>>>He’s an independent chairman of the Federal Reserve Board, appointed by president and confirmed by Congress and serves for a term and the president couldn’t even ask him to resign.
Bernacke will end up the most hated man in the U.S. if he can’t find a way to unwind all the expansion in the Adjusted Monetary Base before it starts to circulate in the economy without causing The Great Depression times 3. Right now, Bernacke is called merely incompetent by many in the media (do a Google search for ‘bernacke incompetent’).
Your post reminds me of Urkel’s fatal flaw. It is not that he is incompetent. It is that he is incompetent AND surrounds himself with incompetents. Thy are so useless that about the only thing any of them can do is get elected mayor of Chicago, and that’s not saying much.