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Obama doubles down on Bernank


Most people have annual performance reviews Ben Bernanke has the Dow Jones Industrial Average.
There is no better way to understand President Barack Obama’s decision to reappoint Bernanke as chairman of the Federal Reserve on Tuesday morning than to look at the Dow – which was below 8,000 when the president took the oath of office in January, and closed above 9,500 on Monday.
“Ben approached a financial system on the verge of collapse with calm and wisdom; with bold action and outside-the-box thinking that has helped put the brakes on our economic freefall,â€