Comments on: Greenspan was Framed! Blame bankers’ moral hazard, not their lackey. http://sovereignspeculator.com/2008/09/06/greenspan-was-framed-blame-bankers-moral-hazard-not-their-lackey/ Thoughts on the markets and the decline of the west Fri, 18 Nov 2011 21:47:21 +0000 http://wordpress.org/?v=2.6 By: GG http://sovereignspeculator.com/2008/09/06/greenspan-was-framed-blame-bankers-moral-hazard-not-their-lackey/#comment-945 GG Thu, 25 Dec 2008 00:48:36 +0000 http://sovereignspeculator.com/?p=820#comment-945 Looks like Bernanke will be the first one who is fired for actually following the orders! Looks like the cartel (Larry Summers) is coming in to directly handle the situation. Yup, the bankers are confounded this time. And confounded they should be because a war is brewing between them and the producing workers of the world. And though none of the parties may not be aware of or see it as such - a war it is. Its going to be fun. Looks like Bernanke will be the first one who is fired for actually following the orders! Looks like the cartel (Larry Summers) is coming in to directly handle the situation. Yup, the bankers are confounded this time. And confounded they should be because a war is brewing between them and the producing workers of the world. And though none of the parties may not be aware of or see it as such - a war it is. Its going to be fun.

]]> By: Mike http://sovereignspeculator.com/2008/09/06/greenspan-was-framed-blame-bankers-moral-hazard-not-their-lackey/#comment-359 Mike Thu, 09 Oct 2008 21:03:57 +0000 http://sovereignspeculator.com/?p=820#comment-359 More Greenspan scapegoating: "Taking Hard New Look at a Greenspan Legacy" http://www.nytimes.com/2008/10/09/business/economy/09greenspan.html?partner=rssyahoo&emc=rss Excerpt: "If Mr. Greenspan had acted differently during his tenure as Federal Reserve chairman from 1987 to 2006, many economists say, the current crisis might have been averted or muted." Actually, he just would have been fired. More Greenspan scapegoating:

“Taking Hard New Look at a Greenspan Legacy”

http://www.nytimes.com/2008/10/09/business/economy/09greenspan.html?partner=rssyahoo&emc=rss

Excerpt: “If Mr. Greenspan had acted differently during his tenure as Federal Reserve chairman from 1987 to 2006, many economists say, the current crisis might have been averted or muted.”

Actually, he just would have been fired.

]]> By: Mike http://sovereignspeculator.com/2008/09/06/greenspan-was-framed-blame-bankers-moral-hazard-not-their-lackey/#comment-173 Mike Tue, 16 Sep 2008 20:25:59 +0000 http://sovereignspeculator.com/?p=820#comment-173 An online survey fingers Greenspan: http://finance.yahoo.com/tech-ticker/article/60751/Who-Killed-the-Economy%3F-So-Far%2C-Greenspans-the-Popular-Choice There wasn't an option for the FDIC or bankers in general. Hardly anyone gets the problem with moral hazard and fractional reserve banking, and I'm not holding my breath. An online survey fingers Greenspan:

http://finance.yahoo.com/tech-ticker/article/60751/Who-Killed-the-Economy%3F-So-Far%2C-Greenspans-the-Popular-Choice

There wasn’t an option for the FDIC or bankers in general. Hardly anyone gets the problem with moral hazard and fractional reserve banking, and I’m not holding my breath.

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