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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 Kandahar View Post
    It's not? The stock market has been growing since March. The number of jobs lost has decreased every month since May, and will probably actually start growing this month (or maybe even last month, once the adjusted numbers come in).

    I think this is a very bad time to be a bear on the US economy. We endured a major crisis last fall, and all things considered I think we recovered reasonably well.
    No, it's not. And, we haven't recovered, either. I was making way more money this time last year than I am now.
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    Re: Person of the year 2009- Ben Bernanke

    Ben Bernanke was incredibly important at preventing a total financial disaster. I couldn't agree more with TIME Magazine...and I don't agree with their Person of the Year picks very often.
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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by apdst View Post
    No, it's not. And, we haven't recovered, either. I was making way more money this time last year than I am now.
    I didn't realize that your personal income (or even everyone's personal income) was the only economic indicator our nation had. But what do I know. Must be Bernanke's fault.
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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Kandahar View Post
    I didn't realize that your personal income (or even everyone's personal income) was the only economic indicator our nation had. But what do I know. Must be Bernanke's fault.
    Of course personal incomes are an idicator. Without more disposable income, there can't be consumer cash flow and cash flow is the life blood to any economy.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by apdst View Post
    Of course personal incomes are an idicator. Without more disposable income, there can't be consumer cash flow and cash flow is the life blood to any economy.
    Unfortunately the data does not back this up. The economy has been growing since Q3. At any rate, what influence do you think Bernanke had over your personal income?
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    Re: Person of the year 2009- Ben Bernanke

    apdst, you have yet to reply in proper fashion.

    http://www.debatepolitics.com/breaki...post1058425037

    Did you shuffle along?
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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by apdst View Post
    No, it's not. And, we haven't recovered, either. I was making way more money this time last year than I am now.
    And last year many of capitialist lost their asses.

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    Re: Person of the year 2009- Ben Bernanke

    So the fed now makes policy, is this what I am reading?

    Ben saved the day, really?

    Was it not Bush, through the last Treasury head that introduced the so called TARP program?

    But Bernanke is the person of the year, odd?

    Here is the truth folks, Time wanted to name Obama, but since he had already been recently given an award he didn't earn, this would not be well accepted. The only other logical choice, and the only way to, once again, give obama more credit, the award was given to this man.

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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Jackboot View Post
    So the fed now makes policy, is this what I am reading?

    Ben saved the day, really?

    Was it not Bush, through the last Treasury head that introduced the so called TARP program?

    But Bernanke is the person of the year, odd?

    Here is the truth folks, Time wanted to name Obama, but since he had already been recently given an award he didn't earn, this would not be well accepted. The only other logical choice, and the only way to, once again, give obama more credit, the award was given to this man.
    Are you honestly claiming that Bush and/or Paulson (neither of whom have held office since Jan 20) were bigger newsmakers this year than Bernanke?
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    Re: Person of the year 2009- Ben Bernanke

    Quote Originally Posted by Kandahar View Post
    Are you honestly claiming that Bush and/or Paulson (neither of whom have held office since Jan 20) were bigger newsmakers this year than Bernanke?
    Yes, I have heard both names mentioned more then I have heard the name "bernanke"

    That said, this is not the point, just what has this man done, that we should applaud him, much less name him "person of the year"?

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