They’ve also noted that Obama is more than sufficiently petulant to reject Yellen out of spite. Country be damned. Their best guess for the new Fed chair is Roger W. Ferguson Jr., who’s generally well regarded, a neo-Keynesian, and most importantly — he’s African-American.

With Obama, always bet on narcissism and identity politics.

That said, the Ivies are even worse.

I know folks here Down South who tell their kids they may not attend Haavaad even on a full scholarship. I’m with them. Vanderbilt, where my two younger went, is bad enough, but nothing like Haavaad.

Thank goodness he was passed over for the Fed. Given his temperament, he had the potential to do as much damage to the world as Robert McNamara.

Arrogant intellectual dictators are loathed. The various members of ‘the peerage’ have fantastic clout back home — as in direct access to their Senators and Representatives.

THAT’S where the ‘kick’ came from.

These power brokers made it clear that under no uncertain terms, Summers was a man that could never be suffered. He’d give the regional bankers the ‘high hat’ and that would be that.

Summers only worships his own math. It’s understandable. He really is a genius. Unfortunately he still credits theories as true that are not true.

This was the source of his Harvard investment acumen. These days the math wizard is the laughing stock of Wall Street, which is a mill stone around his street cred.

Yes, Wall Street rejected him, too.

Wall Street hearts Yellen — big time. She’s punched all of the right tickets on her way from the inside.

Barry is hoping to find a raving money-printing fool that he can slip past Congress. Someone who, against all logic, does not disdain Barry’s arithmetic. (He can’t do long division — nor, apparently, sums.)

Anything beyond the number 1 is too much for Barry. He has so much invested in number one that he’s always looking out for number one.

Artyd: “…nothing is better than pudendas on parade..” Okay, Kid, ya FINALLY got me!! ROTFLMAO..!!