I'm rather surprised to see Ben Bernanke suddenly fighting to keep his job. Perhaps the Massachusets election will have some positive fallout; populist frustration and anger will be a major factor in 2010, and as Mel Brooks said, "We gotta protect our phony baloney jobs, gentlemen!"
Bernanke was asleep at the switch when Wall Street melted down. We barely averted an economic catastrophe, and yet we're still stalled with 10% unemployment, a housing forclosure crisis, a looming CRE crisis etc. Faced with this, Bernanke decides the real problem facing our economy is....inflation? Are you kidding me?!
Please, fire this man. The Obama Administration needs to shake up their economic team, and fast. Paul Volker is a good start. Firing Bernanke should be the next step.