Janet’s Yellen at Ben for Quitting the Bernanke – Shalom!

Brett Light
Daily Stormer
October 10, 2013

Janet Yellen, the new Jew Fed Chairwoman
Janet Yellen, the ‘new Jew’ Fed Chairwoman

The big Jewish reshuffle at the Federal Reserve sure is exciting stuff! We were all holding our breath, wondering who the Jews would pick!

Janet Yellen, a Jewess, is now officially the pick of the litter, since Larry Summers (another Jew) withdrew from contention last month. Yellen will be replacing the Jew Ben Shalom Bernanke, continuing the tradition of Jews exclusively occupying the position of Fed Chairman. Bernanke took over from Alan Greenspan in 2006, and Greenspan took over from Paul Volcker in 1987 (both are Jews, of course).

Even though the Chairman of the Fed is just a figurehead position, it shows how the Jews only trust their own tribe to occupy the leadership role. It is interesting to note that the real rich and powerful Jews who own the Fed are confident enough of their power that they do not feel the need to put a token ‘Goy’ in the Chairman role.

The Jewish media is convulsing in orgasm over Janet’s appointment.

The New Yorker gives their praise:

In the coming days, there will be much more to say about Yellen’s economic beliefs, her approach to monetary policy, and the challenges she will face in taking over from Bernanke next February. (Earlier this year, when her name surfaced as a serious candidate, I took a quick look at her background.) For now, though, let’s dwell for a moment on the fact that she will be the first woman to lead the Fed. Indeed, if you don’t count Russia as part of the West, she will be the first woman to head a central bank in any big Western nation.

That matters in a number of ways.

On a trivial, but not entirely inconsequential, level, Yellen’s extra X chromosome will ensure that she receives more public attention than your average gray-haired, male central banker would. People who work in the financial markets hang on every word that a Bernanke or a Greenspan mutters. But most regular folk don’t take much notice of central bankers except when they raise interest rates or bail out a stricken financial firm. Yellen, like Christine Lagarde, the Frenchwoman who took over the International Monetary Fund, in 2011, will be looked at a bit differently. However much she tries to avoid it—and she will probably try pretty hard—she will be regarded as something of a celebrity.

And there’s nothing necessarily wrong with that: she deserves the attention. Ever since 1962, when she graduated from Fort Hamilton High School, in Bay Ridge, Brooklyn, she has been leaving her mark in fields that traditionally have been heavily male-dominated: the economics profession, the world of offering policy advice to politicians, and, finally, central banking.

In all of these areas, Yellen has made significant contributions that amply qualify her for the Fed post. This doesn’t mean that she has hitherto been an absolute standout in every area. As a professor, she wrote some innovative and influential papers about unemployment and other subjects, bravely resisting the conservative orthodoxy that conquered U.S. economics in the nineteen-eighties and nineties. Still, purely in terms of academia, her husband and occasional co-author George Akerlof, who shared the 2001 Nobel Prize, partially eclipsed her. When it came to gaining the ear of Presidents and other powerful politicians, Summers and others have (until recently) often proved more adept. Inside the Fed, Yellen has long been widely respected for, among other things, her smarts, her relatively early recognition of the dangers of the housing bubble, her forecasting record, and her ability to translate complicated issues into readable speeches and presentations. Inevitably, though, she has been overshadowed a bit by Bernanke and his predecessor, Alan Greenspan, who was chairman of the central bank back in the mid-nineties, when she was first appointed to its board of governors.

[…]

“Tonight, I feel reassured that my daughter’s economic future is in good hands,” Justin Wolfers, an economist at the Brookings Institution, wrote in a Bloomberg column hailing Yellen’s appointment. “I also plan to tell her that she, too, can grow up to become the most powerful economist in the world.”

Justin Wolfers at Bloomberg is also very happy about Janet Yellen:

Yellen is quite simply more qualified for the job than any of her predecessors. She’s an imaginative and technically adept economist possessed of a brilliant and precise mind. As a researcher, she has made fundamental contributions to our understanding of unemployment and the importance of smoothing out the ups and downs of the economy. She has demonstrated an ability to navigate political corridors, having served successfully as the chairman of President Bill Clinton’s Council of Economic Advisers.

She’s also battle-tested, having worked in key policy roles through both the Asian financial crisis and the recent global financial crisis. She has spent most of the past two decades as a leading voice within the Fed, initially as a member of the Federal Reserve Board of Governors, then as president and chief executive officer of the San Francisco Federal Reserve Board, and over the past four years as vice chairman of the Federal Reserve.

No Fed chairman has ever been subject to as robust a public vetting as Yellen has over the past two months. It’s notable that through the drawn-out public debate over who should replace current Fed Chairman Ben Bernanke, not a single economist who has ever worked with Yellen has had a bad word to say about her.

Finally, the Washington Post gives us 9 thrilling facts about this glorious Jewess:

1. She is perhaps the most qualified Fed chair in history.

2. She’s been a powerful voice for the unemployment hawks on the Fed.

3. But she’s more than willing to crack down on inflation when the situation requires it.

4. She’s pretty darn good at predicting where the economy’s headed.

5. She likes rules-based policy — and at least used to show support for targeting nominal GDP.

6. She doesn’t want to use monetary policy to pop bubbles.

7. She’s served with much of the Obama administration before.

8. Her husband will be one of the more interesting First Ladies/Gentlemen the Fed has ever seen.

9. She owns, like, a lot of stamps. Or at least really valuable ones.

Well, I’ve had enough of this Jewy affair for now, although it is entertaining! You gotta laugh sometimes. The Jewish control of U.S. Finance, and therefore the entire country, is so obvious, it is beyond belief that people can’t work this out! It would be funny if it weren’t so sad.