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Is Alan Greenspan part of the problem?

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shance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 04:54 PM
Original message
Is Alan Greenspan part of the problem?
I along with many other Americans probably know very little about Alan Greenspan.

How would you qualify him as the Chairman of the Federal Reserve?

What is his history? Qualifications. Performance as the Chair?


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amber dog democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 04:56 PM
Response to Original message
1. he is a shill whoring for the chimp.
I take very little of what he says seriously.
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:05 PM
Response to Reply #1
5. An important poiint
Ridiculous of him to

1. shill for the irresponsible Bush tax cuts before Congress four years ago

2. shill for the irresponsible deficit-monster of Bush's Social Security scam

all the while

3. Droning on and on before Congress about the massive deficits (which he helped create by endorsing the tax cuts) and their financing (all of which would be made far far worse by the Bush Social Security rip-off).

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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 07:23 PM
Response to Reply #1
13. He is a partisan shill whoring for devastating Administration initiatives
and in doing so, has made a mockery of his office.
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 04:57 PM
Response to Original message
2. He is A DISCIPLE OF AYN RAND!
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Hand Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:25 PM
Response to Reply #2
8. Momma!
That is one scary old bat...
:wow: :scared:
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:37 PM
Response to Reply #8
9. The undead
She's in the ground, but she has her zombies, like Greenspan, walking the earth.
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amber dog democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 10:03 PM
Response to Reply #9
16. Who is John Gault ?
After I turned 18 I lost respect for her.
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shance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 07:01 PM
Response to Reply #2
12. That's interesting. There's another 'interesting' individual, Ayn Rand.
Who seems to me to be more of a propaganda pusher than someone looking for the best systems for people to live and thrive under.

However, I have not read Atlas Shrugged, but Ive heard varying opinions, more to the tune she's very simplistic in her views.
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swag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 09:26 PM
Response to Reply #12
15. Imagine a stunted infantile robot
charting a view of an ideal infant-centered society.

Douchebags worldwide continue to fall in love on first contact.
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dogman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:03 PM
Response to Original message
3. I believe his efforts to bring down the Clinton economy backfired.
They still didn't damage the chimp because he did everything in his limited power to revive it. He was concerned that our surplus under Clinton would undermine efforts to cut Federal spending. The chimp took care of that. Now he shills for a sales tax that hurts the poor to the benefit of the wealthy.
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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:04 PM
Response to Original message
4. It's really too bad...
Edited on Thu Mar-03-05 05:05 PM by TwoSparkles
...that no one is a pure professional these days.

No longer do we have experts, speaking the "truth". We've got partisans--who happen to be economists, doctors, psychologists, educators, biologists, chemists--and they spit out their own politically slanted version of reality to the masses.

In the case of Greenspan--he's a slave to Bush's wishes--first. Then, he's the Chairman of the Federal Reserve.

There is no absolute truth any more.
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President Jesus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:10 PM
Response to Original message
6. I think his political donations answer your question...
a peak into where his heart lies prior to becoming fed chairman: http://www.newsmeat.com/washington_political_donations/Alan_Greenspan.php
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shance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 06:57 PM
Response to Reply #6
11. Well, there you have it. What's interesting is probably how few people
realize people like Greenspan are so biased themselves.

I knew he was probably a Republican, but not to the extent that I realize it now.

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BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:21 PM
Response to Original message
7. He is transparently part of the problem.
He was able to hide it during the Clinton years (because he didn't want to be fired and lose credit for the best-performing economy in our life-times). But since 2000, he has betrayed his true metier as enabler of Republican fucking up.
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moggie12 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 06:56 PM
Response to Original message
10. One word: Hyprocrite
Back in '92, he told the Clinton camp they had to bring down the deficit or the bond market would kill the economy.

In '01, he backed Bush's obscene tax cut plan and now every once in while mentions that perhaps we ought to do something about the massive deficit.





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Spinoza Donating Member (766 posts) Send PM | Profile | Ignore Thu Mar-03-05 07:28 PM
Response to Reply #10
14. Fuck,, yes.
He's an old Randian as in Ayn Rand. He really believes that the "free" market works better and more efficiently than a controlled economy. What an ignorant ass!
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