The best Fed chief ever?

Ben Bernanke is expected to step down in the next few months. His has been a tumultuous tenure, but has his performance made him one of the great Fed leaders? Here's how they rate.

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51Comments
Jul 29, 2013 9:26PM
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Certainly... no one. The Federal Reserve itself is bogus. America was rich in resources and JP Morgan needed to harness the Dollar to ensure he and successor bankers could corrupt our lives forever. In a spirit of Greed and all that is evil, Ben Bernanke has fulfilled his anti-American duties well. Made he now collect his prize in Hell.
Jul 29, 2013 9:45PM
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When are people going to wake up to what the Federal Reserve is? They are the classical Anti Robin Hood taking from the poor and middle class and handing it to the ultra rich......A cabal of corrupt central world wide banks that basically control/steel money from the productive working middle class to enrich a few. As for Uncle Ben, he is stuck with no place to go with his low interest rates and printing fantasy dollars backed by worthless derivatives. If he tries to raise rates he's done. All he has left is the digital printing press. His predecessors were no better as Greenspan has the credit for creating the largest housing bubble / crash in modern times. All of the jawboning including this worthless shill article won't change the outcome, because mathematics is finite. You can only spend more than your economy can produce for so long....it's the ninth inning and the clock is running out. It makes no difference who is next, the economy is toast without an escape plan.
Jul 29, 2013 10:45PM
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Well one thing I know.  It CERTAINLY won't be helicopter ben. He'll go down as the WORST for doing the MOST damage to the US economy.
Jul 30, 2013 3:35AM
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"The Federal Reserve" Ripping off the American Public for 100 years strong.  Not all Americans know about this PRIVATELY owned BANK? The elite Robber Barons of 1913 got together on Jekyll Island  in Georgia and hatched the SCHEME.  To over take the financial system of the USA. They had a bill drawn up and past at 11:30 P.M. on a December night when most of the congress was gone for the night. These THIEVES have amassed Trillions of dollars off of HARD WORKING AMERICANS. The Federal Reserve needs to be ABOLISHED!!!  
Jul 29, 2013 9:55PM
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I keep reading about how much the wars cost added to the debt. They were 10 billion a month according to most estimates. Right now Obama is giving Wall St 85 billion per month. Does anyone see a problem???????????
Jul 29, 2013 7:54PM
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Uncle Ben should be at the bottom period. He has set up America for failure for the next Century. So as Congress was kissing his backside on his way out, they should have called him out. So basically both parties should be held accountable for not calling out the fraud known as Uncle Ben. His successor will literally have an impossible task. Tapering which is by the way, tightening.

Obama after already one year in office should have known that you don't comment as he did concerning the Fed Chiefs. That wasn't a revelation as Obama has continually shown he is the Worst Poker Player in World history. Even when you have the Stones, you don't show your hand. Obama might as well play the game with his Hands UP. Regardless of who is picked as the next FED chief, it's a no-win situation. It's not who was the Best Fed Chief but who was the Least Worst.

Jul 29, 2013 11:49PM
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ladies and gentlemen in case you have been  frozen with Dr. Evil,let me bring you up to date. THE GIG IS UP. We will continue to devalue the dollar to pay our federal,state and local bills for our children's ,children lives. Hopefully this doesn't end in another world war. Best case scenario a lower standard of living. My kingdom for a strong leader,but we have the one that was elected. The American people are weak,and have elected a man that buys them like slaves on the auction block. I have 3 sons and wish i was wrong,but history is unmistaken in the ramifications of our actions.
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My view about Bernanke, and all the money printing, he has done, that has devalued the dollar, I  agree with Gov. Rick Perry when he said= Printing more money to play politics at this particular time in American history is almost treacherous – or treasonous in my opinion," said Perry

There are laws in the US, to deal with treason.

