Ben Bernanke, TIME's Person of the Year

Hat tip to The Huffington Post for this fantastic image! Wouldn't it be absurd and grossly inappropriate for TIME to announce the CEO of Goldman Sachs or AIG as its person of the year for 2009? Wouldn't it be a slap in the face to the rest of us Americans who were hurt by their irresponsibility?

That's why I love the image above, because it captures exactly what TIME did with its selection of Federal Reserve Chairman Ben Bernanke for Person of the Year. If TIME wanted to pick one of the architects of America's economic woes, who operates in secret, behind closed doors, gambling with and using other people's money for who-knows-what purposes, then it may as well have nominated the CEO of Enron or Goldman Sachs.

It is in this category of people and with this company that Ben Bernanke belongs and that is exactly how we should think of him- the leader of a giant, corrupt, disinterested, soulless corporation whose leaders and friends profited and lived nicely while hard working Americans suffered for its sins. That is in fact, exactly what the Federal Reserve Bank is- just another fat, clunky, terrible dinosaur like AIG.

The following is a list of videos I published earlier this year when Bernanke received President Obama's nomination for another term as Federal Reserve Chairman (proving again that Obama is not interested in change, but continuing the Bush era status quo). They all consist of TIME Magazine's Person of the Year, Ben Bernanke squirming as he's called to account for his actions to the US Congress:

Sen. Bernie Sanders (I)

Rep. Dan Burton (R)

Rep. Bill Posey (R)

Rep. M. Bachmann (R)

Rep. Jim Jordan (R)

Rep. Alan Grayson (D)

Rep. Scott Garrett (R)

Rep. Ed Royce (R)

Rep. Ron Paul (R)

"Ben Bernanke Was Wrong"

Thomas Sowell Returns

By: Thomas Winslow Hazlett Reason

How To Cripple The Real Estate Market In Five Easy Steps

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Tax Bill Is Beginning of Formal Debt Criminalization

The noose is tightening on liberty. The United States Congress is steadily headed to a place where those who owe money to the US government shall be treated criminally. This phenomenon is advancing domestically and now, increasingly, internationally. The first shot in this latest campaign took place in 2010 when US President Barack Obama signed into law The Foreign Account Tax Compliance Act. It demanded, basically, that foreign banks withhold up to 30 percent of the income that an American abroad might earn. This bill isn't working so well because overseas banks are not cooperating (a state of affairs that was certainly expected). Thus, there is a need for something else: Senate Bill 1813, recently introduced by Senator Barbara Boxer (D-CA). This bill, in part, states that taxpayers with unpaid taxes over US$50,000 may find their passports confiscated. This isn't criminal per se, but the IRS has recently made noises about "sharing" information with police a...

The Humble Libertarian original

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