TYT: How Greenspan's Ideas Ruined the Economy

[ihavenobias]

Run time: 03:55 https://www.youtube.com/watch?v=QG5ag1BmB1A   Posted on YouTube: February 20, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: February 21, 2009 By DU Member: ihavenobias Views on DU: 2114

 
The , , , and Sam Stein of the Huffington Post () featured articles on how . As you can see, Cenk DOMINATED in these two industry polls asking who should get the MSNBC 10pm slot: and this .

Also, Check Out These 5 Clips You May Have Missed:

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PS---Hopefully you already joined the (and invited your FB friends to join). Now you can and then send an email to [e-mail] and let them know you want Cenk for the 10pm slot. And obviously you can use the article links to leave a positive comment in favor of TYT.

[bulloney]

1. 'Bout time this political hack gets his just due.

His solution to everything was lowering interest rates. Inflation heating up? Lower interest rates. National debt going up? Lower interest rates.

The policies of the Fed under his watch promoted this crazy debt-riddled mess that's gotten us into the mess we're in.

The fallacy of the "free market" ideology is that there is more collusion and less competition among the stakeholders in the banking markets because of the concentration of the banking market. Few stakeholders = less competition.

[L. Coyote]

2. BUSH tax cuts to the rich destoyed the economy!!

[ihavenobias]

4. This segment on the show was much longer and more detailed. In it, Cenk gives the 6 things

that destroyed the economy, per Joseph Stiglitz.

I don't remember what number it was (3 or 4 I think), but Tax Cuts were on the list. Hopefully it ends up on youtube tomorrow or Monday, but we'll see.

[L. Coyote]

12. Tax cuts need to be incentivized to invetment in the economy!! Same mistake by Obama!!!

[antimatter98]

3. Greenspan needs to be jailed, preferably Gitmo for financial terrorism.

Had you or I caused this crash, we'd be in jail. Greenspan, Rubin, Phil Graham, all
pushed legislation that resulted in massive decontrol/deregulation of the financial
industry; they should be cited under the Patriot Act and jailed, in my view.

[LaPera]

15. My feelings...absolute....

[pleah]

5. "How did they not see this?" Oh, they saw it.

That is why they didn't want regulations. This was outright theft in my opinion. These bastards need to be in jail.

[madamesilverspurs]

6. Greenspan

should have been red-flagged way back when he vetted Keating and found him to be "okay."

[Seldona]

7. K&R

Greenspan is such a rube.

[20score]

8. I've been arguing against "The market will fix all" mentality for 20 years. Now the propaganda

gobblers are shocked that the market did not fix all.

[20score]

9. Oh, and to the greatest.

[OhioChick]

10. K&R

:kick:

[burythehatchet]

11. AND only in a banana republic does his wife get to play a tv sage

[ihavenobias]

13. That sounds familiar

but I'm not exactly sure what you're referring to?

[burythehatchet]

14. ANdrea Mitchell (Mrs Greenspan)

[rucky]

16. Ever see CNBC's "House of Cards"?

Greenspan is on there looking like a total idiot, admitting on camera that he did not understand CDO's - the wording of the agreement, how they're packaged and how they were rated by the agencies.

[disndat]

17. Greenspan and Bush

wanted to create a Banana Republic style government. Greenspan wasn't that all unknowing of the consequences of his policies. He is a disciple of Ayn Rand's philosophy, once aptly described as, "Pull up the gangplank, I'm abroad, a attitude of total disdain for the small people to be exploited in any way so to enrich and empower themselves.

[rucky]

18. Oh yeah - pleading ignorance is somehow more forgivable. They do it all the time.

and there are enough suckers out there who do forgive 'em for it.