January 14, 2014

Stanley Fischer's nomination a Victory for Women

If you've been following the news lately, you'll know that one of the most important issues in the world, perhaps second only to transgender awareness, is The War on The War on Women. As you hopefully have been informed, men and women are two separate species locked in an endless zero sum war of attrition, so it's very, very important for society to focus on promoting women, and not get distracted by irrelevant details about precisely which women get promoted. The women getting the really good jobs aren't doing it for themselves, they're doing it to make the world better for all of us.

Stay focused, people.

For example, it was extremely important that Janet Yellen rather than Larry Summers get to be the Chairperson of the Federal Reserve Board because they come from such wildly different backgrounds: she was a girl and he was a boy. We're talking diversity. Similarly, if you've been paying attention to the news, you know that it's crucial that Sheryl Sandberg's Silicon Valley career thrive.

You go, girl!

From Fortune:
What Facebook's Sandberg shares with the Fed's next vice-chair 
By Patricia Sellers January 13, 2014: 11:38 AM ET 
Facebook exec David Fischer and his dad, Fed choice Stanley Fischer, are both well-suited to work for powerful women bosses. 
FORTUNE -- Sheryl Sandberg must be the most politically connected executive in Silicon Valley. 
There she was in Washington, D.C., last month when President Obama hosted a powwow with tech honchos at the White House. 
Fifteen years earlier, the Facebook (FB) COO served as chief of staff to Larry Summers when he was Treasury secretary in the Clinton administration. 
And last year, when Summers was being considered to chair the Federal Reserve, Sandberg leaned in to support him. 
Sandberg's mentor didn't get the Fed job—it went to Janet Yellen. But now it appears that Sandberg will have one degree of separation from the next No. 2 at the Fed. Obama's choice to be the Fed's next vice-chairman is Stanley Fischer, whose son David is Sandberg's longtime deputy. 
David Fischer is VP of Advertising and Global Operations at Facebook. Before Sandberg lured him to Facebook in 2010, he spent more than seven years working for her at Google (GOOG), helping her build a 4,000-employee ad operations group—and taking her job as VP of online sales and operations when she left. Famously thoughtful, calm and unflappable, Fischer first earned Sandberg's praise when he worked for her at Treasury. 
Like son, like father? Apparently. The elder Fischer, whom Sandberg indeed knows, is renowned as a low-key, low-ego, and evenhanded economist—the same rep that Yellen has. Once Ben Bernanke's thesis adviser at MIT, Stanley Fischer, 70, has been the World Bank's chief economist, the IMF's No. 2, a Citigroup (C) vice-chairman, and the head of the Bank of Israel, where he steered the central bank through the 2008 global economic crisis with remarkable finesse. 
That's such an impressive resume that some people doubted that Fischer would agree to be No. 2 at the Fed--but Yellen reportedly pushed the White House to ask him. If he's confirmed, Fischers father and son will be working for two of the most powerful women in the world.

And that's what really matters.

57 comments:

Anonymous said...

This must that meritocracy that some argue is really in play here. Until we see a Chinese, Indian etc. banker as head one day, this little circle of nepotism can be called anything by meritocratic.

Anonymous said...

Famously thoughtful, calm and unflappable, Fischer first earned Sandberg's praise when he worked for her at Treasury.

He's such a nice guy.

Like son, like father? Apparently. The elder Fischer, whom Sandberg indeed knows, is renowned as a low-key, low-ego, and evenhanded economist—the same rep that Yellen has.

O, goody! It just doesn't get any better! I'm so excited for us all!

Did this article come from the business section of Seventeen or Cosmo?

Anonymous said...

Girls just wanna have fun!

Anonymous said...

he spent more than seven years working for her at Google (GOOG), helping her build a 4,000-employee ad operations group

The Pennsylvania Railroad used to have more guys than that just to clear ice from the switches of its northern rail yards.

Anonymous said...

http://blog.foreignpolicy.com/posts/2014/01/13/5_things_to_know_about_the_islamist_empire_trying_to_take_down_erdogan

Anonymous said...

Hire Gulen as the secretary of state or secretary of education.

And please... no controversy

J said...

Stanley Fischer is the first African-American (born in Zimbabwe) that reaches the higher echelons of finance. Not a half-breed prince. Why is Steven Sailer campaigning against him?

Anonymous said...

Did this article come from the business section of Seventeen or Cosmo?

Stanley Fischer's Top 10 SEX MOVES!

What Your Board Members REALLY WANT

Top 10 Stockholder Desires

Anonymous said...

http://blog.foreignpolicy.com/posts/2014/01/13/5_things_to_know_about_the_islamist_empire_trying_to_take_down_erdogan

"Gulenist school advocates have said that they are based on Gulen's teachings... they said, schools are based on the vague, mystic adages of Gulen that 'whomever is not everywhere is nowhere' and that 'you must be globalized to be localized.'"

