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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (124012)	10/16/2012 6:21:01 PM
From: RetiredNow	Respond to of 149317

What probability do you place on the likelihood of you being right about Bernanke? - Sr K mindmeld => about 80%. I go by history and history proves it. But I could be wrong. And what probability of you being wrong (and that he is awarded the Nobel Prize in Economics not later than 2019)? - Sr K mindmeld => about 20%. I'm not impressed by Nobel Prizes. My family is full of highly educated people. I have multiple degrees myself. Anyone who abdicates their brain and leaves important decisions to others with no scrutiny whatsoever because they think someone else is smarter, is either lazy or a fool. There are plenty of equally impressive economists who think Bernanke is wrong. Mises, Hayek, Taylor, Volcker, Richard Fischer (Dallas Fed). So do you just go with whatever your favorite economist says or do you do your own homework when making decisions about who's right? I can tell you that over the years, as part of getting my degrees as well as just for fun, I've read many economics books espousing differing views including those by Keynes, Mises, Hayek, Friedman, Rogoff, Galbraith, and Stiglitz. So I feel I'm well positioned to decide for myself who I think will do a better job, Bernanke or Taylor. I vote Taylor, which means I vote Romney.