Skully Friday on WJ this morning - reactions to Greenspan's admission of mistake?

[malaise]

Best call so far - kill Shylock!!! :rofl:

[ProfessorGAC]

1. Then That Idiot Joe McCutcheon Called And Ruined it

The Professor

[malaise]

3. I swear they take calls from

Call centers in India. :rofl:

[KharmaTrain]

2. How The Mighty Have Fallen

There's this denial game going on...for years all these stenographers have idolized Greenspan and they still can't believe this crook was either as inept or corrupt as he really was.

But according to that asshat Mica...this was all Obama's fault...once he took contributions from Freddie and Fannie that was the camel that broke the international economy. Spare me! These bastards knew all the ponzi games going on...but as long as they made money, none was the wiser. I remember getting pitched on real estate stocks...and how they "traditional return 15% or more"...and now we know how that shell game worked.

I met with a banker the other day...last time we chatted he predicted the "market floor" would be 10,500...now he says 7,200...so I'm putting my money on the lower...like 6,500. This mess is far from over.

:hi:

[malaise]

4. Good morning KharmaTrain

Of course they knew but they were getting rich. So Greenspan is in a state of shocked disbelief. Maybe he should talk to all those people losing their homes, jobs, etc.
And yes this mess is far from over. That said, looking at Europe and Asia, today will be a market mess.

[KharmaTrain]

8. An Endorsement From Kauthammer?

I guess Skully was desperate to find an "endorsement" to counter the one in the NYTimes. That miserable slug should only see his worst fears come true on November 5th.

Greenspan knew how to keep the ponzi schemes going...when the mess got to bad he couldn't shuffle the deck any further, he bailed and left the mess for the totaly inept Bernake. C'mon...he's sure to feel the effects, he'll have to cut back on all the caviar and imported champagne at his next West Side party. Poor Andrea will have to keep working, too...or is that poor us?

Good morning! Get ready for a fun-packed day...

:hi:

[Kolesar]

5. "Greenspan's incredibly nuanced statements that were intended to deceive"

...I am paraphrasing this caller. Very good

[malaise]

6. It's all Obama's fault

people are taking their money out of the market because they're scared that he might win. Damn these people are stupid.

[Kolesar]

7. Krauthammer endoses McCain-why dont they just have Rumsfeld write the columns?

Go straight to the source