The witlessness and un-wisdom of Ben Bernanke

I discussed the Time Magazine man of the year, Fed chairman Ben Bernanke, on Fox and Friends this morning. In sum: Failure has never had such rich rewards. Via the Mises Institute, here’s a video compilation of his spectacular wrong-headedness about the housing bubble and the state of the economy over the years.
Here’s GOP Sen. Jim Bunning roasting Bernanke as the “definition of moral hazard:”
And now, Bernanke wants to capitalize on his failures and foresight failures to increase his regulatory powers?
Screw up, move up: It’s the Washington way.
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Did Ben say that the fundamentals of the economy are very strong?
That sounds familiar.
Fits right in in Washington, DC.
I expect he’ll get a Nobel Prize in Economics, soon.
He wouldn’t deserve it.
..all the more reason…
Notable quote at about 10:30 mark:
Spot on. Thanks Sen. Bunning. I wish my state was represented by someone like you.
Glad to see Michelle using the Mises Institute!! I get many books by their members.
Didn’t Tiger Woods also make Time’s “Father of the Year” award?
I just wish they would do an audit on the feds. It would be nice to have a true number of what our debt and where all the money is the dc bunch has given out. The money has to be someplace! Or, is it they haven’t printed it yet?
L
Disgraceful. No one has been more wrong than Bernanke. Both presently and in the past leading up to the meltdown.
This is incompetence rewarded.
Well, if they don’t reappoint Bernanke then Obamabi will appoint Geithner or someone equally corrupt and stupid!
Can’t win, can’t break even, can’t quit…
they sure have us all fooled, don’t they?
/sarc
Isn’t the Time Person of the Year the person that they think has had the most impact (good or bad) on our lives?
If that’s the case, given the state of the economy, either Ben, BO or the entire US Congress would get my vote (if I had one).
I give him a B+ on his contribution to the wrecking of the U.S. economy.
Ron Paul is right! Audit these charlatans!
Another cop who deserted his beat.
Bernanke’s fatal and inexcusable mistake was to abandon all pretense of Fed independence by teaming up with Hank Paulsen to foist TARP on us. There is no putting that genie back in the bottle.
Bernanke ~ the Lead Lemming
*As Ron Paul has said, it’s time to “End the Fed”, and take this clown out to the woodshed, along with Ferret Boy Krugman and his ilk; We are now close to the brink of bankrupcy; The country needs a strong dose of what the Mises Institute has to offer, and, oh yeah, the Fair Tax!
amen to that, same here in my dismal blue state with Marxist senators and rep.’s. Orygun.
Bernanke’s fidgeting a result of getting a butt chewing…”ouch” that had to hurt, I loved it.
TIME magazine has stated the purpose to create a “person of the year” was to show an individual who had the greatest “impact” on the world, whether positive or negative. Obviously the liberal rear wipe rag, Time, loves its destructive role models. Every issue is full of lies, hype and distortions. Too bad our Republican wimps have no juevos to stand up and point out this man’s amazing man made disasters. Where the hell did he get his supernatural talents from, Sylvia Browne?
Howdy neighbor. I’m here suffering just like you. Greetings from the Great State of Portland.
Would this have been before or after the government “stimulated” it?
Don’t insult my ferrets. Weasel is as close as I’ll grant
As we say in the Army: “F$#% up, move up.”