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Perhaps he is passing on the job due to high inflation in Eurozone and no way to solve the problem without crashing some of the weaker members, and dragging the strong members into the sewer of putting lipstick on a pig. it is still a pig.
Who cares. We have snatched victory from the jaws of defeat. The Tweets are ringing off the wall, dating myself there.
The people who voted for this need to get an earful from you. Keep the pressure on. The momentem is on our side now.
By a vote of 277-148, the House failed to pass the extension, needed 290(2/3) Yea votes to pass- click here for the roll call vote to see how your representative voted! See list of traitors of our nation here. http://clerk.house.gov/evs/2011/roll026.xml
Thanks again for all you've done, but remember, we can't let up pressure now. This won't be the last we've heard of the PATRIOT Act renewal in the House.
FINAL VOTE RESULTS FOR ROLL CALL 26
H R 514 2/3 YEA-AND-NAY 8-Feb-2011 7:04 PM QUESTION: On Motion to Suspend the Rules and Pass BILL TITLE: To extend expiring provisions of the USA PATRIOT Improvement and Reauthorization Act of 2005 and Intelligence Reform and Terrorism Prevention Act of 2004 relating to access to business records, individual terrorists as agents of foreign powers, and roving wiretaps until December 8, 2011
Yeas Nays NV Republican 210 26 5 Democratic 67 122 4 Independent
the bankers aren't going to allow someone there who won't be another bernanke. meaning endless money , full backstop, etc.
once more the banks win over the people
He does not think ECB is a good investment in the future
IMO, Herr Weber realized that he will be able to pocket Mubarak-like profits derived from FED bailout monies to infinity. Also, easier to buy Greek islands and fortify with Krupp artillery and gut German bier with no whining about insider island buying.
The irony is he'll probably print money at Deutsche Bank.
There's no glory to be found in the ECB job now.
Make money. Pick up the pieces, look good later.
Be the bankster.
TPTB will not let a monetary hawk preside over the ECB. Period.
Notice how quickly Volker was marginalized by this Admin (only brought in to give the illusion of blanace) & then booted out as soon as it was politically possible.
I know what you mean, Volker gave the impression that the administraton was serious about the banks and the markets and then he was relegated to being seen and not heard. They know that a monetary hawk would literally destroy their ability to make money, so they shot down Volker and they pushed this guy away. When this whole thing comes apart, it will take alot of countries with it.
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