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judygee100 says:
we gave accolades to the companies that restructured and laid off workers, making smart moves to the cheapest labor, the import of toxic, filthy foods,and crappy products. the crappiest, were the strange financial products no one can actually explain, except to say they are the closest things to quarks. there were those million dollar commercials, with actors we could believe in, their sonorous voices reminding us how these companies with their worldwide visionary ceo''s (the guys who were busy cleaning out the vault) were getting even bigger while their workforce got smaller. meantime, back at the ranch (pun) we needed jobs that no longer existed. whole communities, cities were becoming devastated. people, began living solely on charge cards. paying for food. the doctor. socks, the kids school notebooks and underwear. just the slobs needed jobs. savvy guys would live off the market and some shmuck who would buy their house for ten times what it was worth 3 years before they sold it. you needed greenspan to tell you this was not going well? don''t greenspan me. or obama me, ooh my goodness he has no plan. maybe he''ll pull an all nighter and figure it out. it''s got to a better plan than the one for AIG. good thing we caught them before they spent our money on a spa retreat. our plan for the banks to loosen up credit, that one was good, too. now, the potato sack race for the money is over. if only someone had taken photos, we could have seen how really stupid we looked.
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judygee100 says:
we gave accolades to the companies that restructured and laid off workers, making smart moves to the cheapest labor, the import of toxic, filthy foods,and crappy products. the crappiest, were the strange financial products no one can actually explain, except to say they are the closest things to quarks. there were those million dollar commercials, with actors we could believe in, their sonorous voices reminding us how these companies with their worldwide visionary ceo''s (the guys who were busy cleaning out the vault) were getting even bigger while their workforce got smaller. meantime, back at the ranch (pun) we needed jobs that no longer existed. whole communities, cities were becoming devastated. people, began living solely on charge cards. paying for food. the doctor. socks, the kids school notebooks and underwear. just the slobs needed jobs. savvy guys would live off the market and some shmuck who would buy their house for ten times what it was worth 3 years before they sold it. you needed greenspan to tell you this was not going well? don''t greenspan me. or obama me, ooh my goodness he has no plan. maybe he''ll pull an all nighter and figure it out. it''s got to a better plan than the one for AIG. good thing we caught them before they spent our money on a spa retreat. our plan for the banks to loosen up credit, that one was good, too. now, the potato sack race for the money is over. if only someone had taken photos, we could have seen how really stupid we looked.
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judygee100 says:
we gave accolades to the companies that restructured and laid off workers, making smart moves to the cheapest labor, the import of toxic, filthy foods,and crappy products. the crappiest, were the strange financial products no one can actually explain, except to say they are the closest things to quarks. there were those million dollar commercials, with actors we could believe in, their sonorous voices reminding us how these companies with their worldwide visionary ceo''s (the guys who were busy cleaning out the vault) were getting even bigger while their workforce got smaller. meantime, back at the ranch (pun) we needed jobs that no longer existed. whole communities, cities were becoming devastated. people, began living solely on charge cards. paying for food. the doctor. socks, the kids school notebooks and underwear. just the slobs needed jobs. savvy guys would live off the market and some shmuck who would buy their house for ten times what it was worth 3 years before they sold it. you needed greenspan to tell you this was not going well? don''t greenspan me. or obama me, ooh my goodness he has no plan. maybe he''ll pull an all nighter and figure it out. it''s got to a better plan than the one for AIG. good thing we caught them before they spent our money on a spa retreat. our plan for the banks to loosen up credit, that one was good, too. now, the potato sack race for the money is over. if only someone had taken photos, we could have seen how really stupid we looked.
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judygee100 says:
we gave accolades to the companies that restructured and laid off workers, making smart moves to the cheapest labor, the import of toxic, filthy foods,and crappy products. the crappiest, were the strange financial products no one can actually explain, except to say they are the closest things to quarks. there were those million dollar commercials, with actors we could believe in, their sonorous voices reminding us how these companies with their worldwide visionary ceo''s (the guys who were busy cleaning out the vault) were getting even bigger while their workforce got smaller. meantime, back at the ranch (pun) we needed jobs that no longer existed. whole communities, cities were becoming devastated. people, began living solely on charge cards. paying for food. the doctor. socks, the kids school notebooks and underwear. just the slobs needed jobs. savvy guys would live off the market and some shmuck who would buy their house for ten times what it was worth 3 years before they sold it. you needed greenspan to tell you this was not going well? don''t greenspan me. or obama me, ooh my goodness he has no plan. maybe he''ll pull an all nighter and figure it out. it''s got to a better plan than the one for AIG. good thing we caught them before they spent our money on a spa retreat. our plan for the banks to loosen up credit, that one was good, too. now, the potato sack race for the money is over. if only someone had taken photos, we could have seen how really stupid we looked.
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txgrouch2007 says:
How can such highly educated people be so stupid?
Posted by zolefart at 11:09 PM : Nov 07, 2008

Ah, yes. The age-old question. Why do successful people seem so stupid?

It''s because they have gained the meta wisdom. They aren''t really stupid. But they know when it''s better for their own success to PRETEND they are. So you can pretend to believe in what makes you successful, even if that''s not what''s rational.

Greenspan had a long, long career. He got re-appointed over and over again by Republicans and Democrats alike. Why?

Because he played stupid and pretended to believe whatever they wanted him to pretend he believed. The scary part is, he''s a libertarian. Sometimes he WASN''T pretending to be so stupid.

But more often than not, he knew d@*n well he was spouting political pablum just to pander to the one who would re-appoint him.

THAT''S WHAT MAKES IT CRIMINAL. That''s why he belongs behind bars.
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missingamerica says:
"If the value of equity goes up, that amount of capital is available to be disbursed most anywhere," he [Greenspan] said.

Yah, like in bonuses to the C-level execs.
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Hybdiesel says:
Will never forget the day I heard Greenspan say, it does not matter where THINGS, are built. I wonder if he is getting the picture yet. A dumb old man like my self knows, people without job''s do not purchase homes, cars and etc. How can such highly educated people be so stupid?
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txgrouch2007 says:
isn''''t offshoring a partial result of greed?
Posted by Hypnotoad72 at 09:09 PM : Nov 07, 2008

Ummmm - I''m going out on a limb here - YES?????
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txgrouch2007 says:
Greenspan sees a steep decline in the economy?

He SHOULD be seeing the bars of a prison cell. FROM THE INSIDE.

Greenspan is a bum.
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len134 says:
If he thinks this is a bottom, I have bridge in Alaska...
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