AMERICAblog: Clinton wants to bring back Greenspan to help solve housing crisis that Greenspan helped cause
Andrew
· 1 year ago
Clinton would be better off with Ron Paul if she were really interested in cleaning up the mess in U.S. finance. Greenspan is the one who got us into this by allowing his regulators to look the other way. Putting Greenspan in that position would be the same as putting the fox in charge of the hen house.
tlsintx
· 1 year ago
didn't Phil Gramm have to slink away due to some unsavory dealings a few years ago? what was that?
jimfromthefoothills
· 1 year ago
Shrilllary is a Neo-lib. Her economic policies are no different from the bushies. Screw the American public for your personal gain.
Unfortunately my man Barack is tied in with the same people. Volcker has endorsed his candidacy.
If the clintons have only worked in government then how in the hell did they become worth $50-$100 million??? lets see those tax returns.
Deacon_Blues
· 1 year ago
Maybe it's unfair, but this is probably my main problem with Hilary Clinton -- more of the same. Another Clinton administration promises the usual suspects in leadership positions, the same old policies, the Republicans and their Press hounding her. I've had enough. Change is just a slogan, I know, but if we ever needed it, it's now. Whatever used to work won't cut it any more.
TheOriginalLiz
· 1 year ago
The status quo will never change as long as the ones who benefit from it (Hillary, Bush, etc) have all the power. That is why Obama is such a threat - he may upset the gravy train.
nicho
· 1 year ago
I'm afraid Hillary is trapped in the same revolving door that has brought us all our problems. If she gets in, it will be the same old inside-the-beltway crowd that pretends to hate each other in public, but who share condos at the ski resorts and who all attend the same cocktail parties.
nicho
· 1 year ago
Hey, I have a better idea. She should name Bill Clinton and Eliot Spitzer to head a panel on marital fidelity.
theWalrus
· 1 year ago
Do you really think Obama wouldn't talk to or meet with Greenspan about the economy? It's part of this "let's be bi-partisan, centrist, touchy-feely thing that Dems like to talk about (they think it's what the voters want to hear) when they should be ostracising the Republicans (yep, all of them) for 8 years of total and complete mismanagement of everything they've touched.
jr
· 1 year ago
Goldwater girl Hillary wants to bring back an Ayn Rand cultist who thinks any government regulation is the second coming of the Soviet Union.
same song second verse more of the same only worse
PeteWa
· 1 year ago
Hillary for the Status Quo!
jimfromthefoothills
· 1 year ago
Obama is not the same as Shrillary. I think the reason she is willing to destroy the democratic party is that Obama will be the first change in the power structure of this country since Carter. Remember though, Carter was a "centrist" democrat who tried to work with these asswipes. He tossed out a Keynsian Fed chairman for Volcker.
Shrills masters are ordering her to destroy the village in order to keep their grip on power. Saudis, Chinese, middle eastern oil royalty are her masters.
tbhull
· 1 year ago
Slightly OT, but now JP Morgan wants to up the bid for Bearn Stearns to assuage Bear Strearns shareholders. The Fed supposedly only allowed a $2 max bid from JP in exchange for the feds allowing a $30 billion loan for Bear Stearns contribution to the financial industry shitpile. Now the free markets types are screaming that the feds, balking at the $10 rise in price, are intervening and trying to keep the market from operating efficiently.
What a joke! Bear Stearns shareholders are equivalent to welfare mommas addicted to the government dole, as they so cozily snuggle up to the breast of good mother government when they want to nurse.
>>Slightly OT, but now JP Morgan wants to up the bid for Bearn Stearns
Not at all OT -- and part of the problem.
A week ago, JP Morgan announced it was buying Bear Stearns for $2 a share.
However, the next day, BS shares were selling for around $4-5 dollars. I found that kind of odd. Why would anyone do that?
Now, today, JP Morgan says it will quadruple its price for BS -- and BS shares are selling for $10.
If you were an insider who knew last week that JPM was going to quadruple it's bid, you could have doubled your money in one week.
If you're not an insider and you play the market, you're a sucker.
SarainKC
· 1 year ago
Are you familiar with how the Rothchilds amassed their wealth? This shit has been going on since Napoleon. See Endgame for more info.
SarainKC
· 1 year ago
OT- Just checked on the views for the "Four Pinnochios" video on YouTube. It has been removed. From the administration that paved the way for FIXednews has now decided censoring YouTube is the new Democratic ideal.
SarainKC
· 1 year ago
I used the search tool under "Four Pinnochios" (which is what it was listed under yesterday), The Jed Report, The Jed Report Four Pinnochio's, Hillary Clinton's Bosian lies, Hillary Clinton Four Pinnochios and Hillary Clinton caught lying. Nothing came up.
Indigo
· 1 year ago
I'm happy with that. Even better would be the resurrection of Ayn Rand. It's her philosophy that motivates both wings of the Corporatist Party, (Conformist Republicans and Quarelsome Democrats).
hector
· 1 year ago
Johnstown, (Pennsylvania) a geological teacup of a place in the valley between two rivers, is distinctive in having suffered three killing floods in the last 119 years, and having recovered miraculously from two of them. Its struggles since the last flood, in 1977, which coincided with the decline of steel and coal, make it more typical of the cities of central and southwestern Pennsylvania.
