With all the sniping and carping about the job that Ben Bernanke is doing to stabilize the U.S. economy and all the historical revisionism about the real legacy of Alan Greenspan, this was perhaps inevitable: a call for Paul Volcker to step out of retirement. That's right, on the pages of the (Rupert Murdoch-owned) New York Post, John Crudele argues that one way to save the dollar and rescue the U.S. economy is to fire Bernanke and hire legendary Fed Chairman Paul Volcker. After detailing all the recent missteps of "Printing Press Ben," Crudele wraps up his argument with a plea to bring back Volcker:

"What's the answer? A new Fed chairman who can instill confidence. And the legendary Paul Volcker, who successfully led the Fed during the inflation-wracked 1970s and 1980s, is just the guy, even at 80 years old. Sometimes the right move is out with the new and in with the old."

It's time to play armchair Fed Chairman. Do you think that Bernanke is too easily manipulated by Wall Street? Should the Fed be focused on inflation or on the threat of recession? What is the proper course of action to prop up the U.S. dollar? 

[image: Paul Volcker on Wikipedia]