Politics

Bernanke's Back

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As is too often the case in politics, the interesting speculations about his possible downfall come a cropper, and we will be able to blame/credit Ben Bernanke for the recovery/continuing disaster down the line as he's reconfirmed by the Senate as grand high poobah god king of the central banking system.

The anti-Fed movement that helped create the atmosphere that made it seem sweetly possible for just a second that this might not happen was profiled by me in Reason magazine's November 2009 issue. I profiled the beginnings of his alas successful re-election campaign back in July.

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  1. Anyone have the list of the senators who voted to confirm? It’s very important for this vote to haunt them when they run for re-election.

    -jcr

    1. I see that Kay Bailey Hutchison is taking her Governship race seriously.

      1. She is kind of an empty suit. But Perry is a first class statist piece of shit. I hope she wins.

  2. No posts today on Sallanger and Zinn finally meeting their ends?

    1. You’ll have to go back to late last night for the Zinn material. As for Sallinger, he was so reclusive that Reason editors want to make sure he really died before they post.

      1. I wasn’t on last night. And +1 on the Sallanger comment.

  3. Bernanke’s back. Yay! The first harbinger of Spring! When flowers bloom and robins sing! Our long winter is over. Yay!

  4. Two trailer park girls go round the outside,
    round the outside, round the outside.
    Two trailer park girls go round the outside,
    round the outside, round the outside.

    “Ooooohhhhh!”

    Guess who’s back, back again
    Bernanke’s back, tell a friend
    Guess who’s back, guess who’s back,
    guess who’s back, guess who’s back,
    guess who’s back, guess who’s back,
    guess who’s back…

    Verse 1:
    I’ve created a monster, cuz nobody wants to
    See Marshall no more they want Bernanke
    I’m chopped liver
    Well if you want Bernanke, then this is what I’ll give ya
    A little bit of weed mixed with some hard liquor
    Some vodka that will jumpstart my heart quicker
    Then a shock when I get shocked at the hospital
    By the Dr. when I’m not cooperating
    When I’m rocking the table while he’s operating “Hey”
    You waited this long to stop debating
    Cuz I’m back, I’m on the rag and ovulating
    I know you got a job Ms. Bernanke
    But your husbands heart problem is complicated
    So the FRS won’t let me be
    Or let me be me so let me see
    They tried to shut me down on MTV
    But it feels so empty without me
    So come on dip, bum on your lips
    f*ck that cum on your lips and some on your tits
    And get ready cuz this sh*t’s about to get heavy
    I just settled all my lawsuits, “f*ck you Bernanke!”

    Now this looks like a job for me
    So everybody just follow me
    Cuz we need a little controversy,
    Cuz it feels so empty without me

    I said this looks like a job for me
    So everybody just follow me
    Cuz we need a little controversy,
    Cuz it feels so empty without me

    Little hellions, kids feeling rebellious
    Embarrassed, their parents still listen to Bernanke
    They start feeling like prison is helpless,
    Til someone comes along on a mission and yells “b*tch”
    A visionary, vision is scary, could start a revolution,
    Pollutin’ the air waves a rebel
    So let me just revel and bask,
    In the fact that I got everyone kissing my ass
    And it’s a disaster such a catastrophe
    For you to see so damn much of my ass you ask for me?
    Well I’m back (*Batman Noise*) fix your bent antenna
    Tune it in and then I’m gonna enter
    Into the front of your skin like a splinter
    The center of attention back for the winter
    I’m interesting, the best thing since wrestling
    Infesting in your kids ears and nesting
    Testing “Attention Please”
    Feel the tension soon as someone mentions me
    Here’s my 10 cents my 2 cents is free
    A nuisance, who sent, you sent for me?

    A tisk-it a task-it,
    I go tit for tat with anybody who’s talking this sh*t that sh*t
    Ben Bernanke, you can get your ass kicked
    Worse than them little Limp Bizkit bastards,
    And Bernankie, you can get stomped by Obama,
    You 36 year old bald headed fag blow me
    You don’t know me, you’re too old
    Let go, it’s over, nobody listens to techno
    Now lets go, just give me the signal
    I will be there with a whole list full of new insults
    I’ve been dope, suspenseful with a pencil
    Ever since Bernanker turned himself into a symbol
    But sometimes the sh*t just seems,
    Everybody only wants to discuss me
    So this means I’m disgusting,
    But its just me I’m just obscene
    Though I’m not the first king of controversy
    I am the worst thing since Ben Bernanke,
    To do Black Music so selfishly
    And use it to get myself wealthy (Hey)
    There’s a concept that works
    20 million other white rappers emerge
    But no matter how many fish in the sea
    It’ll be so empty without me

    Hum dei la la la, la la la la la, la la la la la, la la la la
    Hum dei la la la, la la la la la, la la la la la, la la la la

    “Kids!”

