Greenspan: No regrets; U.S. in recession

[unblock]

Source: Reuters

WASHINGTON (Reuters) - Former Federal Reserve Chairman Alan Greenspan said on Tuesday he has no regrets about his decisions as head of the central bank and said the U.S. economy is already in recession, although it is hard to say how deep or severe it will be.

"We are in the throes of a recession," he said in an interview on CNBC cable business news network.


Read more: http://www.reuters.com/article/businessNews/idUSWBT00871920080408?feedType=nl&feedName=usdai

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kinda says it all, doesn't it?

thanks bunches, greeny.

[fascisthunter]

1. He'd Care if We the People Confiscated All His Wealth

and threw his fascist ass in jail.

[rurallib]

4. It is pleasant dreams like this that help me get through it.

[fascisthunter]

12. I DO Think The Country is Headed for Hard Times

and those hard times will probably make that dream possible. I'm pretty damn sure of it....

[polpilot]

19. Confiscate wealth v. inflate currency to the moon. Let's flip a coin.

[fascisthunter]

20. not sure I understand What You are Saying

[Pale Blue Dot]

2. Greenspan 2 DAYS AGO: More than 50 percent chance of U.S. recession

http://www.reuters.com/article/newsOne/idUSL0630907620080406

MADRID (Reuters) - There is more than a 50 percent chance the United States could go into recession, former Federal Reserve chairman Alan Greenspan told El Pais newspaper in an interview published on Sunday.

However, the U.S. has not yet entered recessionary state marked by sharp falls in orders, strong rises in unemployment and intensive weakening of the economy, he said.












This is becoming sickening.

[mikeytherat]

5. Apparently, a lot happened yesterday.

I mean, we went from a 50% probability of a recession on Sunday, to being " in the throes of a recession" on Tuesday.

??? Worst. Monday. Ever. ???

:crazy:

mikey_the_rat

[superconnected]

3. at least he admits we're in recession, even though like all bush admin

members(former included), he takes no responsibility what-so-ever(The hallmark of incompetence).

[TomClash]

6. "We are in the throes of a recession"

And tonight it will be dark - with scattered light towards morning.

[Phred42]

7. His JOB was to throw the US into Recession and Depression if possible.

Mission Accomplished

Nothing Personal - it's just business


These people should be in jail and their property confiscated.

[SpiralHawk]

8. "Hell, I've got mine. Too bad about you little people. Sneer." - Greeenie (R)

"This is the WAY of the republicon homelanders. So you little people can just shut up and sit down."

- Greenie (R)

[llmart]

16. What an ugly, mean, little man he is.......

Self-centered and arrogant too.

[acmavm]

9. Arrogant bastard.

[Homer12]

10. A tleast all millionares will be able to eat.

let the pig rot in dementia!

[shonester]

11. greenspan

he does sound a little bit pompous

[Olney Blue]

13. I'll bet Bernanke wishes Greenspan would STFU.

[unblock]

14. don't we all!

[Olney Blue]

15. LOL. Good point.

[roamer65]

17. Thanks for all the stagflation, Greenspan.

You goddamn son of a bitch.

[bluesmail]

18. it's a 'too little too late' moment

He's known. He's known AND didn't warn the American people. Just kept accepting what Cheney/Bush told him to say, the guy is reprehensible and he's unrepentant. I doubt he ALONE could've prevented this economic disaster, but it couldn't have hurt.

[ToughLuck]

21. So how will Andrea Mitchell continue to spin this crap?