Though it's short, this is intense. Taleb published this angry, bitter piece on Bernanke the other day at the Huffington Post. 'Seething' would be an understatement.
I'm adding 2 of my favorite Taleb clips to the story inside, including his CNBC Squawk Box co-hosting in August with Roubini.
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Good Bye! The Reappointment Of Bernanke Is Too Much To Bear
By Nassim Taleb
What I am seeing and hearing on the news -- the reappointment of Bernanke -- is too hard for me to bear. I cannot believe that we, in the 21st century, can accept living in such a society. I am not blaming Bernanke (he doesn't even know he doesn't understand how things work or that the tools he uses are not empirical); it is the Senators appointing him who are totally irresponsible -- as if we promoted every doctor who committed malpractice. The world has never, never been as fragile. Economics make homeopath and alternative healers look empirical and scientific.
No news, no press, no Davos, no suit-and-tie fraudsters, no fools. I need to withdraw as immediately as possible into the Platonic tranquility of my library, work on my next book, find solace in science and philosophy, and mull the next step. I will also structure trades with my Universa friends to bet on the next mistake by Bernanke, Summers, and Geithner. I will only (briefly) emerge from my hiatus when the publishers force me to do so upon the publication of the paperback edition of The Black Swan.
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Watch (don't click unless you're coming from our email newsletter or RSS)
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CNBC Video
Taleb: Bernanke Should Be Removed From Office Immediately
Taleb: My Friend Nouriel Has A Weakenss, He Likes Bernanke Too Much
Both links have quotes and partial transcripts of the CNBC videos.
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