He is much more harmful to America than Bin Laden or Kim Jong Il. He has some Ivory Tower view that stealing 20% of the wealth from Americans is somehow doing good. He lied to Congress when he said he wouldn't monetize debt. He made sure the bankers and foreign investors in the real estate mortgage mess were made whole and prospered at Americans' expense. He needs to be stopped. He can't be handcuffed by legislation from Repubs in Congress; Obama would simply veto it if it even did pass both houses. However, he can be exposed in House Committees which could subpoena him to testify and expose to American People what he has done. He is the most dangerous person to America, and he must be stopped before he screws the average person so bad they will never recover.
Simplemind to blame Ben,Obama when all govt. employees are self serving. And no politicians will cut spending. Govt.employees is what Bonds,QE pays for. We pay for it in taxes, slow economy and inflation.
Once Bush and Paulson okay'd the Tarp Program for the banks it was all over from their.
The Fed continues to bailout the banks with their ZIRP. What this means is the remaining working Americans are getting robbed. ITS OVER. The American People are losing faith.
Ben doesn't seem to realize he is playing with fire and is in danger of igniting an inflation inferno.Gasoline is already up 20 cents a gallon in one week where I reside.There is the possibility he could trigger a trade or currency war.
"Ben doesn't seem to realize he is playing with fire and is in danger of igniting an inflation inferno."
Does he? Or doesn't he? Unfortunately, the political interests of this country are not aligned with the interests "of the people."
if you bought in March 09 and have been long on metal and equities, Ben Bernanke is a hero. If you stayed in cash you have to be hating life, so why not blame Bernanke for your misery.
We're all market players, but the average person is not. Most who are working probably have some stock as part of a 401K, but other than that the majority have their money in the bank and in their house. I would bet that fewer still hold gold and commodities. The Fed action shouldn't screw Americans, unless they are sophisticated enough to be timing the market and buying commodities.