Ben S(tupid?). Bernanke???
Ben S. Bernanke … does the S. stand for STUPID???
This guy is really unbelievable!!! He is IMHO totally inadequate for the job!
WHY?
Because he is has no clue at all, what he is talking about and even worse … he has no clue, how investors receive his “messages”. 
This guy is the nail in the coffin to the end of the american century …
Compare him to Greenspan … (pls. read my post here as well)
Whatever Greenspan did …
He had a plan, the market knew about it and felt “safe”.
Greenspan was a bad market timer, but he told the market always, which direction was to be expected from the FED.
Whether it was stocks (irrational exuberance) or bonds (conundrum). He was the guiding light and created a stable environment, even in making mistakes.
On the other hand … Bernanke … from DAY 1 on … creates uncertainty, spreads LIES, turns around WITHIN a DAY, issues stupid statements, takes them back the other day, creates INSIDERS by telling SOME, what he will do AHEAD of the market, SCREWS the market by doing stupid emergency cuts on EXPIRATION DAYS and so much more … DISGUSTING!!!
Last example … TODAY …
After yesterday AGAIN spreading his confident views and by doing so holding up the markets, he issued today remarks, that SOME BANKS will fail …
OOOOPS … this created a quick SELL OFF … and counteracts ALL his moves so far …
If some banks fail … how can he in today’s world be SURE, that it won’t hit a “big bank”???
He does not understand at all how markets function … BAD BAD BAD …
And all his research is worth NOTHING as he seemingly does not have a clue about the role of today’s DERIVATIVES …
SORRY GUYS … HE WILL CREATE A DESASTER
I just pray, that I have to take my words back …
