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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (75295)12/11/2006 2:24:16 PM
From: Wyätt Gwyön  Read Replies (3) | Respond to 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.



To: mishedlo who wrote (75295)12/12/2006 10:09:50 AM
From: Tommaso  Read Replies (2) | Respond to of 110194
 
"Bernanke is a political hack appointed by Bush."

The usual way to attack Bernanke is to call him a pointy-headed academic who is out of touch with reality.

Has Bernanke ever run for elective office? I think that is usually part of being a political hack.



To: mishedlo who wrote (75295)12/12/2006 10:28:28 AM
From: Jim McMannis  Read Replies (1) | Respond to of 110194
 
So what should "political hack" Ben Bernanke be doing if he wasn't such a "political hack".

Maybe he should still be hiking rates?



To: mishedlo who wrote (75295)12/13/2006 2:02:13 AM
From: bart13  Respond to of 110194
 
From my read, it wouldn't matter if you said the sky was blue with that WG-dork.

He'll pick at it with minor points, or change the subject, or push other emotional buttons, or ridicule some minor portion of your post, or attack you personally in an ad hominem manner and then accuse you of doing it.

But the real identifier of his small mind and insecurity of his own position is that he only infrequently addresses the actual issue. The two times he got after me, he never addressed the issues raised and on the second time wasn't even smart enough to figure out what it was.
If you stick with your basic points, you'll find he either has no answer to them... or maybe he'll actually contribute something besides wanton criticism intended to misdirect.