 9, 2013 at 4:22 pm

    But it looks like a solution is around the corner.

    But this is NOT how the “greatest” country treats the families of its fallen soldiers.

    Shame on you, GOP.

  26. 67 whatisworking
    October 9, 2013 at 4:24 pm

    Hi All

    I am posting this again, in the hopes that there are some folks who have the time to make 20 phone calls today. Visit this web page and call in to these Congressman letting them know you expect them to stand up to the Radical Tea Party and pass a budget and raise the debt ceiling.


    Our OFA team is holding a Phone Bank Friday to recruit for an Economic Action Event in Sacramento. OFA needs all hands on deck to call and put the pressure on these congressman.

  27. 68 hopefruit2
    October 9, 2013 at 4:24 pm

  28. October 9, 2013 at 4:38 pm

  29. 71 japa21
    October 9, 2013 at 4:41 pm

    • October 9, 2013 at 5:07 pm

      I remember hearing somewhere that prioritizing is illegal and the Treasury has to pay its bills in the order that its due. Anyone know anything about that?

  30. 73 Jovie
    October 9, 2013 at 4:44 pm

    Here we go…!

  31. 75 jacquelineoboomer
    October 9, 2013 at 4:46 pm

    Because I’m a retired federal employee and feel their angst, I’ll share just one awful paragraph from today’s blurb via http://www.fedweek.com, which shows how convoluted the effect of the whole damn GOP shutdown is, on parts of the government … sorry this is so long. Lots of federal employees will read this and get even more riled up as the days go by …

    Shutdown Continues to Churn Workforce
    As the partial government shutdown continues in its second week, the impact on employees continues to evolve. The largest change is at DoD, which earlier this week called back to work about 90 percent of the roughly 400,000 employees it had furloughed last week. That action, which brings the number of employees currently on furlough down to about 450,000, followed an interpretation of a newly enacted law designed to assure that military personnel continue to receive their pay, which also contained authority to keep on the job civilian employees who even indirectly support military readiness. However, like the majority of federal employees, who have been on the job all along, those recalled employees are in unpaid status until the shutdown ends. Meanwhile, FEMA recalled some employees to cope with the impact of a tropical storm, but the VA moved in the opposite direction by furloughing some regional office staff and IT personnel who initially remained on the job. Several operations that have kept employees in pay status by using money not tied to one fiscal year or funds from certain fees could find that flexibility running out soon. The largest of those is the federal court system, which has projected that it has enough money to operate only into next week on that basis. Similarly, DoD has said that if the shutdown drags on it might re-furlough some of employees it called back because with the department unable to replenish supplies and equipment, they cannot do their jobs.

  32. 76 japa21
    October 9, 2013 at 4:47 pm

  33. 78 vcprezofan2
    October 9, 2013 at 4:54 pm

    Editorial in Rep Yoyo’s hometown paper – The Gainesvilel Sun

    Dear U.S. Rep. Ted Yoho:

    It has been nearly a year since you were elected to your first term in Congress. Given your Alachua County ties and two University of Florida degrees, we were cautiously optimistic that you would have a better appreciation of our community’s values and priorities than your predecessor.

    —————– (snip) ————–

    We’ve been proven wrong so far. The latest evidence is your recent comments to The Washington Post about being one of the tea-party backed Republicans who forced a government shutdown over funding for the Affordable Care Act.Maybe you just don’t care what anyone thinks, whether they be economic experts or your constituents. The Post story included you taking a call from a Gainesville resident who asked you to support a “clean” funding bill that would reopen the government. After telling the caller that you’re “working on getting something resolved” as fast as possible, you hung up and told the reporter that you would not budge another inch.

    Rather than give lip service to your constituents, it’s time for you to listen. End the shutdown and raise the debt ceiling without resorting to blackmail. If you’re so convinced that you’re right, do the right thing and go through the normal legislative process rather than threatening to cause a recession to get what you want.


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