It’s been quite some time since we’ve run what we call a ‘Classique’ - an essay that we have run before, but one whose idea stands the test of time. And so, today we look back and consider the quickly deteriorating economic situation the United States has found itself in - one which some may say began under one man’s direction. But we’ll let him speak for himself. Take it away, Maestro…
October 17th, 2008 | Bill Bonner | 7 comments | ContinuedAll Posts Tagged With: "Alan Greenspan"
Alan Greenspan Bears Blame for Intensity of Financial Crisis
More than any other man - living or dead - Alan Greenspan bears the blame for the intensity of the current financial crisis. Booms and busts are inevitable…
October 13th, 2008 | Bill Bonner | 1 comment | Continued
The Stinging Reproach of a Former Fed Chairman
Alan Greenspan has been popping up all over the press lately - after 18 years of Greenspeak, it looks like the former Fed chief wants to set the record straight…
April 10th, 2008 | Kate Incontrera | 3 comments | Continued
Americans Executives Admit Their Salaries are Ridiculous
“We’ve come to realize that these salaries are just absurdly high. None of us can think of anything we’ve done anytime in the last ten years to warrant a salary of even half of what we get paid - much less the $38 million Stan got or the $322 million Ray got…”
April 1st, 2008 | Bill Bonner | 3 comments | Continued
Risk Management/Gambling Addiction
And Alan Greenspan himself wrote an essay for the Financial Times titled “We Will Never Have a Perfect Model of Risk”, which perfectly sums up the incredible stupidity of this traitorous bastard who used the Federal Reserve to destroy this country. In it, Mr. Greenspan starts out by saying, “The current financial crisis in the United States is likely to be judged in retrospect as the most wrenching since the end of the second world war.”
March 25th, 2008 | Mogambo Guru | 2 comments | Continued