Thursday, October 25, 2007

PBS NewsHour 20070918 Greenspan 1 1of2

Duration: 09:19 minutes
Upload Time: 2007-09-21 07:28:51
User: FrothySnowman
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Description:

Alan Greenspan is interviewed by Jim Lehrer on the his role in the housing bubble, the subprime mortgage meltdown, George W. Bush's tax cuts, and the role of the Fed and the Fed Chairman. Greenspan says unequivocally "We had a bubble in housing" (2:23). He explains his Fed policy of sharply lower interest rates by worldwide economic and social forces, but does not mention their reduction immediately following the burst of the dot-com bubble. Inconsistently, Greenspan says here that he and the Fed tried in 2004 to raise interest rates to put a clamp on the housing boom (4:21), yet in other recent interviews he says "I really didn't get it until very late in 2005 and 2006." [First of a two part interview, 1of2]

Comments

vipdreamjob ::: Favorites
Apparently, the sheeple "BurtonReingold" just sucks up everything this babbling idiot has to say! I guess that is what they are "taught" to believe now in their "economics" class. Oh yippie. This is who will be running the new world order I guess.
07-10-12 02:41:47
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vipdreamjob ::: Favorites
What are they teaching these 20 and 30 year olds in Universities these days? Oh my gosh!! To follow blindly the Federal Reserve?! What a joke!
07-10-12 02:38:57
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vipdreamjob ::: Favorites
Gosh...you are such a sheeple baaaaaaaaaaaaaa baaaaaaaaaaaaaaaaaaaaa.
07-10-12 02:36:50
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vipdreamjob ::: Favorites
Hey bah bah bah....we're NOT sheep!!! WE DON'T NEED "SHEPERDING" dumb-ass greenspans interests are not towards the United States! His interests are in China/India/Phillipines and the SPP/NAU! The sooner he trashed our dollar, the FASTER he implements bushes NWO! FU
07-10-12 02:35:56
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BurtonReingold ::: Favorites
Idiots! Do you know anything about the Feds job in sheperding the economy? Radical sheep, get an educatiuon on the topic before you bah bah bah!
07-10-12 01:10:20
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BurtonReingold ::: Favorites
vipdreamjob moron. You do'nt know anything about the system. This happens over and over; they do'nt know what the hell is going on. They (the Fed) do the absolute best thing possible for the economy. Go ahead and say the opposite if you have aced your economics classes and manage a sucessfull portfollio. I would like to set you strait.
07-10-12 01:07:16
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vipdreamjob ::: Favorites
You wanted to suppress American wages! You are a "GLOBALIST" who has invested your money and interests in other countries such as China/India/Filipines and now SPP Mexico and Canada...... We are on to you....unfortunately, you should have had a lobotomy years ago...before you destroyed our economy!
07-10-06 10:29:27
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vipdreamjob ::: Favorites
Keep babbling greenspan....you're caught! You raised the rates 17 times in three years, during that same time high end jobs were be shipped over seas lowering America wages; and opening the borders allowing MILLIONS of ILLEGALS to suck up all the other jobs suppressing the American wages even further!!!! You're a dick head!
07-10-06 10:29:02
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fuzzywzhe ::: Favorites
Who can stand to listen to this hypocritical lying two faced piece of shit? This asshole is claiming he didn't have any clue there would be a housing bubble because of interest rate cuts. Everybody else did. It was not only just all over the internet, but it was in investment news letters like Dines, Investech, and Harry Schultz. Greenspan is utterly dishonest.
07-10-04 16:43:30
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GinsingSullivan ::: Favorites
Ron Paul 2008!
07-09-30 20:14:57
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