if and when he leads the fed, his likely successor is janet eline, a reserve governor appointed by mr. obama who is in favor of lowering unemployment. the feds twin mandate by the way is to control inflation and maintain full employment. >> what are your impressions? >> i think he's going to leave. listening to the president talk, it sounds like someone who is ready to fire somebody. stayed longer than he should have. what it means is that if he's going to leave, he will have an exit strike thatee. that exit strategy will be to stop what he has been doing which kept the interest rates low. if he ends that program, as part of the exit strategy, you're going to see the markets react. we have to keep an eye on that. >> he is going to end qe3. 80billion poured into the economy. he indicated he was going to bring it to an end. during the week this week, the market plunged after he said that. it must have been 500 or 600 points. that is the big question. is the monopoly money that he pumped into the economy, when they start pulling that back, is this economy going to go head over hills -- >