Powell for Fed Chair

It doesn't matter whether Janet Yellen has done a good job, Donald J Trump will repeal and destroy everything from former Pres. Barack Obama's legacy. Trump has done almost nothing under his administration but tries to destroy Affordable Care Act, Iranian Nuclear Deal, Paris Climate Accord, North America Trade Agreement, TPP,... gets rid of Yellen and fires FBI director James Comey. 

Trump's job is to destroy Obama's legacy. No wonder, Pres. 41 did NOT vote for him.  

Absolutely your view matters.  Mine matters.  Everyone matters that has an opinion.  It would be more hypocritical to 'abuse and intimidate' and then NOT replace someone.  Maybe after interviews, studying, and due diligence ---  Trump decided this fellow would be a better choice to suit his ideals.  It would be MORE hypocritical if the new guy does do exactly like Yellen and THEN Trump does not replace him.  I guess I just do not see it as hypocritical as much as a savvy compromise.

When you say 'zero growth' you have to allow that you have it properly defined when you say it, you have to allow that the FED could change it, and you have to allow that you would know a good change when you saw it.  

As you say, it is easy to call the shots from the sidelines.  We are all somewhat knowledgeable about what we do or do not like, or at least in our opinion we are.  For example, if we do not like the play a coach calls --- we have an opinion about what we think would have been a better play.  AND if we do not like a coach we think he should be replaced AND we also have an opinion,usually, about who should be the replacement.  AND when we see who the owner chose as the new coach we also think he chose the right or wrong coach.  We also, if we have more than a casual interest, have an idea of who the owner should have chosen instead --- if we disagreed with the owner's choice.

I see it the same here --- if we are someone that keeps up with business, economics, or politics, etc.  Or else we seem like a disgruntled fan that just hates ownership.  So you have to understand why someone asks a simple question about who your choice is when you SEEM to care about the subject.  We all know by now you do not like Trump.  So, it could be taken like that in this instance also.

Reference was how Japan has gone for two decades with little to no growth with their central bank buying their gills full of government paper AND propping their markets.

If the FED does not unwind into what little growth we have, then what happens when either a shock comes or growth slows to less than inflation? The FED will not only have to do more but they were unable to unwind this decade long accumulation. Powell does not have any history of unwind philosophy, unlike some other FED heads, I've not seen anything from him in what he writes or comments on that suggests he is different than Yellen, in fact it is my opinion he could be even more dovish..

The longer rates are extremely suppressed the more debt the government will think they can float, the more corps will lever and the more addicted the economy becomes on these rates and the greater the odds of growth will decline.

My point wasnt about the choice...Powell is a status quo pick, much like Yellen was after Ben, keeping things going as they are/were.

My point is about Trump and his decision making, that he is a hypocrite for blasting the FED and Yellen and keeping things as they were previously. It is disingenuous and phony. I dont mind if someone is outlandish with their style. I do mind when someone is openly abusive and disgusting like Trump is, but Sanders is similar in his extreme views relative to the norm and if he were president and pulled the crap Trump has, I would be saying the exact same thing.

OR...if the clown would come out and own up to his mouth and retract his moronic abusive treatment and admit that he did not understand how things function and that he maybe should not have been as abusive that changing the process is a slow and tedious process..I would have SOME respect for that...at least owning up to your abusive destructive attacks might mean something.

Powell being chosen isnt the issue, his status quo approach isnt the issue, Trump is the issue. Dont come and bash someone and make claims then fail to fulfill when you are in charge.

So, he had to make a change --- but had to choose from a limited few.  So, in that instance you would say he went status quo --- no matter who he picked.

I'd rather he went out on a limb and the person was not approved...at least that would be some REMOTE attempt to do even a LITTLE of what he campaigned on...even if the pick gets tossed out, someone that represented a small part of what Trump blasted about would be better than this guy.

I am not sure why you are stuck on if the person is an economist or not, the issue is of how the person will lead policy and rate decisions....and there is nothing I see from Powell that gives me any indication he will stray from the status quo. The ONLY teeeny tiny blip is he wants to remove small banks from the Dodd Frank rules, but who knows what the guy really thinks because until now his part in the game has been just a cog in the machine.

If you campaign in extremes then you need to act in SOME way similar to what you lie to your voters about to get elected. Trump will say whatever he thinks even if he does not back it up with action or in how he makes decisions. And that is mega hypocritical. 

As I said, if Sanders were elected and he did not take action on his platform promises (as in many cases they are pretty extreme from the norm) I would take issue..but Sanders does not go and personally attack those he disagrees with even to a remote fraction of how our disgusting pathetic president does.