Sheeeeeeeeeeiiiiiit.

Like some other people we can mention.

George said...

Holy shit, everyone is insane.

George said...

"This is so wonderful. Really powerful people who control all your data also control all your money. The world is getting so progressive!"

People actually... buy that BS? Wow.

Anonymous said...

"but when Gulen approached Istanbul's chief rabbi in 2005 for a letter of support to help Gulen extend his stay in the United States, the rabbi told U.S. officials in private that he was wary of the movement's ultimate intentions."

OMG, how could the rabbi be such a rabid antigulenite!

Anonymous said...

http://www.foreignpolicy.com/articles/2014/01/10/deja_vu_and_paranoia_in_the_deep_state_turkey_erdogan_gulen

Anonymous said...

Deep state needs a sheep state.

Anonymous said...

This must that meritocracy that some argue is really in play here. Until we see a Chinese, Indian etc. banker as head one day, this little circle of nepotism can be called anything by meritocratic.

The reality is that it will be called meritocratic until we see other type of people occupy these posts at which point it will be called nepotistic, the "old boys club", etc.

Anonymous said...

If he's confirmed, Fischers father and son will be working for two of the most powerful women in the world.

This is supposed to be an example to you guys out there, if the Fischers can take orders off two of the world's most powerful women you can too!

Anonymous said...

The appointment of Fischer seems like they want to have some "adult supervision"

Anonymous said...

also obligatory
"women and minorities hardest hit"
reference

Anonymous said...

http://www.foreignpolicy.com/articles/2014/01/13/something_rotten_in_the_state_of_denmark_maersk_food_aid_reform

Yeah, Denmark is the BAD guy!

Btw, if Fischer is such a wonderful guy, has he said anything about the plight of Palestinians living under Ziotheid? Surely, such a humanitarian would not be an arch-nationalist but a compassionate internationalist sensitive to the needs of worst off members of society in Israel/Palestine.

I'm sure he cares about us as much as he cares about Palestinians. He loves all of us.

Anonymous said...

This is nothing but a Sheryl Sandberg PR piece. Pattie Sellers might as well go write PR copy for Facebook, perhaps that's the job she really wants.

Anonymous said...

http://www.theguardian.com/film/2014/jan/13/golden-globes-woody-allen-mia-farrow-tweet

We are told that Polanski is a great humanitarian too.

Anonymous said...

http://www.foreignpolicy.com/articles/2014/01/13/call_off_the_sainthood_of_ariel_sharon

This and other examples of the handiwork of the architects of the Israeli invasion of Lebanon, preeminent among whom was Ariel Sharon, failed to make it into most of the hagiographic coverage of the man's passing in the American and Israeli media. We were instead told that Sharon was "controversial," and that Palestinians had criticisms of him, but that he was a "hero," a "staunch defender of Israel's security," and most grotesquely, "a peacemaker."

Anonymous said...

http://dealbook.nytimes.com/2014/01/13/secretive-apple-squirms-in-gaze-of-u-s-monitor/?smid=fb-nytimes&WT.z_sma=DB_SAS_20140114&bicmp=AD&bicmlukp=WT.mc_id&bicmst=1388552400000&bicmet=1420088400000

....is Apple too white male or too white gentile male?

I don't see the gov going after google this way.

Anonymous said...

"Secretive Apple Squirms in Gaze of U.S. Monitor"

secretive? squirms?

I suppose the decision to appoint Fischer was totally open and fair.

David said...

Mediocrity in charge but don't worry - there's a nice man in the background quietly making sure everything works (?).

Think of the figurehead of a ship piloted by some servile competent (?) honest (?) captain.

Our leadership is a joke. Hell, look at Obama, and wait till we have Hillary.

Anonymous said...

Let's talk about sex baby.

(but let's not talk about race, or else)

Gordo

Anonymous said...

Wow, what a puff piece for Fortune.

Anonymous said...

O, goody! It just doesn't get any better! I'm so excited for us all!

Did this article come from the business section of Seventeen or Cosmo?


Yes, all business magazines have been feminised. I miss Malcolm Forbes and Caspar Weinberger.

Anonymous said...

……(\__/)
……(=’.’=)
…☆(”)_(”)☆

★⋰⋱YaY MeRiToCrAcY GiRl PoWeR!⋰⋱★

Anonymous said...

I thought his statements regarding his continued loyalty to Israel were the biggest disqualifying factor, but having a son who's an executive at Mark Fuckerberg's Facebook is even worse. Few companies, if any, have ever so openly and rapidly embraced unethical behavior as quickly as Facebook has.