Jul 29, 2013 10:35PM
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We all know the stock market is "Fed driven". At some point , the bond buying has to stop and the economy will return to where it should be without Fed involvement. The market is going to take a hit; maybe, a big hit. We have a false high right now. Bernanke stalled things. Didn't correct them, Just put things off on the next guy.
Jul 29, 2013 11:56PM
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The only good Fed chiefs were the ones who recognized the need for economic rebalancing.  Paul Volcker is thus a good choice for #1.  William McChesney Martin should be #2.

 

In naming Ben Bernanke #2, Charley Blaine is showing NO UNDERSTANDING OF ECONOMICS.

 

Bernanke is the KING OF FAKERY.  Instead of wanting economic balance, Bernanke tells us he can expand the money supply without causing inflation.  This is an OFFER OF SOMETHING FOR NOTHING.  In other words, Bernanke is playing us for fools!

 

The United States is dying for another Fed chief like Martin -- Take away the punch bowl!  Yes, Martin's and Volcker's way is PAINFUL, but Bernanke is driving us towards a crash.  If you want younger generations to have a good future, the economy must rebalance.

 

The new Chinese Premier, Li Kejiang, believes in economic balance and sound currency.  He cannot do what he wants, yet.  The Politburo's refusal to relinquish power limits him.  However, if Mr. Li holds the office for a long time, China is going to gain advantage over the U.S.  Moreover, if he could, Mr. Li would unpeg the yuan from the dollar, which would channel all those household goods at WalMart and Target back to Chinese workers, many of whom have never owned anything nice. 

Jul 29, 2013 10:16PM
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Bernake is #2, ARE YOU NUTS!?!?!?!?!?!?!?!?!?

This guy is screwing us ROYALLY and can't pull his head out of his **** far enough to see where we should be going next.

 

Charley, you're a failure.

 

Jul 29, 2013 8:06PM
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It matters little now who the Fed chairman is because all roads lead to perdition. 
Jul 30, 2013 5:15AM
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paul vocker was the best since 1980...allen greenspan did more damage and was often lead by the media into raising interest rates ,he micro managed and still gets his 2 cents in.
Jul 30, 2013 5:51AM
Jul 30, 2013 8:34AM
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I thought this article was the best not WORSE.  Greenspan  and all after him are the WORSE ever. Big mistake after big mistake. 
Aug 4, 2013 6:19AM
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The Fed is a joke causing recessions and depressions since 1913.
Jul 29, 2013 8:55PM
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Chief Powhattan.  After that all went downhill.
Aug 4, 2013 1:33PM
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Someone,

 

HOW is the FED necessary, considering we DID NOT HAVE one until 1913?  Do you mean to tell everyone that the United States economy sucked from 1776-1913? if you are, then I suggest you go back and read your economic history [YOU know, what you WEREN"T taught in public school]. We were on a gold/silver standard from 1789-1914, except from 1861-1873 [during and after the civil war]; and not only was inflation practically nonexistent, we had the longest economic boom in history from 1866-1896, which was also a period of DEFLATION. Sure, we had periods of recession about every 7-10 years, but they were short-lived. Ever since the FED was established, we've been lucky to have more than 2 to 5 years of a growing economy. Oh, yeah, the dollar has lost 97% of its value, since the fed was established in 1913, and believe me THAT IS NOT a coincidence.

Aug 4, 2013 12:20PM
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Woof Maddog

 

One thing that scares me though, is that China has been importing HUGE [and by that I mean TONS] amounts of gold in the last 10 years.  Some people have suggested that when they have enough, they will start backing their currency with gold. If they do that, every other country in the world, that doesn't have enough gold in their vaults, [and most don't] are going to be totally screwed.  I'm NOT saying this is going to happen, but it COULD, and knowing Chinese history, it IS possible. Then they WILL be the economic powerhouse of the world again.

Aug 4, 2013 7:16AM
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Charlie Blaine...YOU'RE FIRED! The FED is a Ponzi scheme and you must be on its payroll!
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