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Economy Nearing Carter-Era Catastrophe – Volcker Present Again

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Rich Mitchell is the Sr. Managing Editor of Conservative Daily News. His posts may contain opinions that are his own and are not necessarily shared by Anomalous Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and

2 comments

  1. Quick, anyone remember who appointed Volcker to the Fed?

    • Jimmy Carter nominated Volcker in as Chairman of the Board of Governors of the Federal Reserve. Congress approved it.

      Volcker was appointed as Deputy Undersecretary of Monetary affairs in 1963 – during John F. Kennedy’s presidency.

      Volcker is currently enjoying an assignment as a Presidential adviser at the request of President Obama.

      All of Volcker’s major nominations were made by Democrats.