Welcome, Guest. Please login or register.
Did you miss your activation email?
June 19, 2013, 01:10:04 am
HomePredMockPollEVCalcAFEWIKIHelpLogin Register
News: Please delete your old personal messages.

+  Atlas Forum
|-+  General Politics
| |-+  Economics (Moderator: ag)
| | |-+  Ben Bernanke - Villain or Hero?
« previous next »
Pages: [1] Print
Author Topic: Ben Bernanke - Villain or Hero?  (Read 933 times)
Beet
Moderators
YaBB God
*****
Posts: 14869


Political Matrix
E: -2.52, S: -4.43

View Profile
« on: March 18, 2012, 09:30:45 pm »
Ignore

Fascinating piece in this month's Atlantic
Link
Logged

15 rounds for the elites but 7 for the people. Interesting.

Markit Credit Data
Senator North Carolina Yankee
North Carolina Yankee
YaBB God
*****
Posts: 21417
United States


Political Matrix
E: 4.45, S: 3.22

View Profile
« Reply #1 on: March 22, 2012, 10:35:13 pm »
Ignore

Ah, the wonders of Populism. What manner of destruction shall humanity befall in the future as result of its inherent desire to chop of its own nose to spite its face? That is after all the definition of such politics, disserving America proudly since 1792.

It most certainly would be scary if the Fed had to be rechartered now, ala the Second National Bank in the 1830's. One would hope the politicians could be somehow motivated to do the right thing this time, if such were the case.
Logged

He's BACK!!! His Time Has Come Once Again! Now We're All Gonna Die! No One is Safe From His Wrath!



Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
YaBB God
*****
Posts: 18390
United States


View Profile
« Reply #2 on: March 23, 2012, 02:08:21 pm »
Ignore

I think Ben has done a wonderful job and we are lucky he was the Fed Chairman through this crisis...he understands it worth gambling to save the economy from another Great Depression
Logged

Do not fight with one another over my banning.  I've enjoyed the time I have spent with all of you, but the time really has come for me to leave.  It is what I want.

http://www.youtube.com/watch?v=z9Y_GLT4_9I

I looked over Jordan, and what did I see?
Coming for to carry me home,
A band of angels coming after me,
Coming for to carry me home.

Swing low, sweet chariot,
Coming for to carry me home.
Pacific Councillor Big Wiggly Style
20RP12
YaBB God
*****
Posts: 17808
Germany


Political Matrix
E: -4.32, S: -7.04

View Profile
« Reply #3 on: March 27, 2012, 08:49:16 am »
Ignore

Logged

Oakvale
oakvale
YaBB God
*****
Posts: 6376
Ireland, Republic of
View Profile
« Reply #4 on: March 27, 2012, 02:08:45 pm »
Ignore

I read this when it came out and remember being surprised there was no thread on it. A persuasive look at an absurdly villified person.
Logged
ChairmanSanchez
YaBB God
*****
Posts: 8605
United States


Political Matrix
E: 5.42, S: -1.39

P

View Profile
« Reply #5 on: March 27, 2012, 05:04:26 pm »
Ignore

HP
Logged

Thank You, Margaret Thatcher. You shall be missed.
pillage the village, trash the scene
Pingvin99
YaBB God
*****
Posts: 2296
Russian Federation


View Profile
« Reply #6 on: March 29, 2012, 08:24:41 am »
Ignore

HP
Logged

Right now it seems
You're only dreams and shadows
If wishes could be
eagles how you'd fly?

This is your life
This is your time

What if the flame
won't last forever?
This is your here
This is your now
Let it be magical! - Dio, "This Is Your Life"
CARLHAYDEN
YaBB God
*****
Posts: 10689


Political Matrix
E: 1.38, S: -0.51

View Profile
« Reply #7 on: March 29, 2012, 04:01:49 pm »
Ignore

I think Ben has done a wonderful job and we are lucky he was the Fed Chairman through this crisis...he understands it worth gambling to save the economy from another Great Depression

Yeah, loan guarantees to his buddies.

Loans to foreign banks.

He wants to pick winners and losers, and opposes let the marketplace make such decisions.

Without a doubt the most arrogant and irresponsible chairman in the history of the Federal Reserve.

The very essence of a villain.
Logged

Registered in Arizona for Fantasy election purposes.
Senator Snowstalker
Snowstalker
YaBB God
*****
Posts: 11276
Cuba


Political Matrix
E: -6.97, S: -2.96

View Profile
« Reply #8 on: March 29, 2012, 04:06:42 pm »
Ignore

Logged



Democrats are out of power
Across that great wide ocean
Reagan's president elect
Fascist god in motion
opebo
YaBB God
*****
Posts: 44908


View Profile
« Reply #9 on: March 29, 2012, 04:33:36 pm »
Ignore

Yeah, loan guarantees to his buddies.

Loans to foreign banks.

He wants to pick winners and losers, and opposes let the marketplace make such decisions.

Without a doubt the most arrogant and irresponsible chairman in the history of the Federal Reserve.

The very essence of a villain.

