Person of the Year 2009: Ben Bernanke

[newtothegame]

Source: Time

Bernanke is the 56-year-old chairman of the Federal Reserve, the central bank of the U.S., the most important and least understood force shaping the American — and global — economy. Those green bills featuring dead Presidents are labeled federal reserve note for a reason: the Fed controls the money supply. It is an independent government agency that conducts monetary policy, which means it sets short-term interest rates — which means it has immense influence over inflation, unemployment, the strength of the dollar and the strength of your wallet. And ever since global credit markets began imploding, its mild-mannered chairman has dramatically expanded those powers and reinvented the Fed.

Read more: http://www.time.com/time/specials/packages/article/0,28804,1946375_1947251,00.html#ixzz0Zra1PwJM


Read more: http://www.time.com/time/

[peace frog]

1. I'm sorry I read this after eating breakfast

It could come back up for a second look now. :puke:

[skoalyman]

17. Next you know he'll be in playgirl magazine.

:scared:

[WriteDown]

2. Wonder if he'll get a plaque or a trophy...

:eyes:

[ananda]

3. Yeah, puke.

Icksllimeyuck.

[rfranklin]

4. Wasn't Mussolini a Time Person of the Year....

or was that Hitler?

[AngryOldDem]

8. Hitler was.

And people seem to forget that this isn't necessarily an honor, nor a popularity contest.

[Robb]

11. Indeed. As evidenced by this thread, no less. nt

[Sub Atomic]

5. Wow. Obama gets the Nobel Peace Prize. Bernanke gets Man of the Year.

What's next? Carrot Top gets the Best Actor Oscar?

:crazy:

[valerief]

7. And Sarah Palin gets the Nobel prize in Physics!

Wouldn't surprise me. It's 1984 every year now. War is peace. Ignorance is strength.

[AlphaCentauri]

10. strange things are happening: The Truman Show

could it be that we are living in The Truman Show?

and history is begin written before it happen for future generation to believe it.

[Autumn Colors]

6. A miniature cathedral in the face might be nice (nt)

[valerief]

9. When did Toilet Magazine change its name to Time Magazine? nt

[Hestia]

12. Person of the Year 2009 -

Source: Time Inc

--
snippage

Bernanke is the 56-year-old chairman of the Federal Reserve, the central bank of the U.S., the most important and least understood force shaping the American — and global — economy. Those green bills featuring dead Presidents are labeled "Federal Reserve Note" for a reason: the Fed controls the money supply. It is an independent government agency that conducts monetary policy, which means it sets short-term interest rates — which means it has immense influence over inflation, unemployment, the strength of the dollar and the strength of your wallet. And ever since global credit markets began imploding, its mild-mannered chairman has dramatically expanded those powers and reinvented the Fed.



Read more: http://www.time.com/time/specials/packages/article/0,28804,1946375_1947251,00.html

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You have GOT to be kidding me - Bernanke is thug of the year? Boy, "they" are really trying to get ol' Ben back as Fed chairman, eh?

[closeupready]

13. Love those oxymorons - "independent government agency" - can't be both, Time.

n/t

[tonysam]

14. He's better than Duncan, but not much

I really think the Person of the Year should have been the unemployed.

[Jefferson23]

15. THAT is a bad joke!

[joeglow3]

19. You realize Hitler was Person of Year???

This does not mean it is an honor.

[underpants]

20. Ah yeas the "Masters of the Universe" brewing under the rubble pops up to take a look around

I could see "Wet blanket of the Year"

[camera obscura]

16. It's not an endorsement, it's an acknowledgement of economic strength

Unless people think Bernanke isn't powerful enough to qualify as Person of the Year?

[Popular Front]

18. Obama should have been named

:puke: