Jim Grant Eviscerates Greenspan, The Foolish Ayn Rand Acolyte Who Just Wants To Be Loved

swag

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Wed Apr-07-10 12:29 PM
Original message

Jim Grant Eviscerates Greenspan, The Foolish Ayn Rand Acolyte Who Just Wants To Be Loved

Run time: 07:45
https://www.youtube.com/watch?v=pmodBTEf7aw

Posted on YouTube: April 07, 2010
By YouTube Member: bizbuzz4
Views on YouTube: 0

Posted on DU: April 07, 2010
By DU Member: swag
Views on DU: 1322

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swag

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Wed Apr-07-10 12:40 PM
Response to Original message

1. via Clusterstock

http://www.businessinsider.com/jim-grant-alan-greenspan-2010-4

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Enthusiast

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Wed Apr-07-10 01:03 PM
Response to Original message

2. Greenspan should be hanging his head in shame.

But noooo. What an ass!

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Ysabela

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Wed Apr-07-10 01:20 PM
Response to Reply #2

3. His head...

should be hanging from the gallows,but that's just my opinion.

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dem mba

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Wed Apr-07-10 06:54 PM
Response to Reply #2

11. just curious how many people Bush pinned medals on

that ended up being proven wrong in their field of expertise, incompetent, or criminal?

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liberation

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Wed Apr-07-10 01:43 PM
Response to Original message

4. Yeah, that is nice and all. But has anyone noticed that there has not been any attempt

at deviating from the MO which Greenspan implemented during the decades of his tenure?

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midnight

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Wed Apr-07-10 01:50 PM
Response to Reply #4

6. Our only hope is Elizabeth Warren....

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liberation

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Wed Apr-07-10 02:23 PM
Response to Reply #6

7. Unfortunately, I am all fresh out of "hope."

Edited on Wed Apr-07-10 02:24 PM by liberation

We should not be placing our hopes on single individuals, but in policies and ideas, and systemic approaches.

That being said, at this point placing Elizabeth Warren in charge, would do a great deal of good. But we need to understand that we need deep systemic changes, what happens when Elizabeth Warren retires? These people have been allowed to control the money supply with no oversight whatsoever, and every time they create an ever bigger crisis... they get "rewarded" with further reduced oversight.

It is insane.

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Enthusiast

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Wed Apr-07-10 02:33 PM
Response to Reply #7

8. Insane is correct! nt

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Enthusiast

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Thu Apr-08-10 02:06 PM
Response to Reply #4

12. This is what makes it so disturbing.

The Obama Administration is behaving as if they fully embrace those failed policies.

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midnight

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Wed Apr-07-10 01:49 PM
Response to Original message

5. Greenspan "unhelpfully" encouraged homeowners to use adjustable rate mortgages?

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swag

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Wed Apr-07-10 02:45 PM
Response to Reply #5

9. Yes.

http://www.usatoday.com/money/economy/fed/2004-02-23-greenspan-debt_x.htm

http://moneycentral.msn.com/content/p73977.asp

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bbgrunt

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Wed Apr-07-10 02:55 PM
Response to Original message

10. k n r. Love this guy.

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