This is not good. The feds are expected to cut the discount rate another half point on Tuesday. And then Greenspan was grousing about the worst situation since WWII, yet somehow FAILED to mention that he caused much of this mess! He’s the guy who left the fed rate at 1% waaay too long and got us into this mess. Of course, if you remember, Greenspan did this to get us out of te tech bubble he also helped create.
I think I need to go to Walmart before the prices go up....
Bearns group was stupid enough to get hooked up with the
Carlye group !
Greenspan trivia :
Greenspan is married to Andrea Mitchell of NBC
It takes a huge amount of gall. Mummbles Mouth should just shut the hell up!