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Mish's Global Economic Trend Analysis is the #1 Blogger for Ben Bernanke
Krugman: "I am rather a supporter of Mr. Bernanke at the Federal Reserve which is partly because I think he is the right man for the job, partly because before he was demoted to his current position he was a professor at Princeton University which is where I also teach.
1 bloggers weighed in on a similar topic
2 Weeks Ago,
Michael Shedlock(noreply@blogger.com) from Mish's Global Economic Trend Analysis says
(in Wall Street Journal Questions Bernanke's Credibility and Political Will)
Yes, much of Wall Street wants to see Mr. Bernanke confirmed. The Street is currently making a bundle off Fed policy, as it borrows at near-zero rates and lends long, and the banks don't want that to end. The banks also loved negative real interest rates in the middle of the last decade, and we kn...
WASHINGTON -- Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffered in recession.
Fri, Jan 29 | from U.S. News & World Report