Alan Greenspan still plays the part of the sage. My choice of words is not accidental. The man soaked up the ridiculous assertions that he was somehow this learned Master of All Things Economic. He took to the stage, briefcase (or should I say prop) in hand and spewed the nebulous rhetoric of economics as if he were some type of modern day “oracle”. Now we know that nothing could have been further from the truth. The man was a reckless steward of what is now a credit crisis that has brought the economy to the brink, and yet still he speaks.  Still true to form he seems to accept none of the blame keeping himself somehow above it all and instead tossing the current Fed and the banks under the bus. The sage was in fact a blind old man and even so we continue to listen.

What does this old fool have to say now?  He says that the housing market is nowhere near the bottom.  Great, promote the fearful mindset that has beset the economy when YOUR EVERY SOLUTION FOR THE ECONOMY WAS TO GET PEOPLE SPENDING!  Worse still, this disciple of Rand is looking for Fannie and Freddie to be NATIONALIZED!  Say what?!  It’s as if you’re seeking to perpetuate the ruination YOU STARTED.  There is but one entity that exists and poses a greater likelihood of damning us to ruination than you yourself and that is the US Government.  Bravo!  A heck of a suggestion Al.

Alan Greenspan, you have finally tipped the scales from incomptence to out and out idiocy.  You are the architect of this national tragedy.  Families being tossed onto the street should look right to the top as they ponder how or why… it was your POLICIES, YOUR NEED TO BAIL OUT WALL STREET AND THE DOTCOMS and to secure your legacy that brought about this credit craziness.

Bow your head and try to stay silent,  Alan.  You’ve done enough damage, no need for you to CONTINUE, in your dotage,  to wreak your havoc.    Kindly do us all a favor and dodder on into obscurity.

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