Unanimous said...

This Patricia Sellers must be the personal lapdog of Sheryl Sandberg. Fortune has sunk low and Henry Luce must be rolling in his grave.

Anonymous said...

Despite being a Brown (pits of the IV league) graduate, Janet Yellen was not a national merit scholar. Ben Bernanke was. So we go from a >136 IQ Fed chairmen to a <= 136 Fed chairman who, for all we know, got a sub-700 math SAT.

Anonymous said...

this little circle of nepotism can be called anything by meritocratic.

Oh come on. It's a Jewish Meritocracy. Surely you don't expect that they would give the jobs to dumb Jews?

Mr. Anon said...

So, a government employee gets a job at a large spy-agency that makes money from advertising. She then hops to another spy agency that makes money from advertising, taking her deupty with her. Her ex-boss wants to become Fed-chairman, but he can't because he once said something that was true, so he insists that his ex-boss, who is the deupty's father, become deputy chairman (and likely eminence grise of the Federal Reserve), despite the fact that he serves a foreign power to which he owes his primary loyalty. All these people have had well-paid jobs thier entire adult lives in non-productive enterprises that involve pushing paper, influence peddling, and advertising. They also all happen to belong to one particular ethnic group.

This is called "meritocracy".

Portlander said...

I can't believe anyone believes Facebook is anything other than a govt-funded front organization.

ATBOTL said...

This is what ethnic-networking looks like.

Notice that these people lavish praise on each other at every opportunity.

Can you imagine this kind of fawning, hagiographic reporting on a white nominee to such a high position?

Anonymous said...

Who gives a damn about Fischer when Nam cops are now given a license to kill poor whites around the nation?

No outrage by the whites, including the posters here .

Anonymous said...


Fischer is a victory for Muslims too.

http://youtu.be/TyPvOKuo4w8

-------

Uh oh. Someone disagrees.

http://youtu.be/n8n-PDVYgu4

Gunnar von Cowtown said...

And last year, when Summers was being considered to chair the Federal Reserve, Sandberg ,leaned in to support him.

..... Seriously?

Anonymous said...

http://www.latimes.com/opinion/opinion-la/la-ol-lena-dunham-girls-nudity-revolutionary-act-20140113,0,1832231.story

She plays the irreverent bad girl but wants us to be good little people who revere her wonderfulness. She's such an idiot..

It used to be that decent folks were moralistic and good-looking people were narcissistic.

Today, perverts are moralistic and the ugly/fat are narcissistic.

Anonymous said...

http://youtu.be/20g3QIUnOgY

Shame on those people for not appreciating Ferrell's nudity.

Anonymous said...

It's a good thing our rulers are so keen on liberating the Oppressed, especially women and minorities.

Otherwise people might mistake this sort of thing for a smarmy media-business-government circle jerk.

Modern Abraham said...

Notice the name of the writer on the by-line. Female journalism and commentary (with noted exceptions like Pauline Kael, Diane Ravitch, etc.) comes into 2 flavors:

1) bilious denunciation of whatever current trend (political, geopolitical, economic, etc.) is making her feel less attractive these days (hat-tip to Steve), or

2) craven flattery of some alpha-lady achiever, possibly in the hopes of getting a position at court later, but at the very least to assuage her ego over her own relative obscurity

#2 is going to drive a lot of the action during the Hillary in '16 saga. God help us.

Anonymous said...

"...one of the most important issues in the world, perhaps second only to transgender awareness..."



The fact that Fischer was nominated rather than Donald...I mean Deirdre... McCloskey shows how far we still have to go in this important struggle.

Anonymous said...

A healthy political order is like an eco-system where different forces are balanced.

But what we have is an echo-system where the media, government, academia, and etc. all echo the same official truths. We should let one organism take over everything since it's the best for everything.

Yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah... no...

WHO SAID THAT??? Devour him!! Make him go extinct!!!

Anonymous said...

The pipeline of students who will be tomorrow's tech leaders is alarmingly vanilla.

Marc B said...

"Facebook exec David Fischer and his dad, Fed choice Stanley Fischer, are both well-suited to work for powerful women bosses".

This reads like a back-handed compliment.

Anonymous said...

http://mondoweiss.net/2014/01/israel-increasingly-richard.html

"in the United States at least, anti-Semitism is a spent force — witness the appointment of the third Jew in a row to head the Federal Reserve. A generation ago, more than a few commentators would have mentioned the International Jewish Conspiracy or some such thing. That now exists only in the rattled brain of a Louis Farrakhan."

And Sailer. Rotfl.

