{"id":637901,"date":"2010-01-22T08:43:00","date_gmt":"2010-01-22T13:43:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/wait-is-ben-bernanke-fired-too-2010-1"},"modified":"2010-01-22T08:43:00","modified_gmt":"2010-01-22T13:43:00","slug":"wait-is-ben-bernanke-fired-too","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/637901","title":{"rendered":"Wait, Is Ben Bernanke Fired Too?"},"content":{"rendered":"

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Yesterday Tim Geithner got his walking papers<\/a>.<\/p>\n

Is Ben Bernanke about to get his?<\/p>\n

FireDogLake<\/a> points to a gated article at Capitol Hill publication Roll Cal<\/a>l about the growing Democratic revolt against Bernanke.<\/p>\n

The bottom line: There’s a growing chorus of Democrats who aren’t so keen on re-appointing Bernanke just yet. The latest is Pennsylvania Senator Bob Casey.<\/p>\n

If Ben Bernanke is tossed the market will go into a tizzy that will make yesterday seem like child’s play. Even Warren Buffett recently told CNBC<\/a> that if Ben Bernanke isn’t going to get re-confirmed he wants to know a day in advance (so he can sell stocks).<\/p>\n

It still seems likely that Bernanke will get re-appointed, but the winds are definitely blowing against him. He’s much more in league with Geithner and Summers (ideologically) than he is with current White House hero Paul Volcker.<\/p>\n

So why should Senators vote for him?<\/p>\n

Join the conversation about this story »<\/a><\/p>\n

See Also:<\/b><\/p>\n