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Dodd Says Bernanke May Not Be Confirmed Before Christmas
Per the WSJ, looks like this whole "halting" thing may be useful after all.
WASHINGTON (Dow Jones)--Senate Banking Committee Chairman Christopher Dodd, (D, Conn.) said Thursday that a vote to confirm Federal Reserve Chairman Ben Bernanke to a new term may not take place before Christmas.
Asked if he anticipates a confirmation vote on a second term for Bernanke, Dodd told reporters, "I don't know. We'll try. I have to talk to my colleagues."
Dodd spoke to reporters as he left the hearing on Capitol Hill, which is winding down as Bernanke takes a final question or two.
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Look'a busy! Look'a busy!
They have to get him confirmed before this pile of shit hits the fan. They need him to bail out Wall Street again
Awww, too bad... and it looks like his pals the TBTF's aren't really hap hap happy about that
the uncertainty will bring pain to the market in the interim, shalom to the rescue via an emergency confirmation vote on Christmans Eve
How does the hold in committee work? If Sanders and Bunning try to put the confirmation on hold, is it within the committee rules for Dodd to override their hold? Is there some sort of Senate colleague protocol that would cause Dodd to hesitate?
If there's a hold, they need 60 votes in the Senate to override it and bring the nomination to a full Senate vote.
Think filibuster and attempted override.
Otherwise, they just need 51 votes.
Wow. This is great. Woulda never guessed this could happen. But I also said RPs Audit bill would never get more than 10 cosponsors. Ha.
Americans are beginning to pay attention...the Rasmussed poll is something politicians paid attention to.
And, sending emails and phoning their offices does make a difference.
I agree with you Vegas, this is great. Even if that fecal matter Bernanke gets back in, a strong message has been sent to Obama and his ratings are dropping like a stone.
Woah. What happened to the market?
As Max Keiser has stated so often, the real terrorists are on Wall Street.
I think he has been a little more specific than that.
85 broad street. BOMB HERE. LOL
That had to be his best show!!!!!
I'm guessing per by aint no fortuna...
on Thu, 12/03/2009 - 15:27 that somebody's having a bit of a temper tantrum?
I believe it was an enema.
I called my senator and resorted to begging that he review bernankes statements while he has been fed chairman, and asked for a written response as to which one of the fed chairman's statements that the senator believed worked out as anticipated by bernanke...
keep the pressure on and thank you.
This is just a glimpse of what would happen if he were not confirmed. Take today's dump and multiply by 5.
so are you saying look out for a 45 point drop in the S&P if BB is not confirmed, or should I be extrapolating the drop that took place over the last 40 minutes?
So what? If you're short you'll do fine. If you're not then tough.
But getting rid of this weasel, the lap dog of Lord Blankfein will be worth it, as long as his replacement has no allegiance to the Primary dealers.
Actually, a corpse would be better, even it's Benny's.
Banana Ben made a cell phone call from the lobby to the Fed IT and told them to dump stocks "as a shot across the bow" to the senators. "That'll show 'em." He was overheard saying as he left.
If this clown gets confirmed our entire system will be viewed as a joke for a very long time to come.
How about changing the appearance that the whole thing is a hybrid casino/pyramid scheme? Get a fresh face who spews some hope and change rhetoric and the consumer robots may just fall for it.
I sure hope they mean Christmas 2030.
It was soft porn...what a bunch of whores! I pray that Dodd gets the boot. He has zero integrity and pathological liar. He is AIG.
Well you can help. Get out your checkbook and send a contribution to one of the people running against him.
http://schiffforsenate.com/
http://www.linda2010.com/
http://www.joinrobsimmons.com/
Oooo. Now THAT is a really helpful and useful post. Thank you.
I recommend Schiff, can you imagine him grilling Bernanke? it would be awesome.
Linda McMahon would just be another tool of the elite. Dodd would be a better choice than her.
Don't know much about Simmons, but his time at the CIA turns me off.
......furious right now!
I just sold gold to pay bills. I'll join you in your furious after my happiness buzz wears off.
Extend and Pretend. It works in all cases in D.C.
I know you are checking in here Senator Schumer.
Pressure is on. New Yorkers know what is going on and most of them don't work for the FIRE group......
I wonder how much longer he will take this before deciding enough is enough and quit.
(With apologies for my language, as am usually a more reserved gentleman yet the times they are a-changin').
Two word for Heli Ben:
FUCK 'EM!
When their stealing FOOD from your kid's mouth, FUCK,FUCK,FUCK,FUCK Them...
Is there a problem with my language??????? Well then fuck you too...
Hey Geopol, They're
You need a hobby..
Hey, spell checker, get a real hobby.
Bernanke has been a gold bugs best friend,, would hate to see him go.
Chris dud
"I don't know. We'll try. I have to talk to my colleagues."
He doesn't know?? I'll try?????I have to congeal our lies....
I'll get back to you.... We are fucking dupes
Get rid of these parliamentary thieves...
This is not just a vote on Ben...its a vote on the President. If he cant get Ben through; the Afgan mess; healthcare mess and so on.....then I believe you will see the beginning of the end of this Congress
The keystone cops are circling the wagons and it looks like the stress test delay
Keep e-mailing and calling your senators, especially if they serve on the Banking Committee:
http://banking.senate.gov/public/index.cfm?FuseAction=CommitteeInformation.Membership
Let them know their votes are being closely watched.