This is a typical Jewish tactic.
There are only two possible responses to overweening Jewish power:

1. Total acquiescence and obedience. Such is good and not 'antisemitic'.

2. Total lunacy on the scale of Farrakhan and Hitler.

There can be NOTHING in between. There can be no rational and sensible discussion of the nature and the extent of Jewish power(though Jews still think country clubs not admitting Jews was the greatest injustice since the Holocaust).
So, two generations ago, anyone who might have broached the possible problem of three straight Jewish appointments to the Fed could only have been a lunatic on the level of Farrakhan. There couldn't have been or can be any other possibility.
It's either white or black with no grey in between. It's the one-drop Jewish rule. If your views have just one drop of criticism of Jewish power, then you're a full-blown Nazi.

But it's so much better now since no one, from the left to right, notices or says anything.
Is it the really the case of antisemitism as a spent force or Jewish supremacism as a totally dominant force so that everyone is running scared?

Same is happening with the homo thing. Is the sheer fading of criticism due to end of 'homophobia' or absolute fear of Jewish elites who will defame and ruin any critic of their favored allies?

As with the discussion of race--if you disagree with PC orthodoxy, you are a Nazi or KKK--, the discussion of Jewish power is SHUT UP AND SWALLOW OR YOU'RE A NUT LIKE FARRAKHAN/HITLER. There can be no other possibility.

It sounds like Third World dictators calling anyone left of the far right a 'communist'. Joe McCarthy tended to call anyone left of conservatism--and even conservatives--a 'communist'. Now, Jews are acting the same way. "If you criticize us or pry into our power even just a little, you are a Nazi or Nation of Islam."

This Cohen is a vile creature.

Anonymous said...

Steve, are you planning to discuss Robert Gates's "Duty" and whether it sheds any light on The One?

Anonymous said...

This column is just silly girl talk. It's amazing that Fortune Magazine has fallen as low as it has.

Anonymous said...

Similarly, if you've been paying attention to the news, you know that it's crucial that Sheryl Sandberg's Silicon Valley career thrive.

The girly cheerleading going on here for Sheryl Sandberg by the author is nauseating. What happened to America's business magazines?

Daniel said...

An engineer for a major American defense contractor tried to smuggle thousands of secret documents, including blueprints, on America's multi-billion-dollar F-35 stealth fighter to Iran in boxes labeled as "household goods," U.S. prosecutors say.

Yes, only a racist could find cause for concern over dual citizens being given access to powerful positions in our multicultural republic.

http://abcnews.go.com/Blotter/us-defense-contractor-smuggle-35-blueprints-iran/story?id=21526270

Mozaffar Khazaee, a dual U.S.-Iranian citizen, was reportedly arrested late last week as he was attempting to travel to Germany and then on to Iran. Weeks earlier, Khazaee had arranged for a shipping company to take boxes containing "sensitive technical manuals, specification sheets, and other proprietary material" related to the F-35 and its engines to a contact in Iran, according to an affidavit filed by a Special Agent of Immigration and Customs Enforcement's Homeland Security Investigations.<<

a Newsreader said...

And last year, when Summers was being considered to chair the Federal Reserve, Sandberg leaned in to support him.

She did what?

Anonymous said...

Mark Zuckerberg and his pals at Facebook are quite possibly the most brazenly unethical businessmen in the country. Zuckerberg stole his idea for Facebook, flagrantly violates user privacy, tracks his users all across the web (even when not logged in to Facebook), has basically decided to never delete any information they acquire, and his pal Saverin left the US to avoid taxes on his stock.

So the fact that Fischer's son works for that company is supposed to be a selling point?

Anonymous said...

Facebook exec David Fischer and his dad, Fed choice Stanley Fischer, are both well-suited to work for powerful women bosses".

Jewish women have been telling Jewish men what to do for a long time now.

ben tillman said...

"And last year, when Summers was being considered to chair the Federal Reserve, Sandberg leaned in to support him."

She did what?


Leaned in. Like Elaine with Dalrymple in that restaurant after George had ogled Dalrymple's 15-year-old daughter.

Or something like that.

I guess.

Svigor said...

An engineer for a major American defense contractor tried to smuggle thousands of secret documents, including blueprints, on America's multi-billion-dollar F-35 stealth fighter to Iran in boxes labeled as "household goods," U.S. prosecutors say.

Am I missing something, here? Watermarks, special paper, etc? Or am I correct in assessing Iranian spycraft as sorely lacking? FFS, ever heard of scanners and thumb drives, guys? Or, hell, email? Jesus. Actually, it smells like a false flag op, now that I think about it; all those boxes and boxes and thousands of documents are for the anchorpersons to give to the rubes, maybe?