Bernanke named Time’s Person of the Year

[Rich Toscano]

[quote=afx114]This comes up from time to time whenever a controversial person is put on the cover. It is not an “award” but rather a proclamation of the single person who most influenced, effected, and/or shaped the year. Hitler certainly fit the bill when he “won” it. Do Bernanke and his policies not fit that description?[/quote]

Good point… but to the extent that their article praises his awesome depression-preventing powers (which I’ll bet it did, though I have no interest in actually reading it), then my point about confidence in central bankers remains…

rich

[patientrenter]

[quote=Rich Toscano]….to the extent that their article praises his awesome depression-preventing powers (which I’ll bet it did…

rich[/quote]

You are right. It is painful to read, with it’s unstinting support for bubblenomics, for easy money, for the housing HPA Ponzi scheme, for moral hazard without limits…. But all this is indeed what Bernanke stands for.

[patientrenter]

[quote=Rich Toscano]….to the extent that their article praises his awesome depression-preventing powers (which I’ll bet it did…

rich[/quote]

You are right. It is painful to read, with it’s unstinting support for bubblenomics, for easy money, for the housing HPA Ponzi scheme, for moral hazard without limits…. But all this is indeed what Bernanke stands for.

[patientrenter]

[quote=Rich Toscano]….to the extent that their article praises his awesome depression-preventing powers (which I’ll bet it did…

rich[/quote]

You are right. It is painful to read, with it’s unstinting support for bubblenomics, for easy money, for the housing HPA Ponzi scheme, for moral hazard without limits…. But all this is indeed what Bernanke stands for.

[patientrenter]

[quote=Rich Toscano]….to the extent that their article praises his awesome depression-preventing powers (which I’ll bet it did…

rich[/quote]

You are right. It is painful to read, with it’s unstinting support for bubblenomics, for easy money, for the housing HPA Ponzi scheme, for moral hazard without limits…. But all this is indeed what Bernanke stands for.

[patientrenter]

[quote=Rich Toscano]….to the extent that their article praises his awesome depression-preventing powers (which I’ll bet it did…

rich[/quote]

You are right. It is painful to read, with it’s unstinting support for bubblenomics, for easy money, for the housing HPA Ponzi scheme, for moral hazard without limits…. But all this is indeed what Bernanke stands for.

[Arraya]

From Mish…

http://globaleconomicanalysis.blogspot.com/2009/12/time-magazines-kiss-of-death.html

Appearing on the cover of Time as person of the year is like a bell ringing. It almost always is akin to a figurative death sentence for the person involved, and sometimes even a literal one.

* Jeff Bezos made the cover in 1999 – the year the internet portion of the tech stock bubble topped out.
* GW Bush made the cover as his popularity rating had just begun to slide, ending at the worst such rating since Nixon, concurrent with a stock market crash.
* Hitler made the cover in 1938.
* General Chiang Kai Chek in 1937. It turned out to be an ill omen, career-wise.
* Stalin made the cover in 1939 and again in 1942.
* Kennedy made the cover the year before he was assassinated, as did Martin Luther King – a literal death sentence in both cases.
* Lyndon B. Johnson made the cover in 1964 – he was about to lead the country into the Vietnam catastrophe.
* Nixon and Kissinger made it in 1972.
* It was Yury Andropov’s turn in 1983 – he died shortly thereafter.
* Gorbachov became ‘man of the decade’ half a year before being forced to step down.
* Obama’s turn was last year.
* Most worrisome however, in 2006 Time decided to write on its person-of-the-year cover ‘You!’.

[Arraya]

From Mish…

http://globaleconomicanalysis.blogspot.com/2009/12/time-magazines-kiss-of-death.html

Appearing on the cover of Time as person of the year is like a bell ringing. It almost always is akin to a figurative death sentence for the person involved, and sometimes even a literal one.

* Jeff Bezos made the cover in 1999 – the year the internet portion of the tech stock bubble topped out.
* GW Bush made the cover as his popularity rating had just begun to slide, ending at the worst such rating since Nixon, concurrent with a stock market crash.
* Hitler made the cover in 1938.
* General Chiang Kai Chek in 1937. It turned out to be an ill omen, career-wise.
* Stalin made the cover in 1939 and again in 1942.
* Kennedy made the cover the year before he was assassinated, as did Martin Luther King – a literal death sentence in both cases.
* Lyndon B. Johnson made the cover in 1964 – he was about to lead the country into the Vietnam catastrophe.
* Nixon and Kissinger made it in 1972.
* It was Yury Andropov’s turn in 1983 – he died shortly thereafter.
* Gorbachov became ‘man of the decade’ half a year before being forced to step down.
* Obama’s turn was last year.
* Most worrisome however, in 2006 Time decided to write on its person-of-the-year cover ‘You!’.

