Any legacy of Ben Bernanke after his last news conference???
Posted in the Banking Forum
#1 Dec 19, 2013
He may not agree but my assessment is NO...The reasons are many:
1) He has only one month to stay as the Fed Chief but he acted as if he will stay on for another term - He set the path of What Fed will do in 2014: For that I accused him of Deviousness, Deception and Dishonesty- For he is not only outreaching but also committed the offense of Step-out-of-bounds ;
2) He showed his deception and life long trickery by saying he will taper starting in January 2014 but the real message is to corner and confine the new Fed Chief 's ability to manage and offer any alternatives - The question is: Who gave him the power to do so??
3) He displayed all smiles when he walked up in front of a microphone and in front of the press - Supposedly, he is to leave a Departure Speech..Instead, he
dropped a bomb to say what Fed shall do in the year 2014...
Sorry, I don't buy it..His trickery has sowed enough seed of damages and ruins to America...There is no Legacy but full exposure of a Crooked and Devious Bureaucrat fading into history at end and at best!!!
I will be more interested in knowing his Watch given by David Cheever of Oahu, Hawaii and his net worth after January 2014...
History never lies!!!
#2 Dec 19, 2013
There is a reason President Obama decided to let him go one year ago...
Now, hew said he would stay in Washington, DC after January, 2014...My question is: For What???
Ben Bernanke could not find a job else where???
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