Why is Greenspan allowed to talk about printing money like it was no big deal?

[The Backlash Cometh]

And, oh boy, isn't it funny to hear Greenspan talk about self-esteem issues when he's talking about the United State's monetary network.

I thought self-esteem was a "Libral" concept.

[izquierdista]

1. He's senile

Has been for years, like his patron Reagan.

[Javaman]

7. +1. nt

[n2doc]

2. He's doing his bit for the ruling class

Just like he always has. And because of that, the MSM will always give him a ready platform to spew.

[mmonk]

3. Actually he is pointing out that there is no need for S&P's ratings

attack. He has been part of the problem but in this case, the US can choose to pay its debt obligations.

[TheCowsCameHome]

4. Or better yet, why is anyone listening to him?

Must be his Rock Star looks.

[PoliticAverse]

5. Why are people still listening to Greenspan? n/t

[WhiteTara]

6. Why is that fossil allowed to speak at all.

He caused the housing bubble.

[sasan76]

8. Thank god he's not fed chairman anymore.

If you want to completely discredit U.S. debt, tell the whole world we are going to go on a inflationary binge to pay back debt. After all, it worked so well for Germany. He has lost all credibility. He helped create the housing bubble by keeping interest rates artificially low for years. He even said he had no idea there was bubble and argued there was nothing he could have done. First of all, I don't buy his bullshit that he didn't know there was a bubble, and he had no reason to keep rates so low since the economy was doing well even if it was for the wrong reasons.