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Old 12-23-2009, 07:08 AM   #15
peaceandlove
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Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: Time magazine names Bernanke "Person of the Year" BAARF

Quote:
Originally Posted by jonathan Burke View Post
Mussolini was also Man of the year, unbelieveably so.
Hi Jonathan,

Speaking of Mussolini.....

Ben Bernanke is Time's Person of the Year. Is he doomed?

In picking Ben Bernanke as Person of the Year, Time magazine hopes to do better than the last time it anointed an economic mastermind.

By Laurent Belsie Staff writer / December 16, 2009
Christian Science Monitor

So, Ben Bernanke is Time's new Person of the Year. Let's hope it turns out OK.

The last time the August publication honored a national economic mastermind, it was 1933. And things ended badly.

Brig. Gen. Hugh Johnson seemed a good choice at the time. True, he seemed a fan of Mussolini - he distributed the writings of one of the Italian dictator's fascist economists. But he had also helped set up the World War I draft and the Army's war procurement from the private sector. An avid New Dealer anxious to root out destructive competition, he was President Roosevelt's choice to administer the National Recovery Administration.

Continues: http://www.csmonitor.com/Money/new-e....-Is-he-doomed


EXCERPT:

Bernanke must wind down the monetary stimulus without throwing the economy in reverse, keep inflation from heating up and the dollar from collapsing.

That's a tall order, even for a Person of the Year. America — and Columbia business school dean Glenn Hubbard — will be watching every move he makes.



Every Breath You Take


Illuminati Symbolism Personified

Columbia Business School's Dean Glenn Hubbard sings about wanting Alan Greenspan's job that went instead to New Fed Chair Ben Bernanke. Parody created by Columbia Business School students.

VIDEO (4:11): http://www.youtube.com/watch?v=3u2qR...layer_embedded

Last edited by peaceandlove; 12-31-2009 at 08:55 AM.
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