I don't like the guy, but let's face it. The U.S. Economy is fucked beyond belief. Totally fucked. Banks are insolvent, commodities are soaring to the sky, inflation is running high, mass job losses, hundred billion dollar deficits, etc, etc, etc... Yet the economy remains. Despite all the challenges sub-prime crisis, credit crisis, commodity crisis, increasing inflation, decreasing housing and whatever else I'm forgetting. The economy remains. We should have crashed hard many times, so I think Bernanke takes credit. I think Bernanke's Plunge Protection Team will be studied in economics books for years to come: BSC and JPM will be one hell of a case study. As well as economic stimulus payments. Exchanging subprime paper for cash and clean, crisp treasury notes. What a gamble which has paid off. Fed running out of room to cut rates? The invention of several term facilities reloads the fed with an unlimited number of more powerful bullets. Keeping an economy afloat no matter what. Let's face it, Bernanke is good. Had Greenspam been at the helm we would have been in a new great depression 8 Black Monday Threads ago. This thread i not satire, I'm serious. If the USA escapes this whole financial storm with a few scrapes and bruises then Bernanke is the greatest economist of all time and should be an example of all economies to live beyond their means with few consequences. That's a big If though, I still think we're in for a circuit breaker day on the markets but I've been so wrong in the past. Even today, I swear PPT kicked in at 11740. Rather than crash the market is being allowed a steady and orderly decline. Pure genius.