Bailout Ben Baffles Backbiters By Bagging Barak's Blessing

My position on the next Fed Chair has been: A.B.S. - anybody but Summers. Or Geithner, for that matter, but adding him to the acronym made it sound awkward. I side with those that say that Bernanke's role in creating the crisis and incompetence at detecting it outweighs his successful (so far) actions in helping to contain the fallout. But the two most obvious candidates would have been worse. Summers is a jerk and Geithner is a toady, and both had a hand in creating this mess, too. At the same time I admit that I don't really have any alternatives to suggest, except Yellin, who I vaguely remember saying some sensible things at some point. Hardly a resounding endorsement, eh? Well, it's Bernanke we're getting, like it or not. Let's hope he has some good ideas about unwinding the First National Hedge Fund Federal Reserve's balance sheet when the time comes.