No, the 'marketplace' is the villain, carl.
Logged

assume the laws of physics don't apply normally in Oklahoma

Vosem
YaBB God
*****
Posts: 3847
United States


View Profile
« Reply #10 on: March 30, 2012, 04:09:11 pm »
Ignore

Yeah, loan guarantees to his buddies.

Loans to foreign banks.

He wants to pick winners and losers, and opposes let the marketplace make such decisions.

Without a doubt the most arrogant and irresponsible chairman in the history of the Federal Reserve.

The very essence of a villain.

No, the 'marketplace' is the villain, carl.

The marketplace system is the very reason America is so prosperous. A good guy in every sense of the word.
Logged

Sometimes, reality has a corporatist-traditionalist bias. Sometimes it has a liberal bias.
Economic score: +4.84
Social score: -6.52

At this rate, I'll lean left economically within a year or so Tongue
I'm JewCon in name only.
Klecly
YaBB God
*****
Posts: 929
United States


Political Matrix
E: 9.61, S: 6.52

View Profile
« Reply #11 on: March 30, 2012, 07:01:20 pm »
Ignore

Not a fan of Bernanke.


Mainly because I don't believe he is a supporter of the free markets, as some here (for whatever reason) think he is...

Logged

Senator North Carolina Yankee
North Carolina Yankee
YaBB God
*****
Posts: 21417
United States


Political Matrix
E: 4.45, S: 3.22

View Profile
« Reply #12 on: March 30, 2012, 08:43:00 pm »
Ignore

Not a fan of Bernanke.


Mainly because I don't believe he is a supporter of the free markets, as some here (for whatever reason) think he is...

The short answer is that "the banking sector is special". You can't just restart the banking sector overnight and it would take years to rebuild the money supply (the portion that results from fractional reserve banking) if it were wiped out by a severe banking contraction akin to the 1930's (When the Fed pretended as if it didn't exist) or the 1830's (the last time the US thought it could go without a central banking system). The Fed's job is to acheive stability in the money supply, it is by nature a violation of the free market, and frankly one I am perfectly fine with considering the alternative. 
Logged

He's BACK!!! His Time Has Come Once Again! Now We're All Gonna Die! No One is Safe From His Wrath!



I'm JewCon in name only.
Klecly
YaBB God
*****
Posts: 929
United States


Political Matrix
E: 9.61, S: 6.52

View Profile
« Reply #13 on: March 30, 2012, 11:48:42 pm »
Ignore

My main issue isn't really ideological he just looks like a real slimeball...
Logged

Senator North Carolina Yankee
North Carolina Yankee
YaBB God
*****
Posts: 21417
United States


Political Matrix
E: 4.45, S: 3.22

View Profile
« Reply #14 on: March 31, 2012, 12:27:03 pm »
Ignore

I don't really give a damn about what he looks like. In this instance what matters is skill, knowledge, and effectiveness. He isn't a politician thank god and thus he is immune from having to concern himself with such political matters as optics.

That said, I wouldn't mind some better oversight over the Feds actions.
Logged

He's BACK!!! His Time Has Come Once Again! Now We're All Gonna Die! No One is Safe From His Wrath!



Progressive Realist
YaBB God
*****
Posts: 3973
United States


View Profile
« Reply #15 on: March 31, 2012, 12:57:25 pm »
Ignore

Yeah, loan guarantees to his buddies.

Loans to foreign banks.

He wants to pick winners and losers, and opposes let the marketplace make such decisions.

Without a doubt the most arrogant and irresponsible chairman in the history of the Federal Reserve.

The very essence of a villain.

No, the 'marketplace' is the villain, carl.

The marketplace system is the very reason America is so prosperous. A good guy in every sense of the word.

Yet curious how so much of that prosperity is concentrated in the coffers of a few.
Logged

*insert witty quote here*
Assistant to the Regional Manager Cathcon
Cathcon
YaBB God
*****
Posts: 11341
United States


View Profile
« Reply #16 on: March 31, 2012, 05:25:00 pm »
Ignore

He is our dark knight, our silent protector...
Logged

CARLHAYDEN
YaBB God
*****
Posts: 10689


Political Matrix
E: 1.38, S: -0.51

View Profile
« Reply #17 on: April 02, 2012, 11:45:42 am »
Ignore

Yeah, loan guarantees to his buddies.

Loans to foreign banks.

He wants to pick winners and losers, and opposes let the marketplace make such decisions.

Without a doubt the most arrogant and irresponsible chairman in the history of the Federal Reserve.

The very essence of a villain.

No, the 'marketplace' is the villain, carl.

The marketplace system is the very reason America is so prosperous. A good guy in every sense of the word.

You are VERY contradictory.

You SAY you are in favor of he marketplace system, but Bernanke favor crony capitalism, i.e. where the Federal Reserve picks winners and losers, rather than the marketplace!
Logged

Registered in Arizona for Fantasy election purposes.
Pages: [1] Print 
« previous next »
Jump to:  


Login with username, password and session length

Logout

Powered by SMF 1.1.18 | SMF © 2013, Simple Machines
Forums Directory