What do you think? From bad…Better or worse
Well, what are these guys going to do differently at this point? Raise rates? I’m a bit worried about this whole thing where the President does not reappoint the Federal Reserve chairman because he is perceived to have helped the other Presidential candidate.
Reserve bank does not need replacing, as they are one of the few people who know what they’re doing…but given the mood in the Republican party…we may well end up with Ron Paul as Fed Governor.
Doesn’t matter.
Greenspan got to put the long put and claim the glory thanks to his predecessor Volcker.
No such help from Bernanke. The new guy is fucked.
Jim Cramer!
Bernanke’s one of the few beacons of hope in the american system right now… The next guy could be pretty good as well sure, but this whole partisan politics thing has got to stop.
Taylor rule baby. I’ll never forget that equation!
I remember when Bush first announced in the fall of 2005 that Bernanke would take over Greenspan the following year. The bond market tanked for 10 minutes. He was considered a hawk even though he had the nickname of Helicopter Ben.
I feel like most people view Bernanke as Obama’s boy, despite being appointed in the prior admin.
I agree that Bernanke has been the voice of reason throughout this downturn.
Arnold Schwarzenegger