[tsowellfan]

We could always pay $5 for a loaf of bread too.

[Paladin2]

Has Alan become demented?

[_a_0_0_]

the United States can pay any debt it has because we can always print money to do that

did he really say this?

Dear all: what we are witnessing today is the "Greenspan Put" come home to roost.

[Hoodat]

OMG!!! Another Krugman/Mugabe disciple.

[FreeAtlanta]

Greenspan is one of many idiots that got us into this mess.

[Sarah Barracuda]

Isnt this the dufus married to Andrea Mitchell..no wonder he sounds like an idiot..being married to her doesn’t give him much credability

[WashingtonSource]

Greenspan has launched himself into space and is sending messages from Planet Xenon.

[volunbeer]

We have a brilliant design.

We used the best construction.

We have an experienced crew and an able Captain.

Surely, we are destined for greatness.

- signed, the crew of the Titanic.

[Palter]

Typical of a central planner and his beliefs. The chickens are coming home to roost.

[OldNewYork]

That was also the attitude in Weimar Germany and in Zimbabwe. Most know what happened to end this in Weimar Germany. In Zimbabwe this ended because their supplier of ink with which to print things like trillion dollar notes refused to supply any more without being compensated. True story.

[Quiller]

S&P's reduction of the U.S. credit rating is recognizing the value of putting money into an investment which can be paid off by a borrower by, "just printing money."

Does Greenspan even remotely realize that his comment underscored the rationality of S&P's decision?

"Just print money . . ."?

YGTBSM!

Does Weimar Germany hold any lessons?

Hello -- can you say, "Argentina"?

Un-friggin'-believable.

[Jack Hammer]

The same variety of genius which led to Weimar Germany.

Should we trade in our wallets for wheel barrows?

[Olog-hai]

Riight, and hyperinflation never happened in either Zimbabwe or the Weimar Republic. Sic semper fiat currencies . . .

[Biggirl]

Telling it just like it is.

[oblomov]

...for the time being, at least. What happens when the US is forced to denominate its debt in Singapore Dollars or gold?

[mlocher]

Greenspan says the S&P downgrade was just meant to hit a "nerve" and hurt the "self-esteem of the United States."

Greenspan is still on the reservation I see.

[FlingWingFlyer]

"So, there is zero probability of default."

Where the hell was this moron two weeks ago when the commie, state run "media" was putting pressure on the GOP to give in to the commie 'RATS?! FUG!

[umgud]

Alan has been listening to Andrea too much?

[ken21]

amazing.

[ScareyFast63]

RIIIIGGGGHHHHHTTTT!!! Greensopan—print money till a loaf of bread costs about 2 million dollars and people have to get paid three times a day just to beat the rising inflation rate—What a Hack this Greenspan is! He has the same mentality as those who got us in this situation, as a matter of fact he IS one OF THOSE THAT GOT US INTO THIS SITUATION!!

We get no respect, they all think we are too stupid to understand international finance, which is VODOO anyway with its “pie in the sky” projections of growth and revenue.

Run the government budget the same way we all run our household budgets—and don't tell me it cannot be done this way—because I know it can.

Study the Austrian school of economics, Von Mises, Hayack, and get a real education in financing a country instead of trying to buy power and votes to glorify ones life and grab all the power they can while clinging to the philosophy—”Well I got mine and the Hell with the little people”

D-— I am angry and in a “get even mood” when I think about how the ‘RULING POLITICAL CLASS” in this country has screwed over our trust and faith!!