CNBC's Winners & Losers of the Financial World in 2011
More than a few pundits expected QE2 to blow up on the Fed chairman, but it hasn’t yet. Nor has the Fed’s first round of unconventional easing, which ended in 2010. Unfortunately, the economy appears to have responded to neither dose of monetary stimulus. Despite all that, some are clamoring for a QE3.
At the same time, Bernanke for a moment became something of an election issue in the GOP presidential race, earning the wrath of one candidate and nary a word of support from the president who appointed him to a second term and is presumably prepared to blame him if it means winning re-election. (So Bernanke may not be back for a fourth consecutive year in 2012.)
Boehner has shown he's up to the task of leading the Republican Party and also shaping the political debate. His jousting skills are significant, and his ability to inject humor — and tears — makes him both tough and human.
At the same time, it’s hard not to see Boehner as a bit of an ideologue and a Washington insider, who is better at blocking than tackling. In the political version of ball control, you make little progress, protect the ball and hope your opponent makes a mistake you can pounce on.