Wednesday, December 16, 2009

TIME's Man of the Year

The Chairman of the Federal Reserve, Ben Bernanke, was recently named TIME's man of the year.

Notable quote:
TIME Managing Editor Richard Stengel called the Federal Reserve “the most powerful, least understood government force shaping our lives”
[link]

He spearheaded multiple new monetary facilities that focused on specific components of the economy in order to stabilize some markets without hurting others. Keeping a clear head through economic havoc, he never let politics influence his true goal of economic stability. Largely due to his hard work, we have seen unemployment turn around during this recovery. Indeed a terrific chairman. Love him or hate him, he certainly has incredible power and incredible influence. Great choice on the part of TIME. Congratulations Chairman.

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