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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (75295)	12/11/2006 2:24:16 PM
From: Wyätt Gwyön	Read Replies (3) of 110194

Bernanke is a political hack appointed by Bush. Bernanke was chair of the Princeton econ dept and a prof there for a long time. he is not a career politician, or even a career bureaucrat. his academic credentials were a lot sounder than Greenspan's and even Volcker's. it does not make sense to call Bernanke a political hack. Are we supposed to lend more weight just because Bernanke got 1600 on the SAT? Is that a serious argument? no, but you should recognize he is not stupid and shouldn't be dismissed out of hand like you are doing. he is probably a lot smarter than Kasriel. (Bernanke got a 1590, btw) it is pretty funny that you think no "respected" economist can "rebut" your "article", when the most respected economist in the world of finance would surely disagree with you. and you just dismiss him out of hand as a political hack with your pseudo-arguments ("Furthermore, he has proven beyond a shadow of a doubt that he does not understand the causes or cures of the great depression.") why don't you go read the last twenty papers he published in journals of finance to put some meat on your "without a shadow of a doubt" proof.

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