comments_image -

TIME Names Bernanke (Wall Street's) Person of the Year

The Fed chairman is Wall Street's Government Official of the Year! OK, OK -- one of many.
December 16, 2009  |  
 
Advertisement
 

This morning, my RSS feeds were alight with the news that Ben Bernanke has been named TIME's Person of the Year for 2009.

Despite my own lack of enthrallment with the Federal Reserve chairman, the magazine isn't completely off-track when it writes:

But the main reason Ben Shalom Bernanke is TIME's Person of the Year for 2009 is that he is the most important player guiding the world's most important economy. His creative leadership helped ensure that 2009 was a period of weak recovery rather than catastrophic depression, and he still wields unrivaled power over our money, our jobs, our savings and our national future. The decisions he has made, and those he has yet to make, will shape the path of our prosperity, the direction of our politics and our relationship to the world.

Indeed, the decisions Bernanke has made are likely to affect us for years to come. But the difference is I'm on the side of those who add the caveat that Bernanke's "creative" tenure as Reserve Chairman will negatively affect regular Americans' economic futures.

Daniela Perdomo is a contributing writer & editor at AlterNet. Follow her on Twitter.

submit to reddit

-
Email
Print
Share
LIKED THIS ARTICLE? JOIN OUR EMAIL LIST
Stay up to date with the latest AlterNet headlines via email
See more stories tagged with: economy, polling, time magazine, recession, federal reserve, ben bernanke
Advertisement
Most Read
Most Emailed
Most Discussed
On REDDIT
On DIGG
 
loading most read content ..
Advertisement
Former GOP Congresswoman Blasts New GOP Women’s Caucus: ‘They’re Not Voting In Best Interest Of All Women’

By Josh Israel | ThinkProgress

 
 
Debbie Wasserman Schulz is Wrong on Wisconsin

By LaFeminista | DailyKos

 
 
Pro-Coal Group Pays People to Wear Its Shirts at EPA Hearing

By Heather Moyer | Sierra Club

 
 
Kids Inundate NY Governor With Concerns About Fracking

By Seth Gladstone | Food and Water Watch

 
 
Shareholders, Top Doctors Demand McDonald's Assess its Health Impacts

By Sara Deon | Civil Eats

 
 
Republicans Block NY Minimum Wage Increase That Would Give 880,000 Workers a Raise

By Laura Clawson | Daily Kos

 
 
Why Don't TV Meteorologists Believe in Climate Change?

By Katherine Bagley, | Inside Climate News

 
 
New Book Says Teenage Obama Was a Huge Pot Head -- So Why Won't He Legalize It for the Rest of Us?!

By Kristen Gwynne | AlterNet

 
 
Pew Poll Finds Clean Energy Is A Political Wedge Issue for Republicans

By Stephen Lacey | Climate Progress

 
 
Mitt 'Not Concerned with the Very Poor' Romney Visits West Philly, Gets Lesson in Keeping it Real

By Kristen Gwynne | AlterNet

 
 
 
 
 
loading ...
POWERED BY DIGG'S USERS
 
[ page served from web 2 ]