Bad Idea ~ Obama May Consider Summers as Bernanke Successor
Bernanke was cleaning up Greenspan/Clinton/Bush/Paulson mess.
Bernanke is the right Chairman for long time.
Any new Chairman would make the similar decision given the situation in which he was brought in. As we know, we have strong Political force manipulating different positions in our political system.
Bernanke is taking the blame for excellent job which he did -- given the extremely bad situation which he was brought in. Bernanke did what he could do and what he had to do under the given circumstances which he brought into. Larry Summers is worse.
Choosing Larry Summers will be a terrible, horrible mistake.
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