Thursday, Oct 23, 2008
That's big of you Al
CNBC: Greenspan: I Was 'Partially' Wrong On Credit Crisis
Former Federal Reserve Chairman Alan Greenspan told Congress on Thursday he is "shocked" at the breakdown in U.S. credit markets and said he was "partially" wrong to resist regulation of some securities.
Posted by alan @ 09:17 PM (767 views) Add Comment
22 Comments
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1. planning4acrash said...
Ron Paul campaignforliberty.com actively called for his arrest on the Alex Jones show. Prisonplanet.tv
2. nickolarge said...
"Partially wrong"
Isn't that like being a little bit pregnant?
3. Bertywooster said...
Just a tad.
4. renting2 said...
Good one nickolarge!
5. japanese uncle said...
If Greenspan did that at his will, he is of course guilty. But in reality he must have acted just as instructed. So whoever was at the helm of the FRB, things must have developed exactly the same way.
6. harold said...
The maestro won't face the music.
7. plato said...
What kind of creature is this Greenspan who sold his soul?
8. icarus said...
plato - you should re-visit your theory of the soul and your arguments with the Sophists, who always found loopholes to enable people to swerve their moral obligations, then you should have a real go at Greenspan. The man's writings in the '70s showed him to be aware of the dangers of the kinds of policies the Fed pursued under his chairmanship. As JU says, and as you imply, he was probably serving his masters, who made the decision to use the dollar's reserve currency status to let go of any restraint, to live off the rest of the world and to enrich the bankers in the process.
9. planning4acrash said...
Nope. USA, after being used to bring third world into the World Bank dollar debt system, it had to be bought down after achievement to bring forth Orwell's tri-polar world under United Nation's governance.
10. icarus said...
"Nope"? What I've described has actually happened.
11. planning4acrash said...
Greenspan did 2 America what American's shadow govt did 2 ALL third world countries since WW2 after Wall St funded both world wars to bring about the League of Nations, then the United Nations. Obama is CFR. They are committed 2 a North American Union!
12. renting2 said...
I thought he was fervently hoping for a looming depression to prove he had the skill and knowledge to avert one.
13. planning4acrash said...
Listen to Allan Watt's podcasts on cuttingthroughthematrix.com for more info on that dark agenda. The real history of the 20th Century, that continues to this day.
14. planning4acrash said...
But now, with the tripolar world coming into view, they are already discussing harmonizing north america and the EU.
15. planning4acrash said...
I fear that a world war3 is planned to achieve the UN's stated population reduction policies and to bring them forth as the open dictatorial world government, practicing governance, not democracy, or constitutional republicanism.
16. icarus said...
Whoa there. Forget about who started WWs and why, forget about plans for the future. Which part of my post @ 8 gets a "nope"? Be specific this time.
17. japanese uncle said...
'If these shadows remain unaltered by the Future none other of my race' return the Ghost, 'will find him here. What then? If he be like to die, he had better do it, and decrease surplus population.' Scrooge hung his head to hear his own words quoted by the Spirit, and was overcome with penitence abd grief.
'Man,' said the Ghost, 'if man you be in heart, not adamant, forbear that wicked cant until you have discovered what the surplus is, and where it is. Will you decide what men shall live, what men shall die? It may be that, in the sight of Heaven, you are more worthless and less fit to live than millions like this poor man's child. O God! to hear the insect on the leaf pronouncing on the too much life among his hungry brothers in the dust.
18. str 2007 said...
P4AC
Shouldn't you have been somewhere else tonight ?
19. planning4acrash said...
Icarus. The wealth was payoffs for those who worked the system. The real agenda is control. And the controllers care about real assets, not money.
20. quiet guy said...
@P4AC
"they are already discussing harmonizing north america and the EU."
That's a new one for me. Any chance of a URL?
21. malct said...
quiet guy - That's a new one for me. Any chance of a URL?
me to - but it would be logical
a quick look about dug up this rather large piece of background info and opinion which includes some amazing stuff on the EU of which I was not aware.
The EU and the NAU ~ Two Peas In A Pod!
By Daneen G. Peterson, Ph.D.
May 20, 2007
Latest Update July 27, 2008
including this which might be a joke ?
How the EU Carved Up Britain To Eliminate Their Sovereignty
David Noakes a Brit and avid anti-EU activist laments: "Behind our backs the EU has divided up Britain into 5 regions that overlay the 12 already established. They are called Transnational regions, often referred to as cross-border. The plan is to unite us with areas on the Continent, ignoring the seas in between, and to render each side identical to eliminate all feelings of national loyalties. During Germany’s EU Presidency, starting in January [20]07, cartographers will begin to “harmonise” all “spatial data” such as place names of areas, regions, localities, cities, suburbs, towns or settlements etc. A current EU directive proposes a database for an EU wide property tax via the Valuation Office Agency, to levy Council and Inheritance Taxes."(3)
"ArcManche - First to be established in the South East Prominent is the South East that has an Arc Manche Region which sprawls across west Belgium, Northern France, Nantes, etc. linking Plymouth, Bristol, London and Dover. All within that area now live in the Arc Manche Region of Europe. Paris is its Capital; it has a Regional Assembly a Secretariat, a French President M. Alain le Vern (elected on the 17th Oct [20]06) and an English Vice Chairman Brad Watson OBE."(3)
It would seem that France has just annexed Britain since Paris will be the capital and the 'Arc Manche' is headed by a Frenchman. Thus France has taken over British sovereign soil with the stroke of a pen. It is a feat that used to be accomplished only by war. Don't you wonder how the Brits feel about the 'peaceful' takeover of their sovereign land that many died to preserve for the British people, only to see it handed over to the French?
now there's weird
http://www.stopthenorthamericanunion.com/TwoPeas.html
22. Chilli said...
Orwell's distopia is impossible considering how many resource it takes to govern such a totalitarian regime. Its also why the socialists failed.
p4c is right in that money is not the aim, the aim is what is really valuable. The meaning of money can be manipulated to such an extent that it becomes a side issue. Who cares if there is a housing crash, after all, if you own your house outright and you are living in it??
Have to admit, it would have taken guts for this guy to admit this a while ago; right now his apology is rather obvious and is his only recourse really.