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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: gamesmistress who wrote (24122)	8/20/2012 12:33:32 AM
From: Wharf Rat	Respond to of 85487

If Gore had planned it, there wouldn't have been a crash, either. And there doubly wouldn't have been a crash while he was running for president. The dotcom boom was planned by Ayn Rand disciple Alan Greenspan, who later said, "Oops; the better nature of mankind is a myth", or something like that. I could say he crashed it to help Shrub, but I won't. "I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms [...] "Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief." Never mind that for years Greenspan had had a bunch of regulators and congressmen all but coming after him with baseball bats trying to get him to see that "the self-interest of lending institutions" was no match for the greed of unscrupulous individuals theawl.com