Bernanke Was Wrong

Bernanke telling us not to worry about housing, mortgages, or car companies in the years before the recession, like denying a train wreck that is coming down the tracks. Bernanke was chairman of President Bush's Council of Economic Advisers, and now as chairman of the Federal Reserve, he's the fourth most powerful person in the world according to Newsweek.

• Category

  News & Politics

[Tribefull]

He is either lying or stupid. And either way.......he's stupid.

[joealexcalder]

Ben Bernanke was not wrong. Ben Bernanke LIED to us. He lied to America. He knew what was happening and how it would happen and how he could just 'print' more money to bail-out his banker buddies. The Federal Reserve is one of the biggest cons ever.

If we wanted to impeach a president for lying to us, why can't we end the Fed for lying to us?

[gumzster]

Time made him Man of the year in 2009...right after he made as many wrong calls as he possibly could.

He now holds the entire world in his hand. How the f*** did it ever come to this?

[gcjohns1971]

Behold the Great And Powerful OZ!

Turns out he's just a bald guy without a clue, sitting behind his curtain and making flashes, whizzes, bangs and BUBBLES as he unwittingly pulls levers to put right what is wrong.

The main difference between him and you is this:

The power of life and death over millions has been put into his hands, power beyond his and any person's competency.

Yet there are still those who worship these men and lay sacrifices of human lives and fortunes at their feet.

[monkface]

What madness. He either has no idea what he's doing or he knows exactly what he's doing. Both of those prospects are terrifying.

[itbeme88]

What a failure....the man, the system, and most of the press who reports on it. In 2013; with the privilage of 20-20 hindsight, they still support this arsehole and think he is to valuable and experienced to let go.

[2sedated]

he didnt ever got anything right

[Randall Kantor]

Dr bernenke too much fiancial easining with the situation in china and europe is shakey at best

[Zeus Valentine]

he should have seen the writing on the wall.

[Ben Liberman]

I blame individual greed. Sure Bernanke was wrong. But it was us that were buying houses, doubling our money every couple of years and expecting the trend to continue forever. The question is what lessons have we learned.

[Mike Bode]

Because they are all in bed together!!!! No difference in parties they both kept the same economic teams in place. We are being duped!!! Cant wait for the 5.00 gas!

[Dice387]

or a genius for the elite