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 Greenspan, Alan - Fed Reserve Chmn 2 Decades, He is partly responsible 4 econ crisis
jofortruth
Posted: Jan 15 2008, 08:52 PM


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QUOTE
Alan Greenspan keeps on cashing in. The former Fed chief is joining hedge fund Paulson & Co. as an adviser. The move, which comes on the same day that Merrill Lynch (MER) and Citi © raise some $21 billion in new capital to offset losses tied to the collapse of the housing bubble, puts Greenspan on the advisory board of the firm that has been among the biggest winners in betting against subprime mortgage-related securities.



IF THIS DOESN'T MAKE YOU QUESTION GREENSPAN'S INTEGRITY, THEN NONE OF THE OTHER THINGS HE DID AS FEDERAL RESERVE CHAIRMAN FOR 2 DECADES WILL EITHER (e.g. lowering rates so low and for so long that it helped created the current bubble).

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jofortruth
Posted: Jan 15 2008, 08:55 PM


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Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy
http://www.amazon.com/Greenspans-Fraud-Dec...00444783&sr=8-1

Review by: Acute Observer (Jersey Shore) (See rest on website)

QUOTE
    
Ravi Batra is a Professor of Economics at SMU Dallas TX. This very readable book is partly about Greenspan's career in government, and politics, but mostly about the economic policies of the last three decades. Batra explains how the Federal Reserve has impoverished most Americans to enrich the wealthy, and attacked the middle class to benefit Big Business.
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jofortruth
Posted: Jan 15 2008, 08:58 PM


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Alan Greenspan: The Fraud:
http://www.alternet.org/story/63055/


Greenspan's testimony endorsing the Bush tax cuts was extremely influential but now he wants to run away from it.
http://www.federalreserve.gov/boarddocs/te...125/default.htm


Bob Woodward Called him the Maestro:(Is Woodward another gatekeeper?)
http://www.amazon.com/Maestro-Greenspans-F...m/dp/0743204123

QUOTE
Wall Street loved the Chairman best because the traders and bankers knew he was always on their side and would come to their rescue.
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jofortruth
Posted: Jan 20 2008, 01:27 PM


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Finance Articles by Bill Fleckenstein - MSN Money Central:
http://articles.moneycentral.msn.com/Comme...eckenstein.aspx

How Greenspan's policies hurt you
http://articles.moneycentral.msn.com/Inves...iesHurtYou.aspx

The blood on Greenspan's hands
http://articles.moneycentral.msn.com/Inves...spansHands.aspx

We've run out of bubbles
http://articles.moneycentral.msn.com/Inves...tOfBubbles.aspx

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The Fed Sees Bubbles, and Keeps Them Secret:
http://moneycentral.msn.com/content/P108996.asp

See more on this article here:
http://z4.invisionfree.com/The_Great_Decep...topic=3841&st=0
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jofortruth
Posted: Oct 23 2008, 10:26 AM


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Greenspan: It's a 'credit tsunami'
http://money.cnn.com/2008/10/23/news/econo...sion=2008102309


Yeah, that you helped create! Why does ANYONE still trust this man?

I saw a large ad in the newspaper announcing him speaking at a conference in Canada. So, is Canada going to listen to one of the very men who caused the problem in America? OH GREAT! Now that's a good advisor.
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jofortruth
Posted: Oct 23 2008, 04:03 PM


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Greenspan admits ‘mistake’ that helped crisis
http://www.msnbc.msn.com/id/27335454/


He's still not telling the truth. Everything about his actions prove he knew exactly what he was doing. The only reason he is saying this now, is that we know and he's having to admit something.
rolleyes.gif

