IMUS is right that Greenspan is to blame, and Andrea Mitchell too for letting him out of the house. There is a Freudian problem here, that a whole country lets one man destroy so much wealth, more than in all of WW2, and WHY? To chase the GHOST OF MEDICARE PAST? There is no inflation, except maybe for the prescription drugs that the older generation, Greenspan's, have to pay that are not covered by Medicare Supplements. For this GHOST of INFLATION PAST, the whole economy has lost between $4 and $5 TRILLION DOLLARS. Greenspan is a total failure for not lowering rates, and a total paranoid for raising them so recklessly in the first place, WHEN EUROPE NEVER WENT THAT HIGH and when Europe was cutting taxes, and while the EURO was and is undervalued, like the Japanese YEN so that they have the EXPORT ADVANTAGE OVER US. Lump it together with his failed feeble and I mean FEEBLE ATTEMPT to REFORM CORRUPT ASIAN BANKS and CREDITOR LAWS and no one, not even Bill O'Reilly or Neil Cavuto or IMUS can explain, since Greenspan is SO UNACCOUNTABLE TO EVERYONE INCLUDING HIS WIFE, why he then turned around and raised US FED rates, which only helped these very same CORRUPT ASIAN BANKS and CORRUPT ASIAN POLITICAL TYRANTS that run these countrys like Communist China and its 12 cents per hour SLAVE LABOR. If Andrea Mitchell is really a journalist, and not just a Washington DC (Beltway Bride Socialite) then SHE OUGHT TO GET THE STORY. I am, Truly your$, -Crystal Ball P.S. Until then, I'll be Bill O'Reilly when we go over to Greenspan's and Mitchell's house, come on, lets all go over there and demand some REAL answers. The Madness will end with the end of the Mad. |