Comments on: Greenspan: My Faith In Banks A "Mistake"

Former Federal Reserve Chairman Tells House He Sees Flaw In The Free Market Model

[spiritwalk]

"Time for the rich and elitest cultures of this country to see GOD face to face and explain their lack of humanity."
Posted by tbuckl9501
.................
Isnt it strange how all the "God fearing", bible believing", "10 Commandments posting" people seem to act like they don''t believe they will ever have to do that?
I am not a believer in those things, but one thing I do believe is that I am not going to be able to BS God. So maybe that explains it. They think God is all-knowing and all-powerful, but they think they can come up with a good BS story that God will fall for.

[tbuckl]

Greenspan thought that Corp. American CEOs were going to protect their shareholders, WHAT A JOKE! They only care about their money and the master they serve. What gets me is that these CEOs want everyone to believe they had no hand in this, that the housing market caused this situation we are now in, Governmental Bullsh..t! It was the greed of these CEOs and their golden retirement plans, vacations, million dollar boats, planes, and cars and their throw-away attitude. It those CEOs with their 7 homes and hired help from Mexico. I suggest we bring these CEOs to the town square and have them quartered. Those with the gold blame those who have none, same old story, same old blame, same preverts running the country and telling us what morals we must have while having none themselves. Time for history to repeat itself as it did in the American & French Revolutions. Time for the rich and elitest cultures of this country to see GOD face to face and explain their lack of humanity.

[spiritwalk]

Greenspan is either naive for someone reputed to be so smart, or a serious gangster.
Posted by brianbwb
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Greenspan was allowed the same kind of power at the Fed that Hoover was allowed at the FBI and he played the Fed to his own advantage. Now he is playing the congress with the "Oh shucks! It''s not my fault. (that''s my story and I am sticking to it.)" defense.
He will get away with it to, since his wife is a big wheel at NBC News and has the power to keep the news stories off him.
So, when you hear Andrea Mitchell telling you the "truth" about the news just look at the picture of Greenspan and imagine him crawling and drooling all over her at night. Kind of makes you wonder about how much you should pay attention to what she tells you, doesn''t it?

[brianbwb-2009]

Greenspan is either naive for someone reputed to be so smart, or a serious gangster.

Did he really not understand that unregulated businesses will behave exactly the same as individual people in the absence of law enforcement?

Did he really not think hat they would form gangs, mafia, cartels, whatever you want to call them, and use the power of numbers to violate the unenforced "law"?

Al, c''mon, you must have known better than that, it makes me wonder if the "corporate Crips'' and the "corporate Bloods" got to you long ago.

[jerr11]

For this mistake which has cost many Americans dearly and even brought them to complete ruin, I suggest we bring Mr. Greenspan to the village square and have him quartered.

There''s got to be some accountability.

Easy to say "Oops" but who gets to pay for your mistake?

That goes for the Liar-in-Chief too for his numerous "mistakes," mistakes the American people are paying dearly, 4184 of them with their lives.

[palin08o8]

I am outraged!!!!!!!!!!

All that money spent on moose clothes!

$150,000.00 Could have fed thousands of families!


Just burn the moose dud smelling clothes! Charity my behind!!!!

You know what i changed my mind about Obama! I think he will be better for national security and the economy!

Besides I think Sarah Palin is really a Terrorist

Breaking News: The Terrorist Group AKA Alaska Independent party Calling on Russia to help secede from the Union
www.chilitoz.com
Extremists Mark Chryson and Steve Stoll former leaders of the Alaska Terrorist group AKA Independence Party and friends of Sarah Palin are calling on Russia to help them gain independence from the United States.

Watch video of Sarah palin addressing The Alaska Terrorist Group also known as The Independence party. They are calling for a civil war against the mainland.
www.chilitoz.com

Well Duh!

[Bernie1l]

Greenspan''s problem was not his trust in banks but his under estimate of congressional involvement. Who would have guessed Barney Frank was even capable of orchestrating such a failure. Frank still doesn''t even understand why he is the king of the collapse. Not to mention why Dodd is the queen.

[angrycorner]

I have to hand it to the man, he fessed up and called himself out on a ''misconception'' that cost a lot of borrowers and tax payers a ton of money. He in no way had to, he could have ridden out the tried and true market fluctuations argument and would the error will like everything else fall out of the memory of the majority of the people. On the other hand his argument that he never saw it coming? Not possible, with any instance you refer to in history, when the free market is afforded too much power they use it and people lose. People are greedy and corporations are greedier yet. If Greenspan never saw it coming, he probably wasn''t ever qualified to be the chairman.

TCR angrycorner.blogspot.com

[angrycorner]

I have to hand it to the man, he fessed up and called himself out on a ''misconception'' that cost a lot of borrowers and tax payers a ton of money. He in no way had to, he could have ridden out the tried and true market fluctuations argument and would the error will like everything else fall out of the memory of the majority of the people. On the other hand his argument that he never saw it coming? Not possible, with any instance you refer to in history, when the free market is afforded too much power they use it and people lose. People are greedy and corporations are greedier yet. If Greenspan never saw it coming, he probably wasn''t ever qualified to be the chairman.

TCR angrycorner.blogspot.com