This is an interesting piece from Nouriel Roubini.
I totally 100% agree that Bernanke should be nominated for another term.
Why should anyone else come in and try to clean up his mess?
Why should we let Bernanke off the hook? Let him get reappointed so that he can play his fiddle while Rome burns.
This is the same reason I voted for Bush in 2004. Why should John Kerry and the Democrats have to take accountability/ownership for the Iraqi War? Let Bush the dolt sink with it. In retrospect it would have been too easy on Dubya if he would have lost in 2004.
www.nytimes.com/2009/07/26/opinion/26roubini.html?_r=2&scp=4&sq=bernanke&st=cse
You make an excellent point on Bush. Bush's entire legacy was burned in his 2nd term. People figured this guy was so inept after the 04 election. That's the only reason Obama is Prez today. Bernanke should be held responsible for the mess, reappointing him makes him accountable.
ReplyDeleteSo true...keep up the good work.