Ben Bernanke: Fed Chairman Attacks Economic Crisis

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Bernanke needs to go! He presided over this mess and needs to go home or to jail. I hope and pray the Audit bill passes. Did anyone see his latest testimony on the hill? He stated that Congress needs to do away with Social Security. What a frreaking idiot! Write your reps and let them know that he needs to go!
BTW - my faith in US NEWS is shaken by this selection.

EastTexian of TX 12:54AM December 11, 2009

"But all of that changed with the recession --" What about BEFORE the recession?! ASLEEP AT THE WHEEL? Or more likely, in someone's pocket, and still is. THIS GUY IS A CROOK! And you folks that wrote this article, as well as the Congress that mandates his confirmation for more LYING, CHEATING, STEALING are not leaders, nor are you qualified to sit in judgement of leaders. This man is morally and ethically bankrupt, he has sold ALL OF US down the river for one thing and one thing only: GREED. This dirtbag, and every Congress person that votes for his confirmation belongs in prison. A deep, dark hole -- you know, like where we routinely throw our filth.

Blackdog of AZ 3:50AM December 06, 2009

So ridiculous I take offense in a thousand different ways. I am not an economist nor in finance but COME ON everyone knows you can't throw money at a problem to fix it. He wouldn't even disclose who received OUR monies, which foreign banks and which ones. This makes me sick to my stomach, END THE FED. Anything in secrecy is dangerous particularly our monies.

Chanda Seymour of TX 6:25PM November 05, 2009

What would happen if any other political party pushed for a cap and trade bill that could create green jobs of which 9 out of 10 created would be unsustainable, require government subsidizing and cost the nations economy millions of real jobs? And this is not to mention the increase in manufacturing costs that would be passed on to us in time of depression.
No matter if you are a Democrat, Republican, Libertarian or an Independent, what do you think is going to happen when the government revenues are down and spending is quadrupled? As one senator from Florida was categorized as, “One must be a fry short of a happy meal” to believe that wiping out the U.S. dollar and reducing the purchasing power of our salaries and retirement savings is a good thing.
How do you think the media or yourself would react if the republicans were the majority party and were negotiating behind closed doors on a republican senator’s proposal to overhaul one of our economy's largest industries, especially when it hasn't been written yet? On an almost straight party-line vote, Democrats in the Senate Finance Committee squashed an amendment by Senator Jim Bunning that would have required the Obama, Nancy Pelosi, Harry Reed and the Baucus healthcare or “rob our children and their children bill” to be posted on the Internet for all Americans to read for 72 hours prior to the Committee voting on it.
There are Republicans who should be voted out of office as well. They are the ones who didn’t listen to the American people and under the veil of "negotiations," kept the “rob our children and their children” bill scheme to socialize the nation's health care system alive. And those are not the only ones. Every politician who allowed the Federal Reserve to loan two trillion dollars without knowing to whom, for what or the disclosure of terms should be investigated, made accountable for their irresponsibility and thrown out of office as well. Sleeping on the job is no excuse.
The Federal Reserve has no real oversight and it’s time for these politicians to get the message loud and clear. We need to learn from our past mistakes and before voting, find out the candidate’s passed association’s, voting record, speeches made and most importantly, don’t let the progressives in the media or celebrities who receive bribes from the likes of George Soros brain wash you. The buss is speeding to go over a cliff and we need to get hold of the staring wheel and the brakes.
Cybercorrespondent
http://cybercorrespondent.blogspot.com

Cybercorrespondent of IL 1:54PM October 30, 2009

"By helping to keep the economy afloat he has become one of America's best leaders"? Are you kidding me? His loose-lending practices, which were just a continuation of Greenspan's policies, helped to create the economic crisis. He just further inflated the bubble with more easy credit.
"As the country emerges from recession, it seems that he may have been right." What a joke! We aren't emerging from recession. We haven't even seen the worst of it yet. What was he right about? He's been wrong about EVERYTHING so far.
I agree with Alexander that this man belongs in prison. I think if Ron Paul's H.R. 1207 Bill to audit the Fed passes we'll see what mischief he's been up to. Then if justice prevails, this man will find himself in prison for the rest of his life. He is one of the worst villains in our country's history.

Jaret Glenn of FL 5:39PM October 22, 2009

This article is seriously called "America's Best Leaders"?! Ben Bernanke is leading us nowhere else but up the creek without a paddle. This webpage belongs on The Onion.

IMAHAINGTTIA of NY 5:09PM October 22, 2009

Really? this writer thinks that helicopter Ben and Alan "former Objectivist" Greenspan were laissez-faire?
the fact that they fixed interest rates at all disqualifies them from being considered laissez-faire. the economic collapse was as bad as it was BECAUSE they fixed interest rates way too low;

Marc of NJ 1:19PM October 22, 2009

Americans have lost their minds. Anyone could have helped the failing banking industry by dumping hundreds of billions into the hopper to stem the time of crashing companies. Poor regulation and Fed oversight enabled the greedy wall street club into raping the system at tax payers ecxpense. These people should have been arrested for a variety of crimes the least of which is fraud.

Alexander Anthony of NJ 7:47AM October 22, 2009

Are you kidding ? He belongs to the same club as the rest of them that do not realize or care that if you or I write checks when there is no real money then someday it will come back to haunt us. This is why I am for Bill HR 1207

Gary of CA 1:00AM October 22, 2009

Last week I read an article from a European website about Bernanke. It went into depth why Bernanke seems like a good choice for Fed Chairman in the short-term present but that it will cause great damage down the road. I found the article to be interesting but very scary and disheartening.

Timmy of NH 12:40AM October 22, 2009