We are no better than them

[grantcart]

89. I understand that you have difficulty following more complex points

and anything that doesn't fit your preconceived position so let me put it point by point.

What we know to be facts are:

The President didn't in fact appoint Summers.

Summers was "an" adviser, not "his most trusted" unless you now claim to have special access to his inner thought processes.

The President has appointed a number of people to handle various positions in the finance field. Among others the President appointed Elizabeth Warren as a special assistant to develop the Consumer Financial Protection Bureau, something that the President made a major priority but I don't think was a particular priority for Summers. Your hyper anti-Obama cognitive dissonance causes you to exaggerate the importance of Summers who you dislike and amnesia about the appointments that you favor.

Beyond the questions of policy the FED operates from a very unique consensus deliberative body. It would make little sense to appoint any confrontational personality to the FED because it would be counterproductive in the long term. All you have to do is see the President's appointments to the Supreme Court to understand that the President understands the need certain institutions have for consensus rather than confrontational personalities.

Given the fact that any appointment to the FED is going to get a certain knee jerk reaction (see for example the reaction to Bernanke http://www.huffingtonpost.com/2009/12/01/ben-bernanke-confirmation_n_375139.html ) the Summers nomination moved the liberal community to strongly endorse Yellen even though there are no significant philosophical difference between her and Bernanke.

For the record there isn't any element of "conspiracy theory" in anything I have suggested. The practice of putting out a 'trial balloon' as a preliminary step to frame another action down the road is rather common place and requires no conspiracy.

Of course no one knows the exact reason a trial balloon is floated. If, however, the long rumored appointment of Summers (which was inaccurately reported here as a 'done deal') was intended as trial balloon to better frame a Yellen nomination, then it will have succeeded.