Video:
http://www.msnbc.msn.com/id/21134540/vp/27342682#27342682



THIS IS WHAT I CALL A SOFTBALL INTERROGATION BY WAXMAN. DID YOU NOTICE THE LEADING QUESTION FROM WAXMAN "YOU FOUND YOUR VIEW OF THE WORLD, YOUR IDEOLOGY WAS WRONG"? I MADE A MISTAKE IS NOT ACCEPTABLE. HE KNEW EXACTLY WHAT HE WAS DOING BECAUSE HE AND HIS FED BUDDIES HAVE HAD AN AGENDA FOR MANY YEARS. IN FACT, WE ARE NOW SEEING THIS AGENDA BEING PLAYED OUT! IT'S EXACTLY WHAT THEY HAVE WANTED: A ONE WORLD BANKING SYSTEM WHERE THEY'RE IN CONTROL! angry.gif
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jofortruth
Posted: Oct 27 2008, 11:46 AM


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Ron Paul Talks about Alan Greenspan and his Testimony where he is pretending to be so innocent and not partly responsible for the economic mess we're in. He and his Fed Reserve buddies are VERY RESPONSIBLE for what is now happening! rolleyes.gif







IN FACT, WE SHOULD GET RID OF HE PRIVATE FEDERAL RESERVE. THEY ARE NOT LOYAL TO THIS COUNTRY, AND WERE CREATED ONLY FOR DECEIT, WHICH WE'RE NOW SEEING! angry.gif
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jofortruth
Posted: Oct 27 2008, 11:57 AM


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Alan Greenspan: "Shocked Over Credit Tsunami" Oct. 23
http://www.wowowow.com/post/greenspan-shru...l-crisis-128286

QUOTE
Committee Chairman Harry Waxman (D-CA), in a heated exchange told the former Fed Chairman that he had "the authority to prevent irresponsible lending practices that led to the subprime mortgage crisis. You were advised to do so by many others, and now our whole economy is paying the price.”



I'm not a big fan of Henry Waxman either, because he and his committee interview people continually, but NOT A ONE HAS BEEN LOCKED UP FOR THEIR ACTIONS. UNTIL I SEE THIS HAPPENING, A LOT OF WHAT WE ARE SEEING ON THIS COMMITTEE IS JUST A SMOKE SCREEN, IMO.

THAT SAID, HE IS RIGHT IN THIS COMMENT, AND GREENSPAN NEEDS TO START BEING A MAN AND OWN UP TO HIS PART IN OUR ECONOMIC CRISIS.

IF WAXMAN REALLY WANTED TO GET TO THE BOTTOM OF THIS, HE WOULD BE DOING SOMETHING ABOUT THE FEDERAL RESERVE, LIKE RECOMMENDING IT BE SHUT DOWN. UNTIL I SEE THIS, WAXMAN HAS NO INTEGRITY ON THIS ISSUE EITHER.


http://www.youtube.com/watch?v=8oLHfKjiQew




PATHETIC LEADERSHIP, COMPROMISED CONGRESSMEN, AND INTRUSION OF UNELECTED ELITES ALL HAVE CREATED THIS CATASTROPHE.

IT'S BEYOND TIME TO BOOT THEM ALL OUT OF OUR SYSTEM, AND LOCK THEM UP FOR LIFE FOR THEIR CRIMES AGAINST AMERICA AND THE WORLD. THEY MAY BE CLEVER, BUT THEY HAVE NO INTEGRITY OR LOYALTY TO ANYTHING BUT THEMSELVES. FOR THAT REASON, THEY ARE ALL DISGRACEFUL HUMAN BEINGS!
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jofortruth
Posted: Oct 27 2008, 12:01 PM


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GREENSPAN NEVER TRULY ADMITS HIS GUILT IN ALL OF THIS.
http://www.youtube.com/watch?v=55-A1-D3MR0&feature=related




HE IS THE LONGEST SERVING FED CHAIRMAN IN HISTORY. THERE IS NO WAY HE IS BEING HONEST. HE WAS RESPONSIBLE, AND NO MANNER OF TWISTING WORDS IN THIS INTERVIEW WILL ABSOLVE HIM. HIS LEGACY IS ALSO TOAST, AND RIGHTLY SO!
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jofortruth
Posted: Oct 27 2008, 12:07 PM


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WE MUST DO AWAY WITH THE PRIVATE FEDERAL RESERVE. IF WE DIDN'T HAVE THIS PRIVATE BANKER'S CABAL, WE WOULDN'T BE AT THE POINT WE ARE NOW. THEY ARE DISHONEST AND SELF-SERVING, AND THEY ONLY DO THE BIDDING OF THE ELITE FAMILIES WHO OWNS THEIR SHARES AND RUN ALL OF THE CENTRAL BANKS AROUND THE WORLD. THEY HAVE NO LOYALTY TO AMERICA WHATSOEVER!

