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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (121186)9/19/2012 4:02:02 PM
From: Jim McMannis  Read Replies (2) | Respond to of 149317
 
RE:"a humbled Mr. Greenspan admitted that he had put too much faith in the self-correcting power of free markets and had failed to anticipate the self-destructive power of wanton mortgage lending.

His miscalculations ruined the country and now is very difficult to get back on track because we are dealing with housing basics and taking people off government assistance, tax breaks etc.



To: tejek who wrote (121186)9/20/2012 6:01:15 AM
From: RetiredNow  Read Replies (2) | Respond to of 149317
 
And if you've really been keeping up with Greenspan more recently, you'll find he's not a believer in money printing...

Greenspan: Fed’s Tactics Have Done Little to Help Economy

Read more: Greenspan: Fed’s Tactics Have Done Little to Help Economy