[Arraya]

From Mish…

http://globaleconomicanalysis.blogspot.com/2009/12/time-magazines-kiss-of-death.html

Appearing on the cover of Time as person of the year is like a bell ringing. It almost always is akin to a figurative death sentence for the person involved, and sometimes even a literal one.

* Jeff Bezos made the cover in 1999 – the year the internet portion of the tech stock bubble topped out.
* GW Bush made the cover as his popularity rating had just begun to slide, ending at the worst such rating since Nixon, concurrent with a stock market crash.
* Hitler made the cover in 1938.
* General Chiang Kai Chek in 1937. It turned out to be an ill omen, career-wise.
* Stalin made the cover in 1939 and again in 1942.
* Kennedy made the cover the year before he was assassinated, as did Martin Luther King – a literal death sentence in both cases.
* Lyndon B. Johnson made the cover in 1964 – he was about to lead the country into the Vietnam catastrophe.
* Nixon and Kissinger made it in 1972.
* It was Yury Andropov’s turn in 1983 – he died shortly thereafter.
* Gorbachov became ‘man of the decade’ half a year before being forced to step down.
* Obama’s turn was last year.
* Most worrisome however, in 2006 Time decided to write on its person-of-the-year cover ‘You!’.

[Arraya]

From Mish…

http://globaleconomicanalysis.blogspot.com/2009/12/time-magazines-kiss-of-death.html

Appearing on the cover of Time as person of the year is like a bell ringing. It almost always is akin to a figurative death sentence for the person involved, and sometimes even a literal one.

* Jeff Bezos made the cover in 1999 – the year the internet portion of the tech stock bubble topped out.
* GW Bush made the cover as his popularity rating had just begun to slide, ending at the worst such rating since Nixon, concurrent with a stock market crash.
* Hitler made the cover in 1938.
* General Chiang Kai Chek in 1937. It turned out to be an ill omen, career-wise.
* Stalin made the cover in 1939 and again in 1942.
* Kennedy made the cover the year before he was assassinated, as did Martin Luther King – a literal death sentence in both cases.
* Lyndon B. Johnson made the cover in 1964 – he was about to lead the country into the Vietnam catastrophe.
* Nixon and Kissinger made it in 1972.
* It was Yury Andropov’s turn in 1983 – he died shortly thereafter.
* Gorbachov became ‘man of the decade’ half a year before being forced to step down.
* Obama’s turn was last year.
* Most worrisome however, in 2006 Time decided to write on its person-of-the-year cover ‘You!’.

[Arraya]

From Mish…

http://globaleconomicanalysis.blogspot.com/2009/12/time-magazines-kiss-of-death.html

Appearing on the cover of Time as person of the year is like a bell ringing. It almost always is akin to a figurative death sentence for the person involved, and sometimes even a literal one.

* Jeff Bezos made the cover in 1999 – the year the internet portion of the tech stock bubble topped out.
* GW Bush made the cover as his popularity rating had just begun to slide, ending at the worst such rating since Nixon, concurrent with a stock market crash.
* Hitler made the cover in 1938.
* General Chiang Kai Chek in 1937. It turned out to be an ill omen, career-wise.
* Stalin made the cover in 1939 and again in 1942.
* Kennedy made the cover the year before he was assassinated, as did Martin Luther King – a literal death sentence in both cases.
* Lyndon B. Johnson made the cover in 1964 – he was about to lead the country into the Vietnam catastrophe.
* Nixon and Kissinger made it in 1972.
* It was Yury Andropov’s turn in 1983 – he died shortly thereafter.
* Gorbachov became ‘man of the decade’ half a year before being forced to step down.
* Obama’s turn was last year.
* Most worrisome however, in 2006 Time decided to write on its person-of-the-year cover ‘You!’.

[KSMountain]

Churchill made it in 1940. That turned out alright.

[KSMountain]

Churchill made it in 1940. That turned out alright.

[KSMountain]

Churchill made it in 1940. That turned out alright.

[KSMountain]

Churchill made it in 1940. That turned out alright.

[Author]

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