THIS IS NOT ACCEPTABLE! THEY MUST BE DONE AWAY WITH AND NOW!



LEARN ABOUT THE DECEITFUL PRIVATE FEDERAL RESERVE:
http://z4.invisionfree.com/The_Great_Decep...hp?showtopic=18
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jofortruth
Posted: Nov 13 2008, 08:05 PM


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Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One
http://www.youtube.com/watch?v=ol3mEe8TH7w



http://www.prisonplanet.com/senate-measure...ood-enough.html

THE ARROGANCE OF THIS MAN IS UNSPEAKABLE! rolleyes.gif
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jofortruth
Posted: Jan 12 2009, 08:37 PM


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Greenspan: Financial Wizard of Oz
http://www.wnd.com/index.php?pageId=9824


QUOTE
You may think that Congress – and therefore the people – can control him. But all lawmakers can do is call him to testify periodically under the Humphrey-Hawkins Act. The hearings are an exercise in futility, not accountability, because Greenspan just obfuscates till everyone is bored silly.

You may think that the press can pin him down. In fact, we have no access to him. No press conferences or interviews are allowed. The high priest is untouchable in his marble temple here on Constitution Avenue.



See also "Web of Debt - The Shocking Truth About Our Money System and How We can Break Free" by Ellen Hodgson Brown, J.D.
http://z4.invisionfree.com/The_Great_Decep...?showtopic=5993

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jofortruth
Posted: Apr 7 2009, 10:31 PM


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jofortruth
Posted: Oct 21 2009, 11:35 AM


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The hidden history of the nation's worst financial crisis since the Great Depression PBS Frontline
http://z4.invisionfree.com/The_Great_Decep...topic=7445&st=0

QUOTE
"The Warning," airing Tues, Oct. 20, FRONTLINE traces back to the Clinton Administration and the pro-business, anti-regulation powerbrokers Robert Rubin, Larry Summers, and the man referred to as "The Wizard," Chairman of the Federal Reserve Alan Greenspan



Greenspan became part of the problem! It was he who was in charge of the Fed while the shysters were bringing in their fraudulent derivatives. So he, among others (Larry Summers, Bob Rubin, Geithner, etc) are RESPONSIBLE FOR THE ECONOMIC CRISIS. THEY ACTED LIKE GOD, AND THEY DESTROYED OUR ECONOMY!

I GUESS THEY WEREN'T SO SMART AFTER ALL, OR WAS IT MORE ABOUT DECEIT AND AN AGENDA THEY WERE SETTING UP THAT WOULD EVOLVE INTO THE NWO AGENDA?
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jofortruth
Posted: Feb 25 2010, 12:51 PM


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Greenspan: Worst Financial Crisis EVER, INCLUDING the Great Depression
http://www.infowars.com/greenspan-worst-fi...eat-depression/

QUOTE
Washington’s Blog
February 24, 2010

Greenspan just said that the current credit crunch is “by far the greatest financial crisis, globally, ever” — including the 1930s Great Depression.

Bloomberg notes:

Greenspan said that while the economy was in worse shape in the Great Depression, the recent financial crisis was potentially more harmful than that in the 1930s because “never had short-term credit literally withdrawn.”

Greenspan also said “fiscal affairs are threatening this outlook” for recovery.

