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To: dennisw
Garbage from Alan Greenspan

Once touted as words of golden wisdom. LOL

4 posted on 03/02/2009 11:48:41 PM PST by TigerLikesRooster (from "Irrational Exuberance" to "Mark to Zero": from '96 to '09)
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To: TigerLikesRooster

That 1996 Greenspan essay seems impressive just by itself. But I look at what Greenspan did in the real world with his extended easy money policy after 9-11-2001 and the Fed’s forcing banks to loan to unqualified minorities and other unqualified people. Alan Greenspan’s policies were inspired by Ayn Rand and libertarianism

Greenspan fueled this manic era (irrational exuberance) with easy money. He supplied the high proof liquor at the party


5 posted on 03/02/2009 11:59:22 PM PST by dennisw (Archimedes--- Give me a place to stand, and I will move the Earth)
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