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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (91504)	10/23/2008 12:49:34 PM
From: Sam	Respond to of 541598

Greenspan: A flaw in the model that I perceived is the critical functioning structure that defines how the world works, so to speak. Good grief.... Greenspan: Absolutely, precisely. You know, that’s precisely the reason I was shocked because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well. What is he talking about? If we are going to go by his forecasting record, then he had very little evidence that "it" was working "exceptionally well." And looking at history--especially books that relate the Grand Delusions of human beings that at least some conservatives like to point to (and, frankly, so do I)--would have strongly suggested to him that his view of unfettered markets always go too far. But nevermind. I look forward to discussing this and the "left-right" business that Alter-Meacham began in you earlier post more after the election. My attention will be distracted for the next few weeks at least.

To: Lane3 who wrote (91504)	10/23/2008 1:02:11 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 541598

<<<Waxman: In other words, you found that your view of the world, your ideology was not right, it was not working. Greenspan: Absolutely, precisely. You know, that’s precisely the reason I was shocked because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.>>> Although he is not famous as an Objectivist (nor is it clear that he still considers himself an Objectivist), arguably the most famous person associated with Objectivism is Alan Greenspan. As chairman of the Federal Reserve Board, he was influential nationally and internationally. Prior to his international fame as a policymaker, Greenspan was well-known to Objectivists as a close friend of Ayn Rand and the author of articles published in her books and magazines.