Your choice; the “Depression Master” who is currently creating a money bubble by increasing the printing of money by 120% or the Canadian company planting trees to offset Obama’s Copenhagen travel.
Federal Reserve Chairman Ben Bernanke has been named Time magazine’s “Person of the Year” for 2009.
House Speaker Rep. Nancy Pelosi, D-Calif., was a finalist for the award.
“The recession was the story of the year. Without Ben Bernanke,” Time managing editor Richard Stengel said in a statement, “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. Bernanke didn’t just learn from history; he wrote it himself and was damned if he was going to repeat it.”
MarketTicker has a great piece on Time’s choice of Ben Bernanke today.
And then there is this….
A private Canadian company says it will plant 1,176 trees to offset the carbon emitted by Air Force One when it carries President Barack Obama to Copenhagen for the international climate conference.
President Obama will travel 3,979 miles to Denmark on Friday, Dec. 18, and Air Force One will emit an estimated 196 tons of carbon on that trip, said LimeGreen Earth, Inc., in a news release.
“By offsetting President Obama’s carbon emission, we are setting a precedent for the global community,” said the company’s president, Andrew Thomas. “It is up to every individual to do their part to eliminate carbon emissions. There is no one better to lead this revolution than the President of the United States of America.”
I guess we can all breathe easier now, except that breathing out is harmful to humans.
I wonder if LimeGreen Earth is going to keep planting trees for every single one of Barry’s jetsetter trips across the globe, and all those domestic trips trying to save democrats during the 2010 elections?