Wednesday, Dec 16, 2009

A bit premature?

Reuters: Bernanke named Time magazine's Person of the Year

Surprised no-ones posted this yet.
"Federal Reserve Chairman Ben Bernanke, who helped steer the U.S. economy through its darkest days since the Great Depression, was named Time magazine's 2009 Person of the Year on Wednesday."

Posted by shipbuilder @ 02:54 PM (1595 views)
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1. icarus said...

Given that Obama got the Peace Prize this makes perfect sense.

Wednesday, December 16, 2009 02:58PM Report Comment

2. rumble said...

Obama's Orwellian double-speak: war is peace.

Wonder what Bernanke will have to say.

Wednesday, December 16, 2009 03:10PM Report Comment

3. crunchy said...

Ron Paul thinks Bernanky may suffer from premature ejeculation, which is what Obama should have done with the peace prize had he

been half the man that shrinking numbers of Americans thought he was.

Wednesday, December 16, 2009 03:38PM Report Comment

4. holding out said...

Time magazine also named Hilter man of the year for 1938 and Stalin for 1939 and 1942 and if that wasn't bad enough dubya got it in 2000 (before 9/11)and 2004.

Wednesday, December 16, 2009 03:48PM Report Comment

5. icarus said...

From Bernanke's speech a few days ago to the Economic Club of New York:

"The ultimate purpose of financial stabilisation..was to restore the normal flow of credit....(but) access to credit remains strained for borrowers who are particularly dependent on banks, such as households and small businesses.......banks continue to tighten the terms on which they extend credit....the fraction of small businesses reporting difficulty in obtaining credit is near a record high".

So, on his own terms and in his own words he has failed.

War is peace? Failure is success.

Wednesday, December 16, 2009 04:30PM Report Comment

6. layers said...

@2 - debit IS wealth!
And I wonder who owns 'Time Magazine'? They may well think he's man of the year given his largess on behalf the impoverished average American.
Paulson probably would have come a close second with his jeniflecting at the Senate - or have we had the Oscars already.
Tw*ts, the lot of 'em. Very rich and powerful parasitic, zero-conscious, vermin, granted.

Wednesday, December 16, 2009 04:51PM Report Comment

7. icarus said...

Since this is all Alice in Wonderland stuff why not have an A in W solution.

"Everybody is person of the year."

Wednesday, December 16, 2009 05:15PM Report Comment

8. crunchy said...

6. layers Some media companies should not be allowed to grow to this extent, because their success may become a self-fulfilling

prophecy. As much as we like the idea of free markets, one sometimes has to ask at what point does a free market become otherwise.

That's the question of the Year.

Wednesday, December 16, 2009 05:19PM Report Comment

9. crunchy said...

May I make a vote Time Magazine? for one of the few men that has told the truth this year ( Lord Monckton.)

Wednesday, December 16, 2009 07:00PM Report Comment

10. crunchy said...

2. rumble, your past unanswered question has been posted if you care to look.

Wednesday, December 16, 2009 08:21PM Report Comment

11. Skeptical_first_time_buyer said...

@9 Even if Moncktons right, and the man made aspect of climate change is a con, we will still be in a great deal of trouble when fossil fuel prices spiral as they inevitably will as we pass peak oil and oil prices rise.

An area where we probably agree is with regard to the west paying the bill for most of this. Brazil should pay it's share for the rainforest deforestation, my understanding of climate science is that this is a big factor too. Also what's happened so far is small fry compared to what happens or could happen next. The west developed slowly, the developing world is not repeating this trend.

Also do we have any money any more?

I'd go with James Lovelock or Colin Trudge

Wednesday, December 16, 2009 09:16PM Report Comment

12. Roberto Birquet said...

Well done Holding out! I knew about Hitler, but Stalin twice? Maybe it was people of Stalingrad in '42. Now they deserved it!

Do the decision-makers at Time have some key funds that Bernanke put! by chance.

Wednesday, December 16, 2009 09:19PM Report Comment

13. markj69 str05 said...

Head of the 'ministry of peace'?

Can't trust EA's. Can't trust Politicians. Can't trust media. Can't trust banks. Can't trust scientists.

Seems like we've entered a whole new world.

How on earth will we be able to trust again?

Where have all the good men gone?

I need a hero!

We need a hero.

Not a hyporcrite.

Wednesday, December 16, 2009 10:42PM Report Comment

14. rumble said...

Thanks Crunchy. What can I say? I look forward to bedtime and bizarre dreams that I can wake up from.

Wednesday, December 16, 2009 11:36PM Report Comment

15. rumble said...

Wednesday, December 16, 2009 11:46PM Report Comment

16. crunchy said...

12. rumble

All I ask is that you spead the word once you are convinced.

Harder than it sounds, but it is yours and everyone elses duty, if indeed it's truth that serves.

Thursday, December 17, 2009 09:31AM Report Comment

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