“Bonus For Bernanke?” Commentary

I came across this commentary from Fareed Zakaria on CNN yesterday.  It is titled “Bonus For Bernanke?” : http://www.cnn.com/video/#/video/us/2010/01/31/gps.bernanke.bonus.cnn?iref=allsearch I mildly or strongly disagree with most of the assertions made by Fareed Zakaria in this piece.   The reason that I post it is that it contains a very good, concise representation of ideas from …

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Ben Bernanke’s January 3rd Speech

I would like to make a couple of comments regarding the speech Ben Bernanke gave on January 3.  It was titled “Monetary Policy and The Housing Bubble.” (pdf) I could make a significant amount of comments regarding this speech, as I partly or fully disagree with many of the points presented. I will, however, briefly comment …

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Two Notable Ben Bernanke Articles

Here are two articles on Ben Bernanke that I found interesting.  There is much I could comment upon in each.  I disagree or otherwise have differing opinions on various statements in these articles; however, I do feel the stories are valuable as they present an in-depth look at Ben Bernanke from a historical and philosophical perspective. …

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The Federal Reserve’s Role

In his December 7 speech, Ben Bernanke made the following comments with regard to the role of The Federal Reserve.  For now, I will post an excerpt I found notable, and may comment upon it at a later date: “In all of these efforts, our objective has not been to support specific financial institutions or markets for …

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Ben Bernanke On Unemployment

Ben Bernanke gave a speech on Monday at the Economic Club of New York.  Here is the link: http://www.federalreserve.gov/newsevents/speech/bernanke20091116a.htm I found his comments on unemployment to be noteworthy:  Here are some excerpts: “In addition to constrained bank lending, a second area of great concern is the job market. Since December 2007, the U.S. economy has …

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President Obama’s Remarks on Ben Bernanke

On Tuesday President Obama made remarks upon nominating Ben Bernanke for a second term as Fed Chairman.  The remarks can be found here: http://www.whitehouse.gov/the_press_office/Remarks-By-The-President-and-Ben-Bernanke-at-the-Nomination-of-Ben-Bernanke-For-Chairman-Of-the-Federal-Reserve/ I would like to comment on some of the phrases President Obama used in these remarks. President Obama says, “The man next to me, Ben Bernanke, has led the Fed through …

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Another Mention of The Great Depression

On July 26th Ben Bernanke said, “”I was not going to be the Federal Reserve chairman who presided over the second Great Depression.”  The quote and associated details can be found here: http://online.wsj.com/article/SB124865498517982625.html I found the quote interesting primarily as it once again underscores the popularity (or should I say fixation) that many people, including …

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James Hamilton’s Comment on Ben Bernanke

I found this blog post from James Hamilton to be interesting: http://www.econbrowser.com/archives/2009/06/on_grilling_the.html especially when he says this: “But it is another matter to question Bernanke’s intellect or personal integrity. As someone who’s known him for 25 years, I would place him above 99.9% of those recently in power in Washington on the integrity dimension, not …

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Is Ben Bernanke a “Hero”?

Recently various people have given high marks and effusive praise for Ben Bernanke’s performance during the Financial Crisis.  Here is a sampling: “Bernanke’s Handling of US Crisis Gets Strong Mark” : http://www.cnbc.com/id/31400566   From Jack Welch: “I think he saved the system, I think he’s a national hero,” Welch said. “I think Bernanke seems to be a guy …

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