Ben Bernanke, Chairman of the Federal Reserve, the guy that most contributed to the recession and millions and millions of people getting unemployed.

Time’s person of the year.




  1. N74JW says:

    I’m just confused…

  2. audion says:

    To be fair, at this point, your average religious tract stuffed under your windshield wiper has more pages and cultural relevance than Time Magazine.

    Have you looked at Time lately? It’s more of a leaflet…

    Person of the Year isn’t an honor. It’s damning with faint praise.

  3. Buzz says:

    Cherman has special knowledge that Time magazine’s staff of researchers and fact checkers couldn’t possibly get close to, let alone match.

    Tell us Mr. Cherman, what evidence can you point to that supports your appraisal?

  4. pedro says:

    #20 Wow, Dumbya’s supporter now. I see you have finally awaken.

    #21 No, you’re not. But he’ll be around soon, saying some stupid crap like #20 did.

    #23 I suupose we should take yours instead?

  5. AdmFubar says:

    dvorak.org/blog now in stereo

  6. AdmFubar says:

    ah i see the feed list was adjusted so there was only one article about this..

  7. Ah_Yea says:

    Ah, Times magazine. The unofficial mouthpiece of the Obama Administration.

    It’s easy. While Obama berates the bankers for us sheeple, he actually is in bed with them and does their bidding.

    This is one of the very best articles I have read in a long time. Worth your time.

    Once you’ve read this, you will know why Bernanke is on the cover.

  8. Hmeyers says:

    @18 Breetai

    The Fed didn’t cause the recession. We are in recession because the US economy depends on credit because our manufacturing sector has rapidly declined and we’ve outsourced the jobs.

    No one builds anything here.

    Dell moved all it’s factories overseas in the last 4 years, all 18 of them.

    We have a production-less economy. This economy was dependent on credit because there is a “net loss” ($500 billion/yr export deficit).

    With the credit gone, it exposes the fundamental lack of goods production in the country.

    Without production, there are no jobs. Without jobs, there is no tax base. Without a tax base, the government will deflate the currency.

  9. Awake says:

    #20 Pedro –

    On the contrary, I blame Dumbya and his conservative brethren more than ever.

    Bernanke may have been part of the problem, but when things went really bad, he became a leader in the solution.

    People that don’t understand the mportance of Bernanke’s actions are also the same shortsighted people that don’t “get” why the Nobel Peace prize went to Obama this year.

    Pedro, please bother yourself to read the following article, it is a VERY good opinion piece about Bernanke.

    http://tinyurl.com/yhr56ag

    The link above concludes with:

    “Still. As Grunwald writes, “It’s no consolation to the 1 in 6 Americans who are underemployed, the 1 in 7 homeowners with a delinquent mortgage or the 1 in 8 families on food stamps, but there would be far more joblessness, foreclosures and hunger were it not for Ben Bernanke.”

    I think most economists, whether conservative or liberal, would agree with this assumption. It’s a tough call to make, lauding someone as a hero because of something that didn’t happen, but upon reflection, it doesn’t seem all that crazy.”

  10. pguyton says:

    remember it’s not a positive thing just the person who most affected the year; in that sense it’s right on the money. Remember …. hitler was man of the year once

  11. Yes Man says:

    While I’m no huge fan of Bernanke’s I am in complete agreement with Awake #29 and would add that his is one of most intelligent posts in this group. What is clear is that most of the people who post here don’t know their ass from a hole in ground and don’t seem to have any sense of time. They see a guy in a suit and think “he must be the guy that caused this”. It’s a sad sad situation for America that so many people are either just stupid or are so blinded by their pathetic allegiance to one party or another that they can’t even see straight anymore. You want to know who caused this? Look in the mirror you credit hungry, greedy, real estate tycoon wannabe Americans – you caused it. You also dragged the rest of the world down with you while you greedily went about buying and buying and justifying and rationalizing and feeling entitled.

  12. freddybobs68k says:

    #29 Awake

    “People that don’t understand the mportance of Bernanke’s actions are also the same shortsighted people that don’t “get” why the Nobel Peace prize went to Obama this year.”

    Okay I’ll bite.

    Why did Obama deserve the Nobel Peace prize?

  13. Ah_Yea says:

    Awake #29. If it were anyone else I would have thought your post was a joke. Unfortunately for such an Obamapologist extraordinaire, I’m afraid it’s not.

    Now how about some REAL reporting.

    “thanks to the release of the Federal Open Market Committee transcripts from 2003. They show (see “Bernanke at the Creation,” June 23, 2009) that Mr. Bernanke was the intellectual architect of the decision to keep monetary policy exceptionally easy for far too long as the economy grew rapidly from 2003-2005.”
    http://online.wsj.com/article/SB10001424052748704107104574572160340353006.html

    So, let me see, Bernanke was the architect of the easy credit that fueled the meltdown? Even when the results were apparent, he didn’t stop??

    Awake, get up out of bed and AWAKE!

  14. Ah_Yea says:

    Hey, Awake and Obamapoligistforver.

    Did you read the link in my post #27?

    What do you have to say??

  15. RBG says:

    Maybe they could give Bernanke a Nobel Prize for Economics on the grounds that he is in the position to theoretically potentially change the world for the good of everyone.

    Obama could get another Peace Prize for
    nominating Bernanke for a second term thus theoretically potentially changing the world for the good of everyone.

    RBG

  16. amodedoma says:

    The real fraud here is the supposition that this Bernanke did anything but obey his masters.

  17. pedro says:

    #29 Apologies accepted. You’re now the official face cleaner for Dumbya’s officers in Obama’s service.

  18. Somebody says:

    I can only hope that Madoff is taking this well.

  19. Ah_Yea says:

    I notice that the Obamapoligist here still haven’t commented on my link.

    Maybe the truth that their Lord is a sellout is too much to bear??

  20. Winston says:

    I haven’t read Time’s article in that issue, but if it praises him, they’re as clueless as the rest of the mainstream media.

    However, don’t assume that the person of the year on Time Magazine’s cover is always a good guy.



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