Greenspan (Professional SHILL) Not Worried About Energy Prices

[OutsourceBush]

Greenspan Not Worried About Energy Prices

30 minutes ago Business - AP


By MARTIN CRUTSINGER, AP Economics Writer

WASHINGTON - This year's surge in energy prices is likely to have far less of an impact on the economy than the oil shocks of the 1970s, Federal Reserve (news - web sites) Chairman Alan Greenspan (news - web sites) said Friday.

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20041015/ap_on_bi_ge/greenspan_oil

[rkc3]

1. He's now a shill but he wasn't when Clinton was prez?

[Not Me]

2. Greenspan's intervention with interest rates (mortgages)

during the bush* administration is the sole reason we are not in full depression. Tax cuts had little effect.

[TabulaRasa]

3. Umm, yeah!

He was a deficit hawk during the Clinton years, and now does everything in his power to prop up the bushies. The guy is an over-rated hack. I know it upsets some people when anyone criticizes "the Maestro", but he's a shill if ever there was one (more for Corporate America than for Republicans ... but those two usually coincide), and his wife's a dope too. I love watching Ms. Mitchell's ill-informed, smarter-than-thou channeling of her husband, like when she declared, "John Kerry is pandering on Social Security."

[bullimiami]

4. greenspan is a g-damned ahole.

first he says we need to raise the social security contribution to make it solvent for the baby boomers.
then once they have these trillions in hand.
he says we got plenty of money tax cuts are good for the rich dont worry about deficits.
then he says oh shit there is no money to pay out social security you are going to have to take a cut in payouts or retire older.
and then oh we should privatize part of it. maybe so wall street theives can get their hands on it and take a cut and then when they turn out to have stolen our future out from under us....oh well la dee dah. hey ken lay and friends retire happy and wealthy there is no such thing as white collar crime.
and now high oil prices are no problem.


this man is one of the leaders of the thieves in high places. it is all bait and switch lies and deception and plunder of our nations economy, our people and our future well being.

a real pos bastard heartless ayn rand following prevaricating slimeball.

everything does not need to be for profit.

[Rockholm]

5. He probably doesn't even buy his own gas!

[ProdigalJunkMail]

6. well, it is not quite so bad as it was in the late 70's

maybe that is his point



theProdigal

[OutsourceBush]

7. I doubt it

I can't respond to your chart because I don't know the accuracy of inflation adjusting of charts, my gut tells me it's wacky.

Maybe I should make an inflation adjusted chart of being laid off for a year compared to the price of gas.

[ProdigalJunkMail]

8. well, i generally trust Bloomberg

sorry, I should have posted the source. I simply think that Greenspan (by far, the most powerful man in the world) while doing the bidding of whichever administration he is serving, is doing his best to shore up a bad situation...

theProdigal