Skidmore
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Fri Feb-06-09 01:09 PM
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Did anyone hear Krugman call Greenspan "Uncle Alan Greenspan" |
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on Morning Joe this morning? Joey hates Krugman. I wish Andrea had been on. I would have loved to see her eyes bug out.
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ErinBerin84
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Fri Feb-06-09 01:21 PM
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Andrea just had Sherrod Brown on, and she was really pissing me off. She sure has the Republican talking points down when it comes to regulation and trade policy. In fact, Brown even said "That's a Republican talking point" to her (he did it politely, but it still made me laugh. Take that, Scarlet G).
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alsame
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Fri Feb-06-09 02:17 PM
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2. Greenspan is not getting NEARLY as much blame for this |
uponit7771
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Fri Feb-06-09 03:34 PM
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4. I just read some history about the Great Depression, yes....Greenspan is a fuckin idiot, back then. |
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...the fed reserve kept rates low to help Britain get back to gold standard and kept too low too long. Well this time it only took 4 years to do (mostly because of computers) what 10 years back then took and we have a larger population now.
Greenspan REALLY thought...ah man.....that guy.
The blame doesn't totally go on him, I'd like to know why in the hell did Moodys\S&P\Fitch rate mortgage securities as AAA knowing the good mortgages were bundled with the sub-prime crap but his keeping the fed rate that low for that long was a spark that started the fire.
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chill_wind
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Fri Feb-06-09 03:18 PM
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Fri Apr 26th 2024, 06:13 AM
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