I'm thinking mandatory retirement for Fed chairmen?
And, please, take Andrea Mitchell with you, Bubbles. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
That is an extremely charitable interpretation which buys Greenspan's explanation of why his thesis should be removed from public view. Beyond the embarrassment of the fact that an academic credential was issued for what was, at best, little more than honorary reasons, his thesis clearly shows that he understood real estate bubbles. That would tend to show his professed inability to spot bubbles until they burst for the self-serving crap that it is. He is not one of the elite economists of this country or any other. He is one of the premier PR agents fronting for the gang who have been looting the country's wealth for 30 years. As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
I haven't read his dissertation. Don't need to. He could've rewritten The General Theory, and he'd still be an idiot. Generally speaking, the moment you hear that someone was buddy-buddy with the libertarian movement's chief fascist skank great literary icon, Ayn Rand, you can assume the person hasn't got a clue about economics. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
I think that part of the problem with Obama is that he remains too high minded. Our opponents do not hesitate to throw dirt in the public's eye or our eyes, nor to grab a rock or a broken bottle and use them while those eyes are blinded. The intended audience, for better or worse, expects this and a refusal to employ such tactics in return results in being characterized as an "efite intellectual."
Any true thing that brings Greenspan and the beneficiaries of his actions low and results in his actions being seen for what they are is,IMHO, all to the good. But just getting 60 votes in the Democratic Senate Caucus and a Democrat in the White House will not be enough. Even should that happen, they will have to be convinced to redeem their souls and reform campaign finance in such a way that they are beholden to the voters, not to wealthy donors. Else there victory will only be a brief respite in the ongoing dissolution of the Constitution and popularly elected representative government.
Equally important is the discrediting of the motives and the ideology that has underpinned the entire neo-con movement since the late 60s. Given the inherently socially conservative mindset of so many US citizens that ideology, if not discredited, remains a ticking bomb awaiting the appropriate time to detonate for effect.
Electing Obama and more Democratic Senators is necessary, but far from sufficient. As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
