Blythe Masters Replaces Ben Bernanke As Federal Reserve Chairman
Blythe Masters: Mr President, I am the most qualified person to replace Federal Reserve Chairman Bernanke. All Janet Yellen and Larry Summers can do is Print more dollars to support the deficit. Whereas, I invented Credit Default Swaps so who is better qualified than I am to unwind hundreds of trillions of dollars in derivatives that would otherwise bring your presidency to a sudden halt?
Obama: Saving my presidency sounds good.
Valerie Jarrett: But you would continue printing dollars to support the deficit?