August 2009
President Obama interrupted his vacation this late August to publicly announce that he is appointing Ben Bernanke to serve another term as the Chairmen of the Federal Reserve.
Obama did not shy from elaborating on his reasoning or feeling towards Ben Bernanke's work, He had more then enough praise for the current and future Chairmen of the Federal Reserve to hold a few press conferences. Obama was sure to lay claim to the fact that it was bernanke's extraordinary effort, quick and innovative thinking and problem solving that prevented the American Economy from spiraling down into a second great depression.
Congratulations to Ben Bernanke on his appointment to serve a second term as the Chairmen of the Federal Reserve. Let us all support his efforts to steer us back on the road to financial prosperity and away from that horrible world of foreclosure and mortgage default.
