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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: sea_biscuit who wrote (64607)3/16/2007 1:57:10 PM
From: LTK007  Read Replies (1) of 116555
 
Marc Faber, who is a quite gentile man that i never, except for Greenspan and Bernanke, have heard say harsh words.
He said of Greenspan, "He is a virtual criminal lacking any moral integrity".
He has said what makes Greenspan actually a criminal in Faber's mind is he KNOWS what he is doing is wrong but does it anyway to be politically pleasing and maintain power.
Faber says, it is his great hope, when all this comes apart and history then looks back they will then realize Greenspan was the worst Fed Chairman in history, a man that sold his moral basis for the now knowing he was creating the foundation for disaster in the long run.
Ayn Rand said of the young Greenspan that he was an extremely ambitious SOCIAL CLIMBER. He wanted power and status. Max
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