Tuesday, June 09, 2009

The Next Fed Chair: Bernanke vs. Summers

Last night we discussed the real meat & potatoes portion of yesterday's New York Times story ("President's Economic Circle Keeps Tensions at a Simmer") which is who's going to get the nod for Fed chair come January -- Ben Bernanke or Larry Summers. As I wrote yesterday, I'd take Summers and old King Dollar.

Joining Rick Santelli and me were two old friends and economic heavyweights, Steve Forbes and Art Laffer.