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5/1/10

Why does the media love Obama's Federal Reserve pick?



The muckety map reveals relationships at play.

Janet Yellen, Obama's pick for vice chairman of the national Fed, will "steer the Fed out of an unprecedented level of monetary stimulus and defend the Fed's regulatory capabilities before a skeptical Congress" cheers Washington Post.

She has connections to Time Warner, Viacom, Bill Clinton, and various powerful groups. Also, she has donated heavily over the years to the DNC and to John Kerry.

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