Thursday, October 23, 2008

Greenspan Speaks. Why Do People Listen?

Alan Greenspan will tell the House Oversight Committee that "those of us who have looked to the self-interest of lending institutions to protect shareholder's equity (myself especially) are in a state of shocked disbelief."

There are many of us who are not in such a state; in fact, there is no shortage of people who saw this coming. Why then, is anyone listening to this bozo?

As long as those who hold power in this country continue to take advice from the people who got us into this mess, we will not recover. Period.

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