Alan Greenspan is Lying
Posted: Tuesday, October 28, 2008
by Missing Link
Is it any surprise that Alan Greenspan is no more forthcoming than anyone else who got caught with their pants down? He sits there in Washington claiming ignorance, claiming that the fiscal calamity was a surprise. I believe he's merely a liar.
The tragic part of it isn't that he's lying. It isn't that he claims not to know anything I heard it called the Sergeant Shultz defense, "I know nothing!". The tragic part is that he knows the truth. He knows why it happened and by not telling why and how he's hurting us all when he could help the country. He could lay it all on the line and then everyone could stand back and say, "Holy Crap, are you kidding me!?" And then we could have our overturning of the status quo and create something new.
Alan Greenspan knew it too. He knew what was happening and now he isn't willing to talk about how the systems were either too corrupt or too inept to take care of the problems. I think he's committing treason.
I am going to pay the bill on this debt that the government is doling out and I don't know how many years I'll be paying. Alan Greenspan knows why it all happened and he needs to come clean so we can fix the systems or throw them out and start over again. Whatever, Alan Greenspan needs to speak the truth.
But Greenspan is choosing to lie. Who is he protecting? Lying has become such a regular part of politics and public life it's appalling.
I do find the position of John McCain hysterical. He and Palin have lately been denouncing Obama as a Socialist who wants to "spread the wealth" around. This is funny because McCain and his pal George Bush just engineered the greatest spreading of our wealth the world has ever seen in the bailout. And guess what, the money isn't coming back to any of us and the banks aren't lending it to us either.
Taxpayers are restocking the bank's safes and the banks are just locking it away. Just when America gives them a helping hand, they roll up the sidewalks and flip the "open" sign to "closed" and we're all left with the bills and empty pockets.
We are just a bunch of stupid people if we leave any of the politicians in office. Next week I hope we collectively run them out in a way that's never been seen before. Every incumbent ought to be flogged at the ballot box and run out on a rail. Each and every last one of them ought to go. And I'm not sure that McCain and Obama shouldn't be included in the forced exodus.
And as for Alan Greenspan, if he refuses to tell the truth, I'd say it's time to try someone for treason so let's start with him. We need the truth.
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Top-level comments on this article: (2 total)Alan Greenspan is lying about the process, to protect the process. Greenspan contributed to this housing mess by reacting to September 11, 2001 by lowering interest rates to almost nothing. That made money almost free, and artificially inflated prices, and so on.By the way, the fed has gone full circle. Interest rates are right back where they were after 911. The fed has learned nothing. They are supposed to be our economic rock. They are in full reactive mode instead. You would make a good fed chairman. Unfortunately, the same process that Greenspan is protecting, would not let you do that. You would be labeled as inexperienced.I wonder what will happen to the USA. Rome eventually fell. We can only handle so much corruption and stupid decisions before we are no longer a viable country. I wonder where that fine line is? I appreciate your article.Thanks for your thoughtful comment Anon!ML
missing, a really down to earth to the point article. I myself as you know cannot comprehend why we allow this yet we do. It is evident or at least one can assume those that vote for these types are of the same ilk. When 94% of us say one thing but then go out and vote for the very same ones they dis, that says it all. Good job.Hi Robert,As always, thanks for your comment. Living in this country has become a weird ride all of a sudden!MLYes, but what options?
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