Greenspan Admits Philisophical Error in "The Warning"

[VirtuosicElevator]

greenspan did not follow what Rand said. she would puke if she saw what he has done. He is the complete opposite. The fed IS GOVERNMENT CONTROL. don't get mad at the deregulators because he is most definitely not one...

[SimpleManY2X]

jewish whore and jewish bastard ruined the world

[hotwelder2010]

Greenspan and his band of deregulating demons are the biggest culprits in this meltdown

[imspartacus81612]

@hotwelder2010 what a joke. Fannie and Freddie were the most "regulated" companies in history. How'd they fare? And what is their level of culpability in this meltdown?

[JayGatsbyOdysseus]

.......Revolution where the Boshevicks took all the Russians property, including Ayn Rands. Karl Marx was Jewish. However, so was Ayn Rand. So, you see on each extreme of political thought, far right conservative Ayn Rand or far left liberal Karl Marx, you have a Jewish writer. This cancels out and uniform, cohesive Jewish take over of property. Such thinking is Hitleresque. What is important to understand is the two thoughts, capitalism and socialism. The must be a sythesis in these

[JayGatsbyOdysseus]

Oh, and Ayn Rand was not a libertarian. She was an ultra conservative. Her families wealth was taken by the Bolshvicks in Saint Petersburg, Russia duing the 1919 revolution. She somehow made her way to the USA and spent the rest of her life advocating a "pure" economy, which is impossible. As for the radical comment below about Jews taking the property of Russia then to take the property of Europe and the USA, this is a reference to Karl Marx whose thinking was instrumental in the Boshevick

[CmshnrBlu]

@JayGatsbyOdysseus I am entirely unconvinced in your argument that ayn rand was not a libertarian. She completely advocates the libertarian viewpoint, and constructs archetypes around this paradigm

[JayGatsbyOdysseus]

Allen Greenspan wanted two mutually exclusive entities, the economy and the govenment. This is just not possible. It is also not possible to have the economy and the govenment to be one. The Soviets finally figured this out in 1989. There must be a mixture, a Venn diagram. See Scandanavia. These countries have figured it out. In the full documentary, Greenspan goes as far to say that he does not worry about fraud.

[MsMihailescu]

We have exterminated the property owners in Russia. We are going to do the same thing in Europe and America."

(The Jew, December 1925, Zinobit)

Read this book for free on internet,,jews have prepare blood shed,suffering and destruction for you.

Who Is Esau-Edom...Who Is Esau-Edom..

[pataphysician66]

@MsMihailescu You make me want to vomit.

[go4gopher]

Shame on Greenspan for compulsion to the state! The bankers sold arbitraged the transfer of risk to bankers of inferior talent - that is their job. Have worked on the desk of fund management teams that laughed these bankers out of their offices; I can say that this is merely the survival of the fittest - a sort of social darwinism where by the weak are purged from their over-qualified positions! With any luck, this administration will be next.

[greenghost2008]

The second the video called ayn rand a libertarian i automatically knew this video would be full of bullshit

[10revver01]

I'm not hearing detriments of the free market, I'm hearing detriments of behind the scenes manipulation and coercion. That the head of the central bank (not a free market system) is at the forefront of this debauchery is not surprising as central control and planning always leads to the power axiom (power tends to corrupt). Ayn Rand is rolling in her grave over this one prized student. Not because her philosophy is wrong but because Greenspan disregarded it proving her absolutely correct!

[GnomesAmok]

@10revver01

Why think manipulation happens? No one to keep the thieves in check.

[10revver01]

@GnomesAmok Exactly. The largest corporation in this country is a monopoly called the Federal Reserve, Inc. The primary reason that wealth has consolidated to the top 1% is that the top 1% control the money supply. This group is private and in no way transparent to the taxpayer who is liable for its payments. The proper way to disperse wealth equitably in a free and democratic society is to create a democratic banking structure. Competing currencies is that start of this revolution!

[GnomesAmok]

@10revver01

False. The top 1% do not control the money supply, they control the marketplace. "Competing currencies" is the most hilariously stupid thing Ive ever heard of it. The largest corporation is called the Federal Reserve.. totally false. The Federal Reserve made up of multiple companies. I thought you people hated nationalization, yet you complain about the fact that the central banks are run by corporations? Your revolution is a joke. Its not even a revolution, its a devolution.

[TheIglooOven]

Free market is an ideal but when you give that kind of freedom to conniving swindlers, that kind of a market has been wrecked. I sometimes wonder if a monetary model of economy is outdated. It may have pushed us and driven the industrial revolution (with some exploitation) but now the state of the financial world seems to have put a halt on forward progress on medicine, transportation, energy. Because money is needed to make that happen and acts as a barrier between the resources and the action.

[BlacksAreBeautiful]

A free market system can only work if everyone in the game is playing with morals and integrity. Free markets can't and won't shield itself from fraud. Austrian economists NEVER deal with the issue of fraud and deceit!

[sethar1]

Head of the Options Watchdog agency Brooksley Born was stopped by rubin and Greenspan when she tried to investigate derivatives in 1996. They freaked out when she started the investigation and got Congress to take away her investigative powers. Greenspan's Mantra "there is no such thing as Fraud"

[robb1031]

One man's Free Market Laissez-faire Fantasies fucked this country in the ass. The Libertarian Philosophy is severally flawed

Historically, a fully free market has never existed. Most free market economies are mixed.

The closest thing to free markets? Haiti, Somalia, Zimbabwe. Sorry. but I do not want to live like that.

[stickitupyourasteric]

@robb1031 So your saying that the most corrupt dictatorship countries on earth have absolute free markets as the citizens, if I can use that word, are devoit of all LIBERTIES. OK, Maybe your point is that as they are swindled out of every right such as free speech and property all they have is the selling of chickens and bread to each other. Am I following you correctly OR AM I WAY OFF BASE