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Heads up west coast, Alan the turtle Greenspan on 60 minutes.

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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:09 PM
Original message
Heads up west coast, Alan the turtle Greenspan on 60 minutes.
say he didn't see the mortgage melt down coming.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:10 PM
Response to Original message
1. 8 million dollar book advance, must be nice, hope he got in euros.
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skids Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:29 PM
Response to Reply #1
12. So THAT's why he's hawkish on interest rate increases!

:rofl:

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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:30 PM
Response to Reply #12
13. yup.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:12 PM
Response to Original message
2. won't say what currencies he hold, mmm, also wrote 80% of his book in the bath tub.
tmi.
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Olney Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:21 PM
Response to Reply #2
4. Strange, isn't he?
Pours over policy data before breakfast. Dated Andrea 13 yrs before proposing.

But he admires the Big Dog!
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:22 PM
Response to Reply #4
6. yes and he proposed in "Fed speak" how romantic!
i can't even imagine how that must have sounded.
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 10:09 PM
Response to Reply #2
19. He did say his assets are not soley in the US in dollars :-) n/t
n/t
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:15 PM
Response to Original message
3. he was friends with Ayn Rand, shocked i tell ya.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:22 PM
Response to Original message
5. Nixon swore a lot, Reagan had "An odd type of intelligence"?, He hated Bush 1
Clinton was the smartest and the best "Even though i'm a republican".
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TomInTib Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:25 PM
Response to Original message
7. Heck, even I saw the mortgage crisis coming.
But I also know a good many homebuilders and developers who knew it, as well.

Greenspan is just covering his ass for keeping the Prime so low for so long (to help the likes of Bobby Jack Perry, et al.).

That failure alone should be his sorry legacy.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:25 PM
Response to Original message
8. omg he approved on bush's tax cut because---he was afraid the surplus would
get "Too large".
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Olney Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:35 PM
Response to Reply #8
14. That was news to me- I never knew it could be "too large"
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:37 PM
Response to Reply #14
15. black is white, up is down, bush is smart. Thats the world according to Greenspan.
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SharonAnn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 10:10 PM
Response to Reply #8
20. He didn't approve Bush's tax cut. He supported A tax cut, a small one. Bush said he supported it.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:27 PM
Response to Original message
9. Disappointed by "His old friend" Dick Cheney because Cheney said "Defecits don't matter"
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Fridays Child Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:28 PM
Response to Original message
10. This just shows that a person can dislike Dick and George and still be a self-serving pig.
I am overwhelmingly underwhelmed by the man.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:29 PM
Response to Reply #10
11. no kidding and why does he think we'd trust him now?
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theoldman Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:51 PM
Response to Original message
16. Like Colin Powell, Alan Greenspan lost all respect by sucking
up to Bush. Greenspan was respected all over the world when he worked with Clinton. When you lay down with dogs you get up with fleas.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 08:51 PM
Response to Reply #16
17. Enablers, the both of them.
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begin_within Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 09:39 PM
Response to Original message
18. I had a grudging respect for him until this interview.
It was like watching a little boy who just got called into the principal's office.
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-16-07 10:12 PM
Response to Original message
21. Said housing prices would come down a great deal more - I don't think he should
have said that even if he thinks it, if his goal was to not screw up things worse than they currently are.
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