Friday, September 7, 2007

Greenspan Needs YOU to Bail HIM Out?

Brother, Can You Spare a Trillion?

Greenspan's Financial Conflict of Interest

Can you find it in your heart to accept more inflation eating away your paycheck before poor Alan is down to a measly $4 million?

2 comments:

Tom said...

The media is finally able to see through the halo that so illuminated any mention of Greenspan.. especially in the past 10 or so years.

More independent thinkers are seeing that he was the darling of Wall street because he always bailed them out.

1992 / 1997 / 2001.. all had series of rate cuts that propogated a series of asset bubbles.. from Stock market to Real estate.

Now Ben is stuck cleaning up his mess.. Lets see whether Ben can hold off and not cut interest rates just to appease the poor millionaires at Wall Street.

J at IHB and HFF said...

Tom,

Hello. I agree that Greenspan's reputation has diminished. I am not sure if Greenspan has lost his halo with the mainstream (yet) but Bernanke certainly has his date with destiny on September 18.

Thank you for the comment and please visit again.