As I pointed out last May:

The following experts have said that the economic crisis could be worse than the Great Depression:

• Fed Chairman Ben Bernanke
http://www.washingtonsblog.com/2009/07/eve...s-could-be.html

• Economics professors Barry Eichengreen and and Kevin H. O’Rourke (updated here)
http://www.washingtonsblog.com/2009/04/eco...rash-worse.html

• Investment advisor, risk expert and “Black Swan” author Nassim Nicholas Taleb
http://www.washingtonsblog.com/2009/05/tal...worse-than.html

• Former Fed Chairman Paul Volcker
http://www.cnbc.com/id/29304047

• Nobel prize winning economist Joseph Stiglitz
http://www.msnbc.msn.com/id/21134540/vp/29104759#29104759

• Economics scholar and former Federal Reserve Governor Frederic Mishkin
http://www.cnbc.com/id/26850473

• Well-known PhD economist Marc Faber
http://www.washingtonsblog.com/2009/01/mar...ght-be-far.html

• Former Goldman Sachs chairman John Whitehead
http://www.reuters.com/article/idUSTRE4AB7HT20081112

• Morgan Stanley’s UK equity strategist Graham Secker
http://www.chartingstocks.net/2009/03/morg...han-depression/

• Former chief credit officer at Fannie Mae Edward J. Pinto
http://thebulletin.us/articles/2009/01/29/...15629914618.txt

• Billionaire investor George Sorors
http://www.reuters.com/article/idUSTRE51K0A920090221?sp=true

• Senior British minister Ed Balls
http://www.independent.co.uk/news/uk/polit...rs-1605367.html

Unfortunately, virtually everything the American government has done since the crisis started has been counterproductive. See this, this, this, this, this, this, this, this, this, this and this.

The same is true of most other governments.

In the understatement of the day, Greenspan also called the recovery “extremely unbalanced,” driven largely by high earners benefiting from recovering stock markets and large corporations.




Gee Alan! Thx for your 15 years of policies and corruption that helped lead up to this! What a guy! rolleyes.gif
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jofortruth
Posted: Feb 26 2010, 01:27 PM


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Alan Greenspan - The Oracle Behind the Curtain - Ebook:
http://issuu.com/vestito/docs/alan_greensp...the_curtain__20
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jofortruth
Posted: Feb 26 2010, 01:31 PM


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QUOTE
"If I seem unduly clear to you, you must have misunderstood what I said."
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jofortruth
Posted: Feb 26 2010, 01:44 PM


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jofortruth
Posted: Feb 26 2010, 03:10 PM


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2005 HM Treasury "Advancing Enterprise" Conference (Queens Bash. Supposedly the 3rd meeting of the Enterprise Conference):
http://www.hm-treasury.gov.uk/ent_dec05_transcript.htm

QUOTE
Presentation

Alderman David Brewer: Ladies and gentlemen, thank you for that introduction. Mr. Chairman Greenspan, as the 678th Lord Mayor of London, I have the singular honour to perform this afternoon to present you with a certificate making you a Freeman of the City of London. Freemen of the City of London virtually invented global trade. They ratified it at Magna Carta in 1215, and since that time have been committed to the stability, prosperity and piece which global trade brings. I hardly need to say that becoming a Freeman of the City of London is not to be taken lightly. I fear traffic will no longer let you drive a flock of sheep over London Bridge, but whenever you want to put up overnight at the Mansion House, or give a dinner for 300 of your best friends, please let me know. And if you want to start trading as a financial advisor in the Square Mile, you will be most welcome. I think you will find our single agency light touch regulation much to your liking. Who would have thought that in those dark days of 1915, when the United Kingdom lost its financial supremacy, it would regain it in less than a century, and regain it in a large part because of the post-war financial stability of which you, sir, are a key architect, a stability which allowed others to come alongside and to prosper, and who would have thought that in the middle of the financial ups and downs of the most powerful nation on earth, the personality and intelligence of one man would steady the ship, reassuring both the media and the politicians. Now, at long last, the City of London can thank you by honouring you in this distinctive way. This afternoon, therefore, may I thank the Chancellor of the Exchequer for suggesting that you might be a candidate for the Freedom, and thank the City's Chairman of Policy and Resources, Michael Snyder, for joining me in proposing you. Above all, I want to thank you for so graciously accepting our gift. We are glad to greet you as a fellow freeman, free to trade, free to inspire, free to enlighten. Traditionally our newest Freeman is hailed as our 'youngest' Freeman. Thus on behalf of the City of London, may we all wish you the happiest of future, youngest Freeman, Alan Greenspan. Thank you very much. It's been a very great pleasure, thank you. Hope it will be a memorable day. Thank you very much indeed.

