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	<title>Comments on: LInks 3/7/08</title>
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		<title>By: cansarnoso</title>
		<link>http://www.nakedcapitalism.com/2008/03/links-3708.html#comment-4821</link>
		<dc:creator>cansarnoso</dc:creator>
		<pubDate>Fri, 07 Mar 2008 11:43:00 +0000</pubDate>
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		<description>only wasps would blame it all on the frogs (and the ft who were unable to hold their afx newswire jont venture with afp together)</description>
		<content:encoded><![CDATA[<p>only wasps would blame it all on the frogs (and the ft who were unable to hold their afx newswire jont venture with afp together)</p>
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		<title>By: doc holiday</title>
		<link>http://www.nakedcapitalism.com/2008/03/links-3708.html#comment-4814</link>
		<dc:creator>doc holiday</dc:creator>
		<pubDate>Fri, 07 Mar 2008 08:25:00 +0000</pubDate>
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		<description>Yves,&lt;br/&gt;&lt;br/&gt;Are you aware of this:  Poole is an influential Fed official who voted against the central bank&#039;s emergency rate cut of three quarters of a percentage point on January 22. He does not currently sit on the rate-setting Federal Open Market Committee, however, and he is retiring from the Fed shortly after next month&#039;s meeting.&lt;br/&gt;&lt;br/&gt;Retiring!&lt;br/&gt;&lt;br/&gt;As you may recall with my latest heart attack posts related to Warsh, we have a Fed Board with 5, versus 7 members.&lt;br/&gt;&lt;br/&gt;Without going back to notes, all 5 have been appointed by Bush and IMHO, Warsh is highly inexperienced, so with Poole retiring......isn&#039;t this an Oh My God Moment, having less than 3 members to cover the overload of chaos??&lt;br/&gt;&lt;br/&gt;Drama aside, what is your opinion on this????</description>
		<content:encoded><![CDATA[<p>Yves,</p>
<p>Are you aware of this:  Poole is an influential Fed official who voted against the central bank&#8217;s emergency rate cut of three quarters of a percentage point on January 22. He does not currently sit on the rate-setting Federal Open Market Committee, however, and he is retiring from the Fed shortly after next month&#8217;s meeting.</p>
<p>Retiring!</p>
<p>As you may recall with my latest heart attack posts related to Warsh, we have a Fed Board with 5, versus 7 members.</p>
<p>Without going back to notes, all 5 have been appointed by Bush and IMHO, Warsh is highly inexperienced, so with Poole retiring&#8230;&#8230;isn&#8217;t this an Oh My God Moment, having less than 3 members to cover the overload of chaos??</p>
<p>Drama aside, what is your opinion on this????</p>
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