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Did Bernanke Save Us From A Depression?
IBD Editorials ^ | December 6, 2010 | Left wing dimwit EUGENE ROBINSON

Posted on 12/06/2010 5:17:15 PM PST by Kaslin

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1 posted on 12/06/2010 5:17:17 PM PST by Kaslin
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To: Kaslin

NO!


2 posted on 12/06/2010 5:19:24 PM PST by A. Morgan
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To: Kaslin

Made it worse.


3 posted on 12/06/2010 5:22:26 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: VRWC For Truth

And he is continuing to do the same things he did to make it worse.


4 posted on 12/06/2010 5:23:55 PM PST by jospehm20
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To: Kaslin
Crude oil is moving up and they are warning of $3.00 gas for Christmas. Gold is at a new high and they are not mentioning it. I guess they don't want people to put the facts together and see the dollar is tanking.
5 posted on 12/06/2010 5:27:09 PM PST by mountainlion (concerned conservative.)
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To: Kaslin

We were saved from a depression?


6 posted on 12/06/2010 5:27:11 PM PST by kearnyirish2
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To: A. Morgan

Make that a H*ll NO!

Banana Ben is enabling obama’s spending and far from saving the economy is helped create the problems that led up to the disaster to begin with.

Say What? 30 Ben Bernanke Quotes That Are So Stupid That You Won’t Know Whether To Laugh Or Cry

http://theeconomiccollapseblog.com/archives/say-what-30-ben-bernanke-quotes-that-are-so-stupid-that-you-wont-know-whether-to-laugh-or-cry


7 posted on 12/06/2010 5:29:31 PM PST by FromLori (FromLori)
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To: Kaslin

Only if you believe that suicide prevents heart attacks.


8 posted on 12/06/2010 5:32:02 PM PST by jazminerose (o)
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To: mountainlion

3.00$ by Christmas my foot. I filled up TODAY for 2.99$.


9 posted on 12/06/2010 5:34:13 PM PST by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
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To: Kaslin
I've NEVER posted a derogatory word about Bernanke. I can't presume that I know better than he.

HOWEVER, he might be the best central banker in the illustrious history of that breed, but no matter, when he drones, "it might take five or six years before we get back to full employment..." I know, clearly, that he doesn't get it. He's an academic, he doesn't understand the human engines of growth when acadademics just keep their greasy little hands off of them.

He's a national disaster, just like everyone else in this Administration from Hell.

10 posted on 12/06/2010 5:34:24 PM PST by the invisib1e hand (oy.)
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To: Kaslin

All of the Goldman-Sachs executives, and all their friends at all the other finacial institutions, should have been personally bankrupted before 1 cent was spent to bail out their institutions.


11 posted on 12/06/2010 5:34:26 PM PST by Bryan24 (When in doubt, move to the right..........)
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To: Kaslin

All of the Goldman-Sachs executives, and all their friends at all the other finacial institutions, should have been personally bankrupted before 1 cent was spent to bail out their institutions.


12 posted on 12/06/2010 5:34:41 PM PST by Bryan24 (When in doubt, move to the right..........)
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To: Kaslin
Did Bernanke Save Us From almost cause A Depression?

Fixed it

13 posted on 12/06/2010 5:39:09 PM PST by FatherofFive (Islam is evil and must be eradicated)
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To: Kaslin
Bernanke throws a large handful of turds into the punchbowl (QE2) while the politicans point to the far side of the ballroom shouting "look. look over there".

Weak and Weaker

14 posted on 12/06/2010 5:43:09 PM PST by VideoDoctor
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To: CommieCutter

It is over $3 in NY already.


15 posted on 12/06/2010 5:46:14 PM PST by Bookwoman ("...and I am unanimous in this...")
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To: mountainlion

Three dollars for gasoline? It’s been over three bucks here for months. Actually $3.14


16 posted on 12/06/2010 5:53:36 PM PST by ReverendJames (Only a lawyer and a painter can change black to white)
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To: Kaslin

‘scuse me but aren’t the Dems’s saying that more UE benefits would help create jobs? Then what was all that back in the 1930’s called The Great Depression all about.Ok back then they called it welfare but jobs????


17 posted on 12/06/2010 5:55:47 PM PST by ReverendJames (Only a lawyer and a painter can change black to white)
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To: Kaslin
"The unemployment rate is just not going down," he said in the interview...

Imbecile!

18 posted on 12/06/2010 6:01:16 PM PST by Onelifetogive (I tweet, too...)
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To: Kaslin
In 2008 and early 2009 Bernanke did prevent an economic shock that could have led to world wide currency collapse with a follow on depression by liquefying the worlds capitol markets.

Since that time he has been trying to keep the Democrat irresponsible economic policies from destroying the stop gap repairs he put in place.

I don't like what he has done but he has not been dealt a particularly good hand by our political leadership.

I don't know what else he could have done under the circumstances.

19 posted on 12/06/2010 6:08:13 PM PST by rdcbn
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To: Kaslin
I think the proper answer is ‘not yet’. The situation at hand is beyond the ability of government or the FED. It is not beyond those two entities ability to make the situation worse, unfortunately.

We are in for 10-12 rough years no matter what is done or not done. Bernanke’s moves so far have temporarily softened the initial blow, but he's walking a high-wire. There will be a payment later in the cycle for his early moves. We will have to see if that payment is worth its’ price later.

We won't know for at least decade how to judge Bernanke. This workout is just getting under way, there will be fits and starts and setbacks. Even if all the right guesses and moves are made (highly unlikely) we are going to experience low-growth for about decade compared to historical norms.

I don't agree with a lot that he has done, but I have to admit it's too early in this game make any judgments. We are still in the first quarter.

20 posted on 12/06/2010 6:10:58 PM PST by SaxxonWoods (Gone Galt and loving it)
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