Dr. Alan Greenspan: Chancellor, Lord Mayor, this is an extraordinary honour and I must admit that perhaps London may be the only city that has the history and capability of bestowing such a privilege. I must, however, acknowledge I am slightly disappointed. I did bring my flock of sheep along in the hopes that I could shepherd them across London Bridge, and I cannot hide the fact that I am indeed deeply disappointed, but I am honoured nonetheless and I look forward to availing myself of the obvious many privileges of this honour. Thank you again
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jofortruth
Posted: Apr 8 2010, 11:04 AM


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Greenspan's Testimony April 7, 2010 before the Financial Industry Inquiry Commission:
http://www.fcic.gov/
http://www.fcic.gov/hearings/04-07-2010.php

Video:
http://www.cspan.org/Watch/Media/2010/04/0...ic+Hearing.aspx

Text of Testimony:
http://www.fcic.gov/hearings/pdfs/2010-0407-Greenspan.pdf


Is this just another smoke and mirror commission with set parameters that don't get to the truth, just like 911 Commission and many Commissions before it? Notice how the electricity goes out near the end of his testimony! rolleyes.gif

The lights go out on Greenspan
http://www.theglobeandmail.com/report-on-b...article1526384/

QUOTE
The Capitol Hill room went dark near the end of testimony from the former Fed chairman at a hearing about the financial crisis


Probe of crisis puts U.S. rainmakers on the spot:
http://www.theglobeandmail.com/report-on-b...article1525375/


Alan Greenspan: ‘I ran my office as required by law'
http://www.theglobeandmail.com/report-on-b...article1526774/

QUOTE
Seeking absolution for his role in the financial crisis, Alan Greenspan the man is attempting to escape from the shadow of Alan Greenspan the myth.


The only problem is, by whose law is he directed? The Elite, who have a law unto themselves? rolleyes.gif
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jofortruth
Posted: Apr 9 2010, 05:58 PM


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MSNBC Ratigan speaks out on Greenspan and corrupt Fed
http://z4.invisionfree.com/The_Great_Decep...opic=8233&st=0&
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jofortruth
Posted: Jul 15 2011, 10:52 AM


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Greenspan: Dumb Americans Deserve Unemployment
http://www.infowars.com/greenspan-dumb-ame...e-unemployment/

And Greenspan and his buddies are ugly, arrogant know-it-alls, who really know nothing but how to swindle people! It is they who should be unemployed!

This guy presided over the Federal Reserve when they intentionally drove the interest rates down to nothing and when the mortgage implosion was being set up. So what did you do then Alan, NOTHING but allow it all to happen!



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jofortruth
Posted: Aug 10 2011, 10:02 AM


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Being shamed and disgraced is not enough (This breaks down the entire story of what the Treasury and Wall Street boyz did to Brooksley Born to discredit her):
http://bilbo.economicoutlook.net/blog/?p=6735

Taking Hard New Look at a Greenspan Legacy
http://www.nytimes.com/2008/10/09/business...agewanted=print


More on how he and his banker boyz forced Brooksley Born to be silent about the OTC Derivatives trading that was causing serious problems to our economic system but was operating secretively with their blessing: (Then 2008 happened, and now 2011 market collapse), and more will happen until the Derivatives market is dealt with and reined in)
http://z4.invisionfree.com/The_Great_Decep...topic=7446&st=0


THEREFORE, GREENSPAN WASN'T THE MASