“I conclude that the current government activism is hampering what should be a broad- based robust economic recovery, driven in significant part by the positive wealth effect of a buoyant U.S. and global stock market.” [CFR via BI, earlier]
Alan Greenspan Has An Opinion: The Recovery Would Be A Lot Cooler If Not For Government Meddling
By Bess Levin — Advertisement —
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
you always hear about ‘the beard’, but I wonder, how Greenspan able to shave?
The same way your mother does?
The same way your mother does?
The same way your mother does?
Please Mr. Greenspan, just go away.
“I conclude that having presided over the biggest bubble economy in US history and having failed to act completely in your capacity as Chairman, Mr. Greenspan kindly go fist yourself.”
-Big Ben Bernanke
In other news, RuPaul thinks trannys would be a lot cooler if they didn’t have cocks.
Could someone please go get Kouwe’s opinion on journalistic confidentiality? Its just about as relavant as the above.
Say, man, you got a joint?
Isn’t raising/lowering interest rates just as meddlesome as government meddling? But I digress..
So are you dissenting to further QE’s ex-chairman?
-Ben
And Mr. Greenspan would be a lot cooler with a new face…..
~ guy who likes to point out ugly old people
And Mr. Greenspan would be a lot cooler with a new face…..
~ guy who likes to point out ugly old people
John Paulson is to Greenspan as Rajaratnam is to _________?
your mother?
Ah yes, “government meddling”. Another term invented by a gaggle of “free market” drum beating GOP fucksters. What other nonsensical terms have they jerked out of their cocks?
“tax and spend liberals”
“Freedom hating socialists”
Yeah yeah down with Regulation you obama loving dipshits. We should have a wild wild west financial free for all, in which you meet margin requirements by dueling your broker, and using his severed head as capital.
-guy who is having a bullshit monday
@CurrencyTrader,
Yes because the fucking tranny-fiddling morons who couldn’t get a real job on the street at SEC/CFTC/etc. have enough intelligence, experience or even common sense to make sweeping decisions having drastic effects on the most complex sector of the most complex economy in the history of the world.
Grow up dude. Anyone who actually lives in the real world would trust the typical bureaucrat with about as much responsibility as an 8 year old.
I trust an 8 year old to take care of my step-mother. She’s black though so I don’t care much about her.
I trust an 8 year old to take care of my step-mother. She’s black though so I don’t care much about her.
Currencytrader go on, why are you having a ‘bullshit monday’
1) Hey man you trust the average ” government bureaucrat” to make sure you have clean water, safe highways, building structures that are earthquake / fat guy proof, etc etc. Don’t give me that bullshit. Why not trust them to regulate markets, that NEED it. Or have you forgotten that because of your “real world” living, that the financial crisis was caused because of the overturning of glass seagul act, excess leverage from lax capital requirements for banks, etc etc.
2) I’ll bet you are one of those traders that sleeps because he keeps saying his benefit is adding liquidity to the market. Nobody on our trading desk thinks we are valuable members of society.
3) Blow me.
Good one. And how is UBS today?
“glass seagull act’, is it the best comment of the day?
still deciding…
Nice straw man. Anyways, back to the argument and story at hand.
CurrencyTrader for prez…
Greenspan: “Referring to his free-market ideology, Mr. Greenspan added: “I have found a flaw. I don’t know how significant or permanent it is. But I have been very distressed by that fact.”
Mr. Waxman pressed the former Fed chair to clarify his words. “In other words, you found that your view of the world, your ideology, was not right, it was not working,” Mr. Waxman said.
“Absolutely, precisely,” Mr. Greenspan replied. “You know, that’s precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.”
So he now back on his old line I guess?
who is john galt?
You are the reason why injustice exists in the world today. Just keep turning a blind eye to the real problem.
vindaloo?
better question:
Hitler is to World Leaders as Joe Weisenthal is ________”
@currencytrader
1)My water comes from a well in the ground dug by private enterprise, my house was built by family, and they’re doing a shit job on the roads, thank you very much, and have even given up trying to take away the trash. So sure, why wouldn’t we want them running MORE stuff?
2) The guys at Noonan’s were currency traders. That was before the banks computerized 90% of the currency trading. You clowns don’t add value, and haven’t even been around long enough to have seen it the other way to know the difference.
3) They’ve got glory holes for guys like you…
ohhh sooo close. the answer we were looking for was “who is john holmes”
HFT Traitor…. AIGFP concurs!!
Do you make your own electricity and internet too? And did your family make their own houses, and the roads near those houses, and how is the home schooling of all your relatives children going? Will they eventually graduate when mom says so and pay their own way at the private college they won’t get into? And what’s it like eating those home grown un-FDA regulated foods…yummy tubers and whatnot? And are those private enterprise glory holes, serviced by family?
Lighten up CockTrader. Everyone feels badly that you fucked up the breakfast order for the desk. In the meantime, keep slaying it as one of the top 100 traders under 30 in San Francisco. Remind us again what imaginary firm you work for this week?
Shut the fucking fuck up already, you fucked fuckstick.
All your base are belong to us.
All your base are belong to us.
I share Mr. Greenspan’s opinion
- Larry Summers
CT,
You know what’s worse than “tax and spend liberals”? Liberals that just spend, and spend…..and spend.
A close second would be the “print and spend liberal” which is essentially just a more disingenuous variant of the “tax and spend” species distinguished from the former by its lacking the political support or intestinal fortitude to overtly raise taxes. “Inflation is taxation without legislation” – Milton Friedman
Given the breathtaking efficiency and effectiveness with which the SEC has fulfilled it’s mandate during the most recent financial crisis, your calls for increased government regulation are nothing if not timely. That notwithstanding, it would surely stimulate the market for tranny porn so Barry and company could take credit for a few million “saved jobs.”
Not an economist, but I did stay at a Holiday Inn Express.