Comments on: Obama Reappoints Bernanke

By: RB @ Financial Samurai

RB @ Financial Samurai — Thu, 27 Aug 2009 03:35:27 +0000

Better to have stability man. If Bernanke wasn’t reappointed, the market would have dived 7% that day. Stability is KEY for the next 12 months. Government shouldn’t mess around.

By: Stephen Kline

Stephen Kline — Thu, 27 Aug 2009 01:59:27 +0000

Hi Emily, thanks for posting! I agree that Bernanke was a questionable choice. Mainly, because he supported the flawed policies of the Greenspan Fed and he was slow to recognize the full extent of the credit crisis early on. After he recognized the nature of the crisis he did do a good job addressing the issue. Of course all we’re really doing is turning one problem into another!

-Gen Y Investor

By: Emily @ Under$1000PerMonth

Emily @ Under$1000PerMonth — Wed, 26 Aug 2009 22:46:09 +0000

I definitely would not have reappointed Bernanke, not after what he did to Bank of America. Don’t know who I would have appointed. But this guy was a Bush insider. Isn’t Obama supposed to be for “hope and change?”