2008-10-07

 

Next United States Treasury Secretary / Federal Reserve Chairman

My choice for the next United States Treasury Secretary / Federal Reserve Chairman:

Either:

William H. "Bill" Gross
- Pacific Investment Management Company (PIMCO)

or

James "Jim" Grant - "Grant's Interest Rate Observer"

I wanted these guys after Alan Greenspan for Federal Reserve Chairman, but I didn't get that, they put in Ben Bernanke, an academic instead.

And, they put in a Goldman Sachs guy (Henry Paulson) for Treasury Secretary instead. Boy, did he take his money and run from the Wall Street credit crisis.

I seriously doubt Warren Buffett wants the job. 1) He has a better job, 2) His age, and 3) The politicians won't do the tough things that he would want to do to fix government.

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