FED Chair Up for Grabs

Scanning through the political blogisphere, I stumbled upon a great Politico article regarding the upcoming appointment of the new chair of the United States Federal Reserve.  The content of the article, easily the best and most important part, pinpoints a list of candidates who are in the running to fill the seat.  Missing from said list is former Treasury Secretary Larry Summers, the architect of the financial deregulation of the derivative market in the early 2000s.  Liberals have long been crying the praises of current Vice Chairwoman Janet Yelen as the prohibitive favorite and it appears she will be most likely to get the nod.  Yelen, along with a personal hero of mine Elizabeth Warren, have a long history of pro-regulation policy.  The culture of deregulation that was started as far back as the Reagan administration, and culminating in the Clinton administration, is almost fully responsible for the financial crisis that ravaged our economy in 2008.  Lets just say Glass-Steagall is the most important piece of legislation to ever be overturned in our Nation's history.

To augment the actual content of the article, Politico provides nice interactive features allowing you to broadcast this article to all of your friends via social media.  The instant visual appeal to me isnt there, but I dont read articles for the visual appeal, I read them for the meat and potatoes, so that didnt bother me.  However, even for one who doesnt enjoy the bells and whistles of internet articles like me, the interspersed related articles was truly a nice touch.  In between every few paragraphs, politico provides links to stories with similar content, and a litany of blogs.  I highly recommend using politico for all those political junkies out there, not just for the aesthetics, but for the actual content of their message, which to me is most important.