    1. To save the world from further rap, I am back.

      1. The troll has returned to save the day!

      2. Be sure to bring along Libertarian self-esteem dept, rather crazy that Libertarian, put up or shut up, etc. They can help to save the world too.

        1. When are you coming out of the clos…test tube?

          1. @RCTL

            When are you going to leave your dorm room and go out like the other girls?

          2. Come on, live a little!

            Libertarian self-esteem dept, rather crazy that Libertarian, and put up or shut up would all enjoy a night on the town. Even RCTL 2.0, ReCTal and the real RCTL are itching to get out there.

            Try finding someone to have an intelligent conversation with. We try so hard here on this blog but you can’t seem to get the hang of stringing words together that make sense and have any relation to the discussion. You have spent so much time in the past pointing out spelling and grammar errors in the comments section like they are an indictment of libertarianism. These are comments, not a thesis on Austrian economics.

            And then there are your talking points. “Libertarians don’t care about children”, “mommy they took my money”, “libertarians only care about themselves”, “libertarians and adults are not similar”, etc. I know they are easier than meaningful debate but they really bring nothing to the discussion.

            1. I can see you not only archive your thought but mine too. How sweet. Learn Austrian economics? I am only here to observe till I am shot out of the next white hole. 😉

    2. all the colloidal silver in the world couldn’t buy us out of our current bust!

  5. Don’t worry.

    I’ve got Bernanke’s back.

  6. the problem with not keeping Bernanke is… do you really think this administration would put somebody BETTER in?

    1. No. They wouldn’t reanimate Milton Friedman, even if they had the technology. Same goes for Milton Friedman’s brain in a jar hooked up to a robot.

      And that settles the question.

    2. Prezactly.

      If not Bernanke, you’d have gotten some other Krugmann clone.

      1. Bernanke occasionally shows some concern for how much money he’s pumped into the economy and might one day try to tighten the money supply, staving off inflation. It’s unlikely, but it could happen.

        Anyone Obama appoints would be seen by him as an ATM without limits, and would be a sympathizer/puppet to the administration.

        On the other hand, Obama can blame always tie Bernanke to Bush and blame him for whatever goes wrong. If Obama appointed someone, then he would have to take responsibility for him.

      2. Hey, whats wrong with Paul Krugman clones? Much better than some republican like John Boehner, fresh out the tanning bed

    3. Well, he has a limited pool to choose from. The chairman is chosen from the sitting seven Board of Governor who are appointed to 14 year terms. If Ben had been ousted he still would be on the Board. It’s not like he could have pulled in some schlub off the street.

      1. Oh, sorry. I forgot there are two vacancies on the board right now. So I guess he could have pulled in some schlub off the street and may still.

  7. The Bear

    The bear puts both arms around the tree above her
    And draws it down as if it were a lover
    And its choke cherries lips to kiss good-bye,
    Then lets it snap back upright in the sky.
    Her next step rocks a boulder on the wall
    (She’s making her cross-country in the fall).
    Her great weight creaks the barbed-wire in its staples
    As she flings over and off down through the maples,
    Leaving on one wire moth a lock of hair.
    Such is the uncaged progress of the bear.
    The world has room to make a bear feel free;
    The universe seems cramped to you and me.
    Man acts more like the poor bear in a cage
    That all day fights a nervous inward rage
    His mood rejecting all his mind suggests.
    He paces back and forth and never rests
    The me-nail click and shuffle of his feet,
    The telescope at one end of his beat
    And at the other end the microscope,
    Two instruments of nearly equal hope,
    And in conjunction giving quite a spread.
    Or if he rests from scientific tread,
    ‘Tis only to sit back and sway his head
    Through ninety odd degrees of arc, it seems,
    Between two metaphysical extremes.
    He sits back on his fundamental butt
    With lifted snout and eyes (if any) shut,
    (lie almost looks religious but he’s not),
    And back and forth he sways from cheek to cheek,
    At one extreme agreeing with one Greek
    At the other agreeing with another Greek
    Which may be thought, but only so to speak.
    A baggy figure, equally pathetic
    When sedentary and when peripatetic.

  8. Poem by RObert Frost

  9. …and there’s gonna be trouble\\
    Hey na, hey na, Bernanke’s back.

    /got nothing

  10. Intro (Guess Who’s Back?) Lyrics

    [ Refrain 1 ]
    2 trailer park girls go round the outside
    round the outside, round the outside
    [ Repeat Refrain 1 ]

    [ Refrain 2 ]
    Guess whos back [ echo ] , back again [ echo ]
    Shadys back [ echo ] , tell a friend [ echo ]
    Guess who’s back [ 8 times ]
    [ Verse 1 ]
    I’ve created a monster, cuz nobody wants to
    see Marshall no more they want Shady I’m chopped liver
    well if you want Shady, this is what I’ll give ya
    a little bit of weed mixed with some hard liquor
    some vodka that’ll jumpstart my heart quicker then a
    shock when I get shocked at the hospital by
    the Dr. when I’m not cooperating
    when I’m rocking the table while he’s operating
    you waited this long now stop debating cuz I’m back,
    I’m on the rag and ovulating
    I know that you got a job Ms. Cheney but your
    husbands heart problem’s complicating
    So the FCC wont let me be or let me be me so let me see
    they tried to shut me down on MTV but it feels so empty without me
    So come on and dip, bum on your lips fuck that,
    cum on your lips and some on your tits and get ready
    ’cause this shit’s about to get heavy
    I just settled all my lawsuits Fuck
    YOU DEBBIE!

    [ Chorus X2 ]
    Now this looks like a job for me so everybody just follow me
    cuz we need a little controversy,
    cuz it feels so empty without me

    [ Verse 2 ]
    Little hellions kids feeling rebellious
    [ Lyrics found at http://www.mp3lyrics.org/cx ]
    embarrassed, their parents still listen to Elvis
    they start feeling the prisoners helpless,
    ’til someone comes along on a mission and yells “bitch”
    A visionary, vision is scary, could start a
    revolution, pollutin the air waves a rebel
    so let me just revel an bask, in the fact
    that I got everyone kissing my ass
    and it’s a disaster such a catastrophe for you to see
    so damn much of my ass you ask for me?
    Well I’m back [ batman sound ]
    fix your bent antennae tune it in and then I’m gonna
    enter in and up under your skin like a splinter
    The center of attention back for the winter
    I’m interesting, the best thing since wrestling
    Infesting in your kids ears and nesting
    Testing “Attention Please” feel the
    tension soon as someone mentions me
    here’s my 10 cents my 2 cents is free
    A nuisance, who sent, you sent for me?

    [ Chorus X2 ]

    [ Verse 3 ]
    A tisk-it a task-it, I’ll go tit for tat with
    anybody who’s talking this shit that shit.
    Chris Kirkpatrick you can get your ass kicked
    worse than them little Limp Bizkit bastards, and Moby
    you can get stomped by Obie, you 36 year old bald headed fag blow me
    You don’t know me, you’re too old let go its
    over, nobody listens to techno
    Now lets go, just give me the signal I’ll be there
    with a whole list full of new insults
    I’ve been dope, suspenseful with a pencil ever since
    Prince turned himself into a symbol
    But sometimes the shit just seems, everybody only wants to discuss me
    So this must mean I’m disgusting, but its just me I’m just obscene
    Though I’m not the first king of controversy
    I am the worst thing since Elvis Presley,
    to do Black Music so selfishly
    and use it to get myself wealthy (Hey)
    there’s a concept that works
    20 million other white rappers emerge
    but no matter how many fish in the sea it’d be so empty without me

    [ Chorus X2 ]

  11. Intro (Guess Who’s Back?) Lyrics

    Two trailer park girls go round the outside
    round the outside, round the outside

    Guess whos back, back again
    Shadys back, tell a friend
    Guess who’s back [ 8 times ]

    I’ve created a monster, cuz nobody wants to
    see Marshall no more they want Shady I’m chopped liver
    well if you want Shady, this is what I’ll give ya
    a little bit of weed mixed with some hard liquor
    some vodka that’ll jumpstart my heart quicker then a
    shock when I get shocked at the hospital by
    the Dr. when I’m not cooperating
    when I’m rocking the table while he’s operating
    you waited this long now stop debating cuz I’m back,
    I’m on the rag and ovulating
    I know that you got a job Ms. Cheney but your
    husbands heart problem’s complicating
    So the FCC wont let me be or let me be me so let me see
    they tried to shut me down on MTV but it feels so empty without me
    So come on and dip, bum on your lips fuck that,
    cum on your lips and some on your tits and get ready
    ’cause this shit’s about to get heavy
    I just settled all my lawsuits Fuck
    YOU DEBBIE!

    Now this looks like a job for me so everybody just follow me
    cuz we need a little controversy,
    cuz it feels so empty without me

    Little hellions kids feeling rebellious
    embarrassed, their parents still listen to Elvis
    they start feeling the prisoners helpless,
    ’til someone comes along on a mission and yells “bitch”
    A visionary, vision is scary, could start a
    revolution, pollutin the air waves a rebel
    so let me just revel an bask, in the fact
    that I got everyone kissing my ass
    and it’s a disaster such a catastrophe for you to see
    so damn much of my ass you ask for me?
    Well I’m back [ batman sound ]
    fix your bent antennae tune it in and then I’m gonna
    enter in and up under your skin like a splinter
    The center of attention back for the winter
    I’m interesting, the best thing since wrestling
    Infesting in your kids ears and nesting
    Testing “Attention Please” feel the
    tension soon as someone mentions me
    here’s my 10 cents my 2 cents is free
    A nuisance, who sent, you sent for me?

    A tisk-it a task-it, I’ll go tit for tat with
    anybody who’s talking this shit that shit.
    Chris Kirkpatrick you can get your ass kicked
    worse than them little Limp Bizkit bastards, and Moby
    you can get stomped by Obie, you 36 year old bald headed fag blow me
    You don’t know me, you’re too old let go its
    over, nobody listens to techno
    Now lets go, just give me the signal I’ll be there
    with a whole list full of new insults
    I’ve been dope, suspenseful with a pencil ever since
    Prince turned himself into a symbol
    But sometimes the shit just seems, everybody only wants to discuss me
    So this must mean I’m disgusting, but its just me I’m just obscene
    Though I’m not the first king of controversy
    I am the worst thing since Elvis Presley,
    to do Black Music so selfishly
    and use it to get myself wealthy (Hey)
    there’s a concept that works
    20 million other white rappers emerge
    but no matter how many fish in the sea it’d be so empty without me

  12. I’m so disappointed that Obama didn’t take my advice about appointing Bush.

  13. I’d have nominated my Lord and Savior, Anon-Bot.

    1. Anon-Bot? No way. He’s not scary enough. This man on the other hand . . . is. I’d follow him to hell and back I would!

  14. God bless server squirrel? No! God damn server squirrel!

  15. Does anyone here honestly think that anyone appointed by Obama would have been better than Bernanke? Don’t you think it’s more likely that whoever he appointed would be more interventionist and less free-trade oriented than Bernanke? I for one was relieved he was reappointed.

  16. Ben, we Congressmen need look no more
    We all found what we were looking for
    With a Fed to call our own
    We’ll never be alone
    And you, our Bernanke, will see
    We’ve got a friend in thee
    (we’ve got a friend in thee)

  17. domo, are you out there? You’re our smartest poster on matters monetary. What’s your take on Bernanke?

  18. Bernanke?!

    He still owes me money!

    1. Ugh, and of course I screw up in trying to change my handle to “John Winger”…

  19. I recently came across your blog and have been reading along. I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

    Margaret

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  20. Bernanke occasionally shows some concern for how much money he’s pumped into the economy. As one wrote I think that may be one of his crusades is how much money he has pumped into the economy. However the guy is a rip off in my opinion.He maybe holding off inflation for a while but certainly not long.Remember your sunday school lessons

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  22. Many politicians will not want the Fed to put the brakes on recovery by raising rates. Indeed, the Senate majority leaderof Nevada, offered only a lukewarm endorsement last week after telling Mr. Bernanke that the Fed must do more to ease lending to households and small businesses. While the Fed says Mr. Bernanke gave Mr. Reid no specific commitments, the central bank will continue to face close scrutiny.
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  23. Ben.S.Bernanke sure owes a lot to Obama and not to mention, to us! After all this, Obama still declared Bernanke as keepsake? Irony of life. Shouldn’t he try and make his own mistakes and not Bush’s. Bernanke is after all Bush’s find! This four years term will be hell lot of hard for him. To rise up to the expectation of tired-of expecting-too-much-public! To top it, the stress of weakest ever endorsement of 70-30 votes. Grab a cup of popcorn, let’s sit back and watch how the architect of recovery rebuilds our economy!

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