Greenspan tells Congress he had no idea this econ mess was coming, but he goes on to say what is next and what congress should do. The cuts in interest rates starting in 2001 pumped up the balloon after the dotcom crash, as he said in 2005. When asked why he didn't listen to the people who were proven right, he said half the time half the people are wrong. No, Alan, some arguments are based on logic, and some are based on politics. Your moves were political.
Thursday, October 23, 2008
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment