Time Magazine likes putting President Barack Obama on its cover, but I think it is safe to say that he won't be Time's Person of the Year for a second year in row. Despite winning the Nobel Peace Prize, he hasn't done enough to merit the title. He deserves to be first runner-up, at the most.
Will it be Angela Merkel, who won re-election as Germany's chancellor this year and has become one of the most influential European leaders? It's very possible.
Will it be Benjamin Netanyahu, who returned to the Israeli Prime Minister's office after 10 years and has already managed to anger the Palestinians, settlers, the Israeli left and the Obama administration? No, it won't be him.
Will it be Fed Chairman Ben Bernanke, who is credited by many as the person responsible for curbing the financial crisis? I think he's the top candidate. The economy has been the number one issue worldwide this year, so someone who has something to do with it is likely to be named POY. It could also be that the companies that got bailout money will be chosen, if Time Magazine decides to go with something other than a person.