We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
"There are reports that the White House will nominate former Israeli central bank chief Stanley Fischer to serve as deputy Fed Chair, taking over the job Janet Yellen will vacate when she becomes chair."
I know nothing about the guy. All I care about is they find a competent person who is not willfully trying to destroy the US economy. If he is Obama's choice, it's hard to see the appointment as being good for the America we want. Look at his other appointments – mostly leftist radicals and America-hating scum.
If this happens, we will be hearing a lot about "jewish bankers," one with a direct connection to Israel, no less. Brace yourself.
Stanley Fischer is an excellent economist and central banker, perhaps the best in the world. He is a man of sound judgment and has sufficient political skill to operate in the central banking realm. I am very pleasantly surprised that he is being nominated, it is the best economic news out of this Administration to date. Even though he will be only one member of the Federal Reserve, I expect him to be quite influential and a positive influence on US monetary policy.
Fischer was the head of the Israel Fed for the past few years, but was involved in Israeli economics since the Israeli inflation of the 1980s He is a quiet genius, who studied Hebrew to be fluent at work.
He gave a brief talk in which he described his childhood in Zambia as the only Jewish family in the town (parents were refugees from Eastern Europe; father opened a dry good s store.) At 12, when there were no teachers for bar mitzvah in Zambia, he was sent to live in South africa to study for his bar mitzvah. After high school, to London , then MIT where he taught Rubin and others.