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Greenspan Denies Blame for Crisis, Admits 'flaw'

Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan denied the nation's economic crisis was his fault on Thursday but conceded the meltdown had revealed a flaw in a lifetime of ec...  
 
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Fuel1 (3 months ago) Show Hide
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It's not incompetance, it's an agenda.

Woken up yet? Didn't think so.
sysopkc (3 months ago) Show Hide
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I dont know why everyone is so suprised, the Federal reserve chairman before him was just as imcompentent. Hell hes WRONG in this this clip!!! Government interference (HIM!) was one of the key reasons the housing market collapsed, manipulation of rates.
MrTabby5000 (3 weeks ago) Show Hide
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Deregulation wall street was the reason the criminals started their crime spree(the sheriff was taken out of wall street),especially those jewish bankers like madoff.

The preditory sub-prime loans was the main cause,not interest rates as much.
sysopkc (3 weeks ago) Show Hide
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Oh i agree with that totally its a huge piece of the pie, the Govt. dismantled every safeguard put in place to prevent this point by point over the years. And the regulators who were left were toothless, or political appointees who were as dumb as rocks! And since you left the jew comment I will say that another problem are the "people" that have been allowed to participate in our system. These are not "our" people. Alot of these people arent Americans or are anti-American in my opinion
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hbsegura (7 months ago) Show Hide
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Search the following terms
Heist-The movie
House of Cards by William Cohan
Noam Chomsky on the Global Economic Crisis Democracy Now Interview
The Battle for Wall Street by Richard Goldberg
William K Black interview by Alex Jones
William K Black Bill Moyers Interview
Meltdown Thomas Woods
Simon Johnson Bill Moyers Interview
pissysteve (8 months ago) Show Hide
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watch?v=vitSBqhWjfc
MickeyMockery09 (9 months ago)
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uturniaphobic (9 months ago) Show Hide
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I heard someone woke him from a nap to tell him sub-prime loans had risen to 20 percent.
literally asleep at the switch
Sure greenspan gave out the easy credit, but who abused it and who did not watch the abusers? No one watched them because this was likely a plan for some to gather a lot of money quickly, before the lights went on...a plan that did not fail.
boosuff (1 year ago) Show Hide
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Federal Reserve is a self serving institution that services the politically connected and elite. They are a criminal organization and need to be ended. Wake up Americans, your future depends on it.

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