By Steve Keen, Associate Professor of Economics & Finance at the University of Western Sydney and author of Debunking Economics: The Naked Emperor of the Social Sciences The US Senate should not reappoint Ben Bernanke. As Obama’s reaction to the loss of Ted Kennedy’s old seat showed, real ... Read more

Bernanke's hubris, inability to admit mistakes, and his blaming everyone but himself for his mistakes is increasingly starting to touch on nerves. On Tuesday, the New York Times asked the right question: If Fed Missed This Bubble, Will It See a New One? In 2005, Mr. Bernanke — then a Bush adminis ... Read more

Fed chairman Ben Bernanke is back at it again, pointing the crisis finger at everyone but himself. To be sure there are plenty of congressional clowns deserving of a Babe Ruth style "big point", but the biggest point belongs straight at himself. Please consider Bernanke Blames Weak Regula ... Read more

Bernanke is probably pleased to be name Time Magazine Person of the Year 2009. The story of the year was a weak economy that could have been much, much weaker. How the mild-mannered man who runs the Federal Reserve prevented an economic catastrophe. Professor Bernanke of Princeton was a leading scho ... Read more

| Peter Klein | I was encouraged by friends to sign the Open Letter in support of Fed independence but, like Jerry O’Driscoll, Bob Higgs , and Larry White , I don’t support the cause. Follow the links above for detailed arguments. For my part: The Open Letter focuses exclus ... Read the fu ... Read more

Bank of America (BAC) President and CEO Ken Lewis claims he was bullied into it. Bernanke says "what me!" Congressional committees sit and cannot tell who’s who and what’s what. Bank of America is what it is. The management team will have to work their way out of it. The most powerful financial ... Read more

'DEATH OF THE DOLLAR!' from the dollar collapse cult, inverted H&S in gold in the imaginations of people clicking the heels of their ruby slippers, gold bugs becoming more strident by the day, gold CoTs growing more bearish by the week, broad market participants in full pump mode, Mr. Bernanke ... Read more

Given that Bernanke's green shoots are withering on the vine it was a sure bet that someone else would find another feel good term to describe what is essentially not happening. That term is "pre-recovery". Please consider Treasuries Fall as Reports Show Improved Manufacturing Outlook . T ... Read more

While my favorite bloggers that can be found in the blogroll in the sidebar have been poring justified criticism on the latest trillion-of-the-week adventure mov(i)e starring Ben Bernanke and Tim Geithner, my concerns focus on the entirely new situation within the European Union. The resignation ... Read more