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Thread: Person of the year 2009- Ben Bernanke

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by apdst View Post
    Man of The year doesn't have anything to do with doing someting good.
    Note, as for instance the award of the Nobel Peace prize.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by apdst View Post
    Stalin and Hitler were Men of The Year. It has nothing to do with accomplishing anything good.
    Stalin & Hitler were never awarded a Nobel Peace prize either.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Jackboot View Post
    My error, what is "my error" exactly?
    Stating that the Fed creates booms and busts, when booms and busts were far more prevalent prior to the creation of the Fed.

    Can you explain to us all how a car went from 2,500 dollars in the late 60's, to about 35,000 dollars today? Could this explain your 5 to 1 ratio......well, no, because 2500 times 5 is 12,500, where did the value go, and how are we better off today? Why did a brand new home cost about 12,000 dollars, and today, it may cost up to 200,000 dollars?

    Any ideas?
    It would be an issue if income was held constant. But since this is not the case, your argument has no solid ground to stand on. The average income (factored for inflation) has more than doubled since the 50's.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Zyphlin View Post
    Ben's got nothing on this man



    Robbery
    Yeah, that's the pilot guy who landed the plane in the Hudson. I really hope they gave him a medal for that!

    And Bernanke was also a good choice. But this is my person of the year:


    Anonymous (group) - Wikipedia, the free encyclopedia

    Which reminds me, this should be person of the DECADE: [ame="http://en.wikipedia.org/wiki/Jimmy_wales"]Jimmy Wales[/ame]
    Last edited by Rachel; 12-18-09 at 12:01 PM.

  5. #115
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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Rachel View Post
    Yeah, that's the pilot guy who landed the plane in the Hudson. I really hope they gave him a medal for that!

    And Bernanke was also a good choice. But this is my person of the year:


    Anonymous (group) - Wikipedia, the free encyclopedia

    Which reminds me, this should be person of the DECADE: Jimmy Wales
    ...I think he is more Man of the Hour. In the grand scheme of things Schullenberger was heroic and saved lives, but his sphere of influence was relatively small. Saving 120 lives is not saving the world, democracy or free enterprise. We can also argue the merits of his feat. He merely gets an A+ for flawless execution of a generally practiced procedure. The UA232 pilot from 1990 gets more credit for creative piloting skills, but that is another thread. I don't wish to take away from his feat, it was credit. But, he has received more than his share of credit, and I certainly see no need to overplay this as so many have. He was not Man of the Year.

    Bernanke, believe it or not, actually had a discernible impact on civilization. You can argue whether or not Bernanke was a hero (after all, he admittedly was a huge part of the problem), but 2009 was the year that the world stared down Great Depression II - the sequel, and at least lived for another year.
    Last edited by upsideguy; 12-19-09 at 12:59 AM.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by phattonez View Post
    And after reports yesterday that inflation is rearing its ugly head. Great job Ben! We're still in a recession yet you get praised.
    The two Bens are working together, one at the FED and one in Congress got all his bribes to vote for healthcare.

    http://www.washingtonpost.com/wp-dyn...900797_pf.html
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Person of the year 2009- Ben Bernanke

    With Stalin and Hitler having this honor, Bernake is a perfect pick.

    Designing a full system fail to gain more power, pure Hitlerusque.


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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by OxymoronP View Post
    With Stalin and Hitler having this honor, Bernake is a perfect pick.

    Designing a full system fail to gain more power, pure Hitlerusque.
    You gonna kill you some Naazzziiis.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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