Scalia Dead

[CarlV]

Originally Posted by Coolidge23

The point is that many Democrats in Congress voted in favor of the Iraq war, including Hillary.

What do Republican feels on Glass_Steagall have to do with the fact that it was Bill Clinton who repealed it?

I've been called a racist, xeonophobe sexist etc etc so many times that it's an instinctual reaction. If you want context search for the Greenwald video on youtube yourself.

Originally Posted by Coolidge23

Yup. Dems good, GOP bad. Must not stray from the company line.

That's some primo objective, critical thinking you're engaging in there pal.

“Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief,” he told the House Committee on Oversight and Government Reform.

Now 82, Mr. Greenspan came in for one of the harshest grillings of his life, as Democratic lawmakers asked him time and again whether he had been wrong, why he had been wrong and whether he was sorry.

Critics, including many economists, now blame the former Fed chairman for the financial crisis that is tipping the economy into a potentially deep recession. Mr. Greenspan’s critics say that he encouraged the bubble in housing prices by keeping interest rates too low for too long and that he failed to rein in the explosive growth of risky and often fraudulent mortgage lending.

“You had the authority to prevent irresponsible lending practices that led to the subprime mortgage crisis. You were advised to do so by many others,” said Representative Henry A. Waxman of California, chairman of the committee. “Do you feel that your ideology pushed you to make decisions that you wish you had not made?”

Mr. Greenspan conceded: “Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact.”
http://www.nytimes.com/2008/10/24/bu...anel.html?_r=0

Alan Greenspan Salary How much did Alan Greenspan make as Chairman of the Federal Reserve? $180,000 Alan Greenspan is an American economist, he has a net worth of $10 million. Alan Greenspan has earned his net worth as his former Chairman of the Federal Reserve of the United States, position he held from 1987 to 2006. Currently he owns his own consulting company called Greenspan Associates LLC, he works as a private advisor and he provides firms with consulting services. President Ronald Reagan first appointed to the Chairman position in August 1987, and reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position. He was born in the Washington Heights area of New York City, on March 6, 1926. His father was of Romanian-Jewish descent Herbert Greenspan, and his mother Rose Goldsmith of Hungarian-Jewish descent. Greenspan describes himself as a "lifelong libertarian Republican", he was married to an artist named Joan Mitchell in 1952; the marriage ended in annulment less than a year later. He then married journalist Andrea Mitchell in 1997 the ceremony was performed by Supreme Court Justice Ruth Bader Ginsburg. Greenspan received the highest civilian award in the United States, by President George W. Bush in November 2005.the award is called the Presidential Medal of Freedom. Some of Greenspan's most honorary titles include Commander of the French Legion d'honneur (Legion of Honor, 2000) and Knight Commander of the British Empire (2002). In 2006, Greenspan was awarded the Department of Defense Medal for distinguished Public Service. Greenspan received the Dwight D. Eisenhower Medal for Leadership and Service, in 2004, from Eisenhower Fellowships. He is also the first of the Harry S. Truman Medal for Economic Policy, presented by the Harry S. Truman Library Institute in 2005. Also in 2005 on December 14th, Greespan received an honorary Doctor of Commercial Science degree by NYU, his fourth degree from that institution. In 2007 he was presented by the University of Virginia, the inaugural Thomas Jefferson Foundation Medal in Citizen Leadership.
Alan Greenspan (/'ael?n '?ri:nspaen/; born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position.
Greenspan came to the Federal Reserve Board from a successful consulting career, holding political views influenced by Ayn Rand. Although he was subdued in his public appearances, favorable media coverage raised his profile to a point that several observers likened him to a "rock star". Democratic leaders of Congress criticized him for politicizing his office because of his support for Social Security privatization and tax cuts that they felt would increase the deficit. The easy-money policies of the Fed during Greenspan's tenure has been suggested to be a leading cause of the subprime mortgage crisis, which occurred within months of his departure from the Fed, and has, said the Wall Street Journal, "tarnished his image".
http://www.getnetworth.com/alan-greenspan-net-worth/

Maybe you need to correct these people about it being all Clinton's fault.


Carl