greenspan cautiously forecasts economic future

[gebby009]

2007 is now 2011. interest rates going up? crisis over? Inflation... yes to some extent... not much.. yet?

[winny778]

Wonng about everything, Mr Greenspan. What a peice of garbage this guy is. Whne he drops dead the first thing mentioned will be his incompetence and what it did to the world economy.

Shame on you, you sick old man!

[AryanKnight]

-What'th, -why isn't this criminal Bank'ster Greenspan in prison for his committing egregious Fraud upon the people of n.America, as an agent of the subversive jewZionist Rothschild/Rockefeller-mobster­­s which have hyjacked the Treasuries of all major nations. Seems about time our worthless usMilitary stand-up like men and go after these so-called FederalReserve & IRS criminal-agents of the warmongering Rothschild/Rockefeller-regime which is so terribly devastating people everywhere...!!!

[dazzagazza6969]

These guys like Greenspan, Bernanke, Geithner are suppose to be clever guys. Which means they are most likely corrupt liars who work for private business and do not have the countries best interest at heart.

[castingtherunes]

Filthy kike. I mean, he got straight As on all his math tests of course and reads Hebrew. Greedy jew.

[castingtherunes]

Filthy kike.

[forgiven61]

The problem is him and those like him.

[ZionIDF]

Greenspan was the Master, a real genius only trailer Nazi's and Muslims hate this man cause they their I.Q is to low to recognize a genius when they see one, oh and he is Jewish of course.

[J1NX1337]

"Well, first of all the Federal Reserve is an independent agency, and that means basically that there is no other agency of government which can overrule actions that we take" - Alan Greenspan

[orangedac]

Keynesian economics is nothing more than a money printing racket.

[bpknapp63]

greenspan is a fraud and a lier. As Michael Lewis clearly outlines in his book, "The Big Short," greenspan "either willfully or ignorantly aided and abetted" the massive boom and ensuing housing bust of '08.

I could say more but don't have the space. But what is most important to say is:

To alan greenspan, robert rubin, and sandy weil: FUCK YOU!

It's that simple. If anyone disagrees, your wrong. Period.

[trokoma]

that man and all other like him forgot that we do not live forever. and i am anxious and really dreadful that i call upon those who can to please kill and shut them up forever.

[triumphelf]

Greenspan already, admitted in many,many Interviews that NO Government or President can Investigate or Audit the FED!!The Fed is Above the LAW ,and Greenspan is Extrememy Rich..

[arasta9999]

he will make a statement the moment before he croaks that he joined forces with evil and helped to manipulate our economy for the worse.

[Brockashock]

im scared with the size of this stimulus package, and the ability of the government to spend that amount of money. Adam Smith would probably assainated Obama. Keyneian economics doesn't work well enough to invest such a large sum of money. if the government wants to help it can lower the capital gains tax and invest more money in small business.

[Xaravingian]

Keyneian has one major flaw in it... it was implemented at the same time as a WAR. The reason why the economy picked up was because everyone was making tanks, bombs & uniforms.

Historically, you cannot contribute ONE economic explosion / recovery to this economic ideology. Keyneian economics is a LIE.

[Yourdeadmeat69]

Nothing wrong with lowering irates, if you COORDINATE with agency's responsible for responsible lending, namely Congress which pulled all the requirements from underwriting (validating ability to pay) from loans under the Barney Frank Chris Dodd referendum, everybody should have a house as a "benefit" rather than earned as a result of loans based on Good Credit and a job. Greenspan, asked if he bothered to account for this in his part of this PONZI scheme, said "no my job."

Rest is history.

[nobster3]

Yeah - end the FED You do fraudulant deals - you should go to jail ! Why congress lets you get away unacountable - Jah only knows !!

[perfectsage]

Strap the old turd into his restraining chair in the nursing home and tell him to stfu.

The old turd is responsilble through his negative interest policy in 2002/2003 of creating an even bigger debt/gdp ratio than 1929.

[Dogsw00f]

I'm pretty sure this despicable, sub-human piece of godless flesh is wealthy beyond anyone's imagination; and now he gets to bail in a golden parachute, and get even wealthier when a billion idiots buy the goddamned book in which he describes how he fucked us all. Only in america.

[v1ryus]

Scape goating at it's best here folks! Nothing else to see! Move along move along!

[faszika]

sell your car dont own tv and mobile phones, tell your frends and family to do the same, every day all year.

[mizzjanky]

Allen Greenspan out of government lmao? What government position did he hold?!The Federal Reserve is a private BANK which is in fact above government but that's another story for another day!

[magichandpuppet]

yes, mr. greenspan... thanks for causing the country's "gloom" for your own personal benefit... you bastard. End the Fed!

[KhmerD0g]

shit greenspan mother fucker causing credit mess right now.

[cooldude91801]

Uncle Al is a bitch of Dick and Bush. He know what he was doing. He was saving his own legacy by creating bubble after bubble and leave the mess for Bernanke to clean up.

[xsilentrainx]

JEW!! kill him!! FUCKING JEWISH BANKING PIECE OF SHIT!!

[devigne]

"looks pretty gloomy" -vindicated-

[rcpmac]

"We will get through this crunch... we always do."

He looks old enough to remember 1929.

[PatMcGroinU]

The Age of Turbulence smells like S@$&.

[Yourdeadmeat69]

Greenspan works for PIMCO, which made its fortune shorting American mortgage makers.

STOP listening to Greenspan, and his new masters who have an agenda of their own.

Subprimers suffer, but alt A's and A's mortgage makers are underwater, because of this guy.

ATTENTION to the fraud back then is all we asked of this guy, he didn't have to fix anything. Lowering irates and then strangling the economy with irate pops, turned us into trash.

IGNORE him. He drops markets like a stone.

[v1ryus]

Yeah let's listen to your zeitgeist bullshit in replacing Greenspan! WOO!

/end sarcasm

The only reason why people are blaming him is because they don't want to blame themselves for overindulgence. BREATHE IN THE RESPONSIBILITY AIR BITCHES!

[Yourdeadmeat69]

Sorry, when the guy touts being a one note samba with one interest rate to change, up or down, he might have time to check with bank oversight folks to see if the lending business supports honest real estate deals, or the hell we're in now.

"Who'da thunk banks wouldn't lend in self interest". Obviously not Clinton, Frank, Dodd, or Bush's crony's that basked in the real estate free for all.

We'd done better with Peter Schiff.

[JohnR22926]

IMO we're going through a normal cyclical downturn. However, the hype is waaaay ott because:

-record oil prices exacerbated by a weak dollar (because of our excessive national debt).

-The mortgage crisis is something fundamentally new, and we're nervous because we haven't dealt with this before.

-The media have gone beserk playing Chicken Little to get Obama elected.

We MUST elect a fiscal moderate. If we do,

I'm convinced everything will be fine in 5-10 yrs.

[v1ryus]

WE NEED CLINTON!

[JohnR22926]

v1ryus: Well, maybe so. I didn't like him at the time, but looking back he was pretty good (if you can forget about Lewinsky and the pardons he sold at the end of his 2nd term).

I sure hope Obama has studied the Clinton years and learned from them. So far, so good. He's clearly refused to retreat into protectionism (despite all the campaign rhetoric about renogotiating nafta, and the Dem's push to put a "buy american" clause in the stimulus bill).

Now...if he can just keep taxes low...

[rjamesgoebel]

I can't stand you Ron Paul idiots who haven't a clue about finance but yet try to influence minds in the trenches. Go get a job.

[iamsilverback]

LOL What a douchebag.

[HaoSci]

Greenspan is flat wrong. There are many significant problems in our economy. Inflation is just one more them.

[theonlyrealMugsy]

this man said nothing and hedged his bets on every question.

He said nothing of really important issues.

He's in private secular practice because he sees something in the distance that he's telling no one about.

[d3adpixel]

video starts with "Greenspan is out of government for the first time in 20 years."

LIE! What about his time as chairman of the Federal Reserve, a PRIVATELY OWNED CENTRAL BANK THAT IS NOT PART OF THE GOVERNMENT?

[texanhoustonguy]

It appears Mr. G got the short-term forecast incorrect as we have since learned that the losses weren't contained to subprime mortgages. Now we teeter on recession. His book is fantastic though, please read it.

[dirtyshortsPU]

Yes he does!!!

[BurtonReingold]

Greenspan rules!

[GinsingSullivan]

End the inflation tax. Vote in the Primaries. Ron Paul for President in 2008!

[youngseandunn]

Ron Paul can stop inflation about as effectively as he can stop the tide. There has never been a sustained inflation rate of 0 in the history of money, fiat, gold or otherwise.

[chuckerchucker]

You can still stop just printing off money to pay off debt (i.e. radically reduce government spending). I'm not a big Ron Paul person, but he seems to have far and away the best line on the markets and the federal reserve.

[1337cshacker]

Wrong. You don't even know what inflation is it sounds like. You can't, CANNOT (in a stable money system) print TWO notes for 1 Gold. Doing so though IS inflating. Its a technique for a SILENT TAX, that does not hurt the rich much at all, but poor suffers allot. If Ron is elected, he will destroy fed, and irs, REPLACE WITH NOTHING, and go back to the old, STABLE, system. If you can't see the fed reserve has come in and ENDED a great money system post 1913 and ended freedom, shame on you sir.

[1337cshacker]

You want 100% of your check? VOTE RON. And STFU with the "tax returns", that is BULLSHIT, because inflation was smaller than when you put in and is now greater when they pay back, so yes, say, you put in 300, and actually got all 300 back, but 300 is not WORTH 300 anymore, so, ITS ROBBING. ITS A FUCKING CRIME. END THEM, SCREW GREENSPAN GO BURN!

[mujeebyzai]

OIL already $84. Inflation is back.