Comments on: Ben Bernanke, Person of the Year http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: brian-decree http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/comment-page-1/#comment-10120 Thu, 17 Dec 2009 01:43:47 +0000 http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/#comment-10120 These men should be arrested and tried for treason, their personal assets and the assets of their banks should be transferred back to the state where they belong.

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By: brian-decree http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/comment-page-1/#comment-10119 Thu, 17 Dec 2009 01:40:15 +0000 http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/#comment-10119 It’s amazing, and truly worrying, that a man that many consider to be one of the most dangerous criminals in the world can be seen by others as “man of the year”.

One cannot overlook the fact that the organization he presides over is responsible for no less than a worldwide holocaust on democracy and social development, and operates with a dictators impunity in the shadows that lie at the heart of the global economic system.

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By: Uncle_Billy http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/comment-page-1/#comment-10112 Wed, 16 Dec 2009 20:43:20 +0000 http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/#comment-10112 “A Comedy Of Heirs”

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By: HBC http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/comment-page-1/#comment-10111 Wed, 16 Dec 2009 20:23:03 +0000 http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/#comment-10111 There is something so Shakespearean about this situation, with all this faint praise flying about when decisive burials are called for…

It chiefly serves to remind attentive audiences that the U.S. Economy is well into the brief Third Act of a Five-Act tragedy.

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By: Uncle_Billy http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/comment-page-1/#comment-10108 Wed, 16 Dec 2009 20:07:42 +0000 http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/#comment-10108 It is pretty extraordinary that Bernanke, whose whole life and background was basically a preparation for a credit and liquidity crash, landed in the Federal Reserve chairmanship just ahead of the greatest credit and liquidity crash in the history of the world.

Just as extraordinary as when our other hero, Sully Sullenberger, a man who had been preparing his entire life for just such a scenario as the miracle on the hudson, and had specialized and trained in gliding big jets down, was at the wheel on exactly the right flight. (There was something weirdly symbolic about the presence of the Concorde jet at the scene, and the popularity of “Flight of the Conchords” on the telly at the time too).

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By: suozman http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/comment-page-1/#comment-10105 Wed, 16 Dec 2009 19:37:37 +0000 http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/#comment-10105 It’s hard to argue that Bernanke was not well-situated for this unique moment in history, and I think he’s done a marvelous job in the wake of Lehman’s devastation. But I also agree that he has to be held complicit in the Lehman decision, which stopped financial markets in their tracks and dramatically steepened the economic drop. What’s done is done, though, and at this stage, I’m not sure I’d want anyone else in that seat.

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By: DanHess http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/comment-page-1/#comment-10102 Wed, 16 Dec 2009 18:13:03 +0000 http://blogs.reuters.com/felix-salmon/2009/12/16/ben-bernanke-person-of-the-year/#comment-10102 It is pretty extraordinary that Bernanke, whose whole life and background was basically a preparation for a credit and liquidity crash, landed in the Federal Reserve chairmanship just ahead of the greatest credit and liquidity crash in the history of the world.

That said, one must wonder whether he is the man for the next big battle, which most believe is inflation. Considering that unemployment may remain high for a decade, controlling inflation may require raising rates in a bad economy. Will he do that? Failure to do that could result in a capital flight.

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