Wednesday, December 16, 2009

You can't make this up:

Bernanke Named Time’s ‘Person of the Year’
His arguments aren't partisan or ideological; they're methodical, grounded in data and the latest academic literature. When he doesn't know something, he doesn't bluster or bluff. ...

He is not ... a typical Beltway power broker.

Yglesias writes:
Time giving Ben Bernanke it’s Person of the Year honors seems to me to say a lot about where we are as a society.
No kidding.

Yglesias continues: (orig emp)
... it demonstrates a very specific class skew—extraordinary intervention into the market place just long enough to fix the situation from the point of view of asset-owners while leaving wage-earners holding the bag. (...)

In a lot of respects it strikes me as the most fitting possible choice, an eloquent statement about where America is in 2009.


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