Bernanke Will Eventually Go Down As The Most Reviled Fed Chairman In History

Indeed. The chief bubblemeister of Last Ponzi Game Standing reigns supreme. He’s only been wrong that rising stock prices will lift all boats. Most Americans are sinking, steadily losing ground as the 7% pulls ahead. Bernanke knows that the bigger he blows the stock market bubble, the more dangerous it becomes and the worse the middle class will fare.

Bernanke looks like the winner now in Joe Weisenthal’s eyes, but that will be temporary, just as the view that Greenspan was “The Maestro” was temporary.

As an analyst, I identify trends, and do my best to see the signs of major turning points early enough to take the appropriate action. I looks at the data and tie it together into coherent threads that reveal exactly what the trends are, and where cause and effect probably are. In that regard don’t normally make “predictions,” I’m more interested in accurately portraying the facts of what is.

With the years that I have spent at this, I feel pretty confident that I will be proven correct about this “prediction” in due time. Bernanke will eventually go down as the most reviled Fed chairman in history. As a serial bubble blower, he already should be, but he has Joe Weisenthal and the rest of the Fed apologist crowd spinning the facts and misleading the kind of people prone to believe in the tooth fairy, Santa Claus, and helicopter money. As the collapse of the Treasury bubble progresses it will reach an inflection point that will take the stock bubble, and the economy with it and Bernanke’s legacy will be sealed once and for all.

Trends like this take time to play out. Traders and pundits are impatient people. Their lack of perspective is sometimes intentional, and sometimes simply naivete and lack of experience. If there’s one thing I’ve learned after 45 years of actively observing and participating in this game, it is the virtue of patience. Trends take time and the time draws near for this one. I am quite comfortable in patiently waiting for the denouement.

Total Jobs Growth Slows, Full Time Jobs Growth Falters Badly While Fed Blows Stock Market Bubble

Pin The Tail On The Number, Why Steady Jobs Growth Does Not Support The Stock Market Bubble

ART CASHIN: I Was Out With My Drinking Buddies Last Night, And We Were All In A Frenzy About This Chart

Here’s what that chart looks like via the St. Louis Fed:

Martin Hennecke – Fed Can’t Phase Out QE, Crisis Not Over


Lee Adler


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  • John Aaron

    Likewise history will not be kind to Bush, Obama, torture advocate Richard Cheney and others, who hypocritically took solemn oaths before God and man to defend the Constitution, but then by their actions, words and policies steadily repudiated it. Judge Napolitano has documented it all, as have many others. Bush outright declared that “the Constitution’s just a damn piece of paper.” In contrast Edward Snowden’s self-sacrificing stand against tyranny will continue to inspire and live on.

    • truthhurtsUSA

      The Jews pulled WW II and will pull WW III.

  • sams sun

    Greenspan conveniently got out and left it all to Bernanke. Americans have such short memories, and those that set all this devastation up will go free. Bernanke may still get out in time since h is getting out in Jan ’14, and supposedly, a woman is going to replace him. The controller elites are definitely setting up the political figures that will take the fall for themselves. And the public won’t care. they will go after whomever is in office at the time. While Americans are buys pulverizing the “culprits”, the controller elites will be busy setting up new shop elsewhere….and it all starts over again…

  • truthhurtsUSA

    When will he come down? He lives in a cockroach motel called Fed and can do what he wants.