Comments on: Paul Krugman For The Fed

By: Mark

Mark — Tue, 26 Jan 2010 21:51:48 +0000

Paul Krugman would be a disaster as Fed Chairman. He plays fast and loose with the facts, publicly and privately. I generally respect your opinions, Simon, but on this one, you are way off.

By: Dave

Dave — Mon, 25 Jan 2010 23:34:53 +0000

If Krugman for Fed, might as well try Raul Castro for President as well.

By: Peter

Peter — Mon, 25 Jan 2010 19:58:33 +0000

Simon Johnson, I agree with you, except for one very important matter: What would we do without Paul K’s column in the NY Times? How could we have gotten through the Bush years without it?

By: Will

Will — Mon, 25 Jan 2010 19:39:24 +0000

Krugman? You’ve got to be kidding me. That guy is a Keynesian shill and given the slightest amount of real power would blossom into an economic fascist.

How about instead of detached intellectuals living in fantasy worlds we get an Austrian economist in there to start unwinding our corrupt fractional reserve banking system?

By: Dan

Dan — Mon, 25 Jan 2010 19:12:15 +0000

Krugman? Really?! Let’s be honest. Krugman is a silly choice. He’s a smart man but he’s also an ideologue who stands no chance of being confirmed. Furthermore, he does not have any administrative or corporate experience whatsoever. Surely there are more qualified candidates. On another note, that Wall Street lackey Geithner has to go.

By: follow the leader

follow the leader — Mon, 25 Jan 2010 19:12:10 +0000

You’re O.K. Danno, thanks for clarification.

By: Zen King

Zen King — Mon, 25 Jan 2010 19:01:02 +0000

Uhm… from what I’ve read, doesn’t the Fed Chairman have to be one of the seven of the Board of Governors at the Fed? If so, how in the heck could Krugman ever be nominated? If anyone takes the job, it’ll have to be one of the governors. I’m pretty sure that’s a law.

By: Ed Smithe

Ed Smithe — Mon, 25 Jan 2010 18:31:06 +0000

The other thing you idiots don’t seem to understand about Bernake is that he completely capitulated to everything that you could have wanted. He totally financed your liberal spending spree that has resulted in zip, nada, zilch, zero economic recovery (read: JOBS). I don’t know how you could do better than they guy that completely sold out the Fed to get renominated. Oh, right, Krugman…the nobel prize winning fool, I forgot.

By: Ed Smithe

Ed Smithe — Mon, 25 Jan 2010 18:28:09 +0000

You guys are idiots. Yeah, Paul Krugman for Fed Chair, the guy who keeps having to move the goal posts with respect to his economic predictions. Not a chance that the market won’t tank after that brilliant announcement.

And then this line: “his work on Japan in the 1990s shaped everyone’s thinking of how to handle potential deflation”

Does anyone here honestly know anything about Japan? Ever heard of the lost decade?

Please, go speak to people that aren’t less that 30 years old and have done this stuff for a living. This children’s groupthink forum is a joke.

By: Ed

Ed — Mon, 25 Jan 2010 18:16:29 +0000

This whole article misses the most salient point – How will obama be able to appoint ANYBODY new at this point. The republicans will almost certainly fillibuster ANYONE nominated – simply on principal – remember their GOAL is to stop the presidency and regain their power and with the current senate rules they can do that – and are.

If you want uncertainty – see how the markets react after that…

By: Scott Fox

Scott Fox — Mon, 25 Jan 2010 18:05:55 +0000

Ron Paul for Fed chair.

By: BRUCE E. WOYCH

BRUCE E. WOYCH — Mon, 25 Jan 2010 17:31:57 +0000

What we need is a special committee to choose a commision, to establish a standard, for selecting a candidate, to open a hearing, on who is left that is not currupted, jaded or brain dead. It should be headed by a rank and file SEC novice and a search team from a Swiss Bank after being awarded another trophy replica of a nobel prize. After this we should put it to a vote in Massachusetts and we should all watch the results on Fox News.

Where is Eliot Spitzer when we need Him? At least he knows who is doing what and where and to whom!

By: RSDallas

RSDallas — Mon, 25 Jan 2010 17:22:16 +0000

You are stupid!

By: mysistagirl

mysistagirl — Mon, 25 Jan 2010 16:58:07 +0000

Well, I was following the comments in this dialog as well as reading the link provided.

I’m undecided on Bernake, but I am certain that this round of conversation has been won by sillythings.
very objective and informative.

By: R Crosby

R Crosby — Mon, 25 Jan 2010 16:56:30 +0000

It’s pretty hilarious (and not a little ironic) when the likes of Geithner point to the potential for markets to react negatively to this or that event – i.e., Obama’s recent decision to FINALLY address the need for new, strict regulation on banks’ size and activity, or the reappointment of Bernanke. After all, what’s a few hundred point drop when compared to the thousands it dropped starting in ’07 due to the failures of Bernanke, Geithner, et al?