As former Federal Reserve Chairman Alan Greenspan
quipped, “Quite frankly it does not matter who is president as far as the Fed is concerned. There are no other agencies that can overrule the action we take.”’
By Kevin MacDonald – Grant Smith, writing at Antiwar.com provides an enlightening account of the nomination of Stanley Fischer as Vice-Chair of the Federal Reserve (“AIPAC’s Fed Candidate Stanley Fischer on a Warpath against Iran:
Dual-citizen nominee’s lifetime benefit to Israel comes at a heavy cost to America“).
When I first read that Fischer was a possibility, my only thought was something like “Can’t we find anyone who’s not Jewish to fill a post like that?” After all, the Chair of Federal Reserve has been Jewish since 1987, Janet Yellen, the present vice-chair, will likely be the next chair, and Yellen’s predecessor was Donald L. Kohn.
Link:
http://www.lewrockwell.com/2014/08/fran ... e-banking/" onclick="window.open(this.href);return false;