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Bernanke is Person of the Year?

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Time Magazine shows how utterly clueless it is by awarding the man who helped engineer one of the biggest financial meltdowns in human history 'Person of the Year'. The article is reads: "How the mild-mannered man who runs the Federal Reserve prevented an economic catastrophe". Bernanke did help stave of a catastrophe, but firstly, he helped create it by deregulating the financial system during his tenure, and secondly, the crisis was averted at the expense of the middle class and poor who have to pay for it all.