“This area, it’s like they wrote it off,” said Mr. Swope, a retired electrician. “A billion dollars a day for the war, and when a bridge collapsed over here,” he said, mentioning a nearby hamlet, “they didn’t even bother fixing it.” The 116-year-old bridge carried State Route 1012 over Clearfield Creek in the town of Dysart. Investigators said it collapsed moments after a snowplow crossed on Dec. 11. http://www.nytimes.com/2008/03/20/us/politics/2...
cambridge1246
· 1 year ago
Sorry, but doesn't the quote above say"Former Federal Reserve Chairman Alan Greenspan and OTHER ECONOMIC EXPERTS...." It is at least nice to see that she is calling for someone to see what can be done to help the citizen losing their home rather than the large companies who had part in bringing it about.
nicho
· 1 year ago
>>>Sorry, but doesn't the quote above say"Former Federal Reserve Chairman Alan Greenspan and OTHER ECONOMIC EXPERTS...."
Sorry, but these "economic experts" are the ones who started the fire. They don't know how to put it out.
What will Hillary do next, select Dick Cheney as her VP?
AngryOne
· 1 year ago
In the wake of the near-meltdown of the American financial system this week, economists are finally pointing the finger of blame at Alan Greenspan. As the Washington Post details, the former Fed Chairman once lauded as the "Maestro" is now facing withering criticism for helpful fuel the twin crises of the housing market and the financial system. That can't come as good news for John McCain, who recently summed up his minimal knowledge of economics by noting, "I've got Greenspan's book."
Greenspan called Clinton "the best Republican president" on the economy. The Clintons and Greenspan/wife, Andrea Mitchell(NBC), are totally in bed together so no wonder Hillary offers this ridiculous proposal. I'm sure it will be worth more kind campaign support from them both.
ericgoldman
· 1 year ago
You're right, why bring in economic experts? Let's just leave the economic experts out of government. Because, clearly, financial institutions can regulate themselves, make up their own rules. Better to leave it to the marketplace.
Grasping at straws . . .
Bush_Bites
· 1 year ago
"Bubbles" Greenspan is no expert.
He's an ideologue who does everything in the service of his Ayn Rand fantasies.
Bring back a Fed Chairman who left a successful legacy, Paul Volcker.
Oh, wait, he's already advising Obama.
Mike_G
· 1 year ago
Kim Jong Phil is the kind of corporate-crony Texas sleazebag who should never be allowed anywhere near politics ever again.
This is the dirtbag who quashed effective monitoring of financial transfers after 9/11 lest it interfere with his buddies hiding money in tax havens. So Warrantless wiretapping for us little people because of the 'extreme emergency', but nothing must intrude upon unmonitored tax evasion for the well-connected. Texas banana-Republican corruption at its dirtiest.
Sarah B.
· 1 year ago
How very special….
This is yet more evidence that Hillary Clinton doesn't only have bad judgment, she has terrible judgment!
Asking Alan Greenspan to "help" solve the housing crisis is like inviting the reckless bull who just ran amok through the china shop -- breaking everything in sight and leaving a trail of bullshit in his wake as far as the eye can see -- to come back to the scene of destruction to mend the broken china, repair the damage to the shop, and clean up the big shit pile. Now, that's a cunning plan!
Please, Hillary, no more bright ideas like the return of Mr. Bubble. :( ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
All Comments
Unfortunately my man Barack is tied in with the same people. Volcker has endorsed his candidacy.
If the clintons have only worked in government then how in the hell did they become worth $50-$100 million??? lets see those tax returns.
http://en.wikipedia.org/wiki/Phil_Gramm
same song
second verse
more of the same
only worse
Shrills masters are ordering her to destroy the village in order to keep their grip on power. Saudis, Chinese, middle eastern oil royalty are her masters.
What a joke! Bear Stearns shareholders are equivalent to welfare mommas addicted to the government dole, as they so cozily snuggle up to the breast of good mother government when they want to nurse.
http://www.nytimes.com/2008/03/24/business/24de...
Not at all OT -- and part of the problem.
A week ago, JP Morgan announced it was buying Bear Stearns for $2 a share.
However, the next day, BS shares were selling for around $4-5 dollars. I found that kind of odd. Why would anyone do that?
Now, today, JP Morgan says it will quadruple its price for BS -- and BS shares are selling for $10.
If you were an insider who knew last week that JPM was going to quadruple it's bid, you could have doubled your money in one week.
If you're not an insider and you play the market, you're a sucker.
“This area, it’s like they wrote it off,” said Mr. Swope, a retired electrician. “A billion dollars a day for the war, and when a bridge collapsed over here,” he said, mentioning a nearby hamlet, “they didn’t even bother fixing it.” The 116-year-old bridge carried State Route 1012 over Clearfield Creek in the town of Dysart. Investigators said it collapsed moments after a snowplow crossed on Dec. 11.
http://www.nytimes.com/2008/03/20/us/politics/2...
Sorry, but these "economic experts" are the ones who started the fire. They don't know how to put it out.
What will Hillary do next, select Dick Cheney as her VP?
For the details, see:
"Economists Point Finger at McCain Mentor Greenspan."
Grasping at straws . . .
He's an ideologue who does everything in the service of his Ayn Rand fantasies.
Bring back a Fed Chairman who left a successful legacy, Paul Volcker.
Oh, wait, he's already advising Obama.
This is the dirtbag who quashed effective monitoring of financial transfers after 9/11 lest it interfere with his buddies hiding money in tax havens. So Warrantless wiretapping for us little people because of the 'extreme emergency', but nothing must intrude upon unmonitored tax evasion for the well-connected. Texas banana-Republican corruption at its dirtiest.
This is yet more evidence that Hillary Clinton doesn't only have bad judgment, she has terrible judgment!
Asking Alan Greenspan to "help" solve the housing crisis is like inviting the reckless bull who just ran amok through the china shop -- breaking everything in sight and leaving a trail of bullshit in his wake as far as the eye can see -- to come back to the scene of destruction to mend the broken china, repair the damage to the shop, and clean up the big shit pile. Now, that's a cunning plan!
Please, Hillary, no more bright ideas like the return of Mr. Bubble.
:(
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~