Monday, January 25, 2010

Bernanke's Tumble

Is the downturn finally starting for Mr. Bernanke?

"He was in charge when we hit the iceberg and he should be held accountable."
John McCain

"Washington has suddenly noticed public rage over economic policies that bailed out big banks but failed to create jobs. And Mr. Bernanke has become a symbol of those policies."
Paul Krugman, NY Times - January 24, 2010

I love the phrases "suddenly noticed" and "symbol of those policies".

And of course we should throw some "fear" into the equation to "organize the sheeple":
"Treasury Secretary Tim Geithner, in a recent interview with Mike Allen of Politico warned that the financial markets could react negatively if Fed Chairman Ben Bernanke wasn't confirmed for a second term."
Source: Ryan McCarthy, Huffington Post

"I will predict that this will be the "last high point" in Mr. Bernanke's career."
Random Roving - December 17, 2009

"today he’s probably best described as the 'fall guy'"
Random Roving - September 30, 2008

"And how about Fed Chairman Bernanke. He’s holding Greenspan’s bag and trying to figure out what to do. He’s standing at the podium trying to explain Greenspan’s sins. Isn’t it ironic that he’s a student of The Great Depression?"
Random Roving - September 30, 2008

"The “mob” has emerged and they’re seeking someone to lynch (ask Martha Stewart, George Bush, Jeff Emmelt, Ben Bernanke, and Brittany Spears)."
Random Roving - March 24, 2009

"This, my friends, illustrates the power of the Federal Reserve and aggressive "money printing". The patient is dying on the table, and doctors Greenspan and Bernanke keep it alive for a little bit longer. How long do we really want the patient on life support? If death is inevitable, lets make peace with the patient and let nature takes its course."
Random Roving - March 27, 2009

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