Time magazine names Bernanke 'Person of the Year'
source: http://rawstory.com/news/afp/Time_magazine_names_Bernanke_Person_12162009.html
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- bansheewail
- added this
Time magazine on Wednesday named Federal Reserve Bank Chairman Ben Bernanke its 2009 "Person of the Year."
"The recession was the story of the year," Time managing editor Richard Stengel said in a statement. "Without Ben Bernanke, Time's 2009 Person of the Year, it would have been a lot worse.
"We've rarely had such a perfect revision of the cliche that those who do not learn from history are doomed to repeat it," Stengel said.
"Bernanke didn't just learn from history; he wrote it himself and was damned if he was going to repeat it."
Time said the runners-up for the award were General Stanley McChrystal, "the Chinese worker," Nancy Pelosi, the speaker of the US House of Representatives, and Jamaican sprint champion Usain Bolt.
"The recession was the story of the year," Time managing editor Richard Stengel said in a statement. "Without Ben Bernanke, Time's 2009 Person of the Year, it would have been a lot worse.
"We've rarely had such a perfect revision of the cliche that those who do not learn from history are doomed to repeat it," Stengel said.
"Bernanke didn't just learn from history; he wrote it himself and was damned if he was going to repeat it."
Time said the runners-up for the award were General Stanley McChrystal, "the Chinese worker," Nancy Pelosi, the speaker of the US House of Representatives, and Jamaican sprint champion Usain Bolt.
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bansheewail
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It must be a slow year over there at Time. It's a little early to be revising history. Isn't it? The crisis he and his crew helped cause isn't over, yet.
- 2 years ago
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bansheewail
