Is Bernanke Out as Chairperson of the Federal Reserve System?

Bernanke's term as a "Board Member" does not end until January 31, 2020.  However, as the chair of the Fed, that ends on January 31, 2014.  Now, the question to ponder is as follows:  Will Obama reappoint Bernanke again?  My response to that question is "no!"  Why?  Under Bernanke, the Fed has injected more than $3 trillion into the financial system since March of 2009.   What has been the results of all this liquidity?  No sustainable economic improvement.  That in itself should be reason enough to not appoint Bernanke.  However, since Obama does ascribe to Bernanke's monetary policies, why the change?  Obama has to blame the failed monetary policies on someone, and that someone is Bernanke. Will such a move to appoint a new Fed Chair make a difference?  Absolutely not, in my humble opinion. 

Who does the smart money say will be appointed as the new "Chair," if Bernanke is not reappointed?  That individual would be Janet L. Yellen, who is the current Vice Chair of the Board of Governors of the Federal Reserve System.  Dr. Yellen earned her Ph.D. in Economics from Yale University in 1971.  (In other words, she would be another elitist just like Bernanke with the same failed monetary approach to the economy.  To make matters worst, she is a member of the Council on Foreign Relations.)  Therefore, nothing will change for the better, just a name change at the top.