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Will President Obama replace Ben Bernanke as Chairman of the FED, during his first term?

Background: http://en.wikipedia.org/wiki/Chairman_of_the_Federal_Reserve

If Bernanke is replaced prior to the next President being sworn in, VOID.....If Bernanke dies or quits, it settles as yes.

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
Yes
14%
No
86%
Question suspends in 2 years

Suspend date: Mon 14th Jan 2013 11:59pm PST (2 years to go)

Initial likelihoods: Yes: 20%

Action history:

Suspend date: Mon 14th Jan 2013 11:59pm PST (2 years to go) details

 

Predictions (63)

3 days ago
black_swan predicted No (H$100 at 86%)
7 weeks ago
kruijs[Power User] predicted No (H$500 at 85%)
7 weeks ago
bbadenov predicted No (H$20 at 69%)
8 weeks ago
bigken1 predicted No (H$50 at 65%)
8 weeks ago
dnicolo1 predicted No (H$100 at 46%)

Comments (7)

  1 xcitnite
Who would not replace this clown Bernanke?
posted 1 year ago
  2 curios
as read this implies that Obama will replace Ben Bernanke
posted 1 year ago
  3 lola
Senate Dems Not Sure They Can Get Enough Votes to Reconfirm Bernanke
January 21, 2010 | ABC News

Amidst the voter anger at Wall Street and Washington, D.C., ABC News has learned that the Senate Democratic leadership isn't sure there are enough votes to re-confirm Ben Bernanke for another term as chairman of the Federal Reserve. Bernanke's term expires on Jan. 31. The White House did not respond to many requests for comment.

http://blogs.abcnews.com/politicalpunch/2010/01/senate-dems-not-sure-they-can-get-enough-votes-to-reconfirm-bernanke.html
posted 8 weeks ago
  4 lola
Opposition To Bernanke Growing In Wake Of Mass. Vote
January 22, 2010 | Huffington Post

More sharks are circling around Ben Bernanke's nomination for a second term as chair of the Federal Reserve. On Friday morning, yet another Senator -- Russ Feingold (D-Wisc.) -- announced that he will vote 'nay' on confirmation. "A chief responsibility of the Chairman of the Federal Reserve is to ensure a sound financial system," read a statement issued from the Wisconsin Democrats office. "Under the watch of Ben Bernanke, the Federal Reserve permitted grossly irresponsible financial activities that led to the worst financial crisis since the Great Depression.

http://www.huffingtonpost.com/2010/01/21/opposition-to-bernanke-gr_n_431315.html
posted 8 weeks ago
  5 dnicolo1
Would this also be a "Yes" if he does not get confirmend by Congress?
posted 8 weeks ago
yes, because if he is not confirmed by the senate then obama will be forced to replace him
posted 8 weeks ago

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