Back in spring of 2001; he had a little conflict with Bush administration on Tax cut issue. In summer; he had voiced strong support for Bush's plan. What made he changed so fast; it made him stay longer in Fed. Get a clue.
I'm no Bernanke fan, but I feel sorry for him. He inherits Greenspan's real estate bubble and an investing public who expect massive rate cuts during every correction...thanks again to Greenspan's "put" legacy. To add insult to injury, Greenspan talks down the economy (and often moves down stocks) every chance he gets.
The fact is TRUTH comes out sooner or later. In this stock/ equities business there is a terrible amount of disinformation and you have to be very smart to shift through this garbage. If not you are a doll in the mouth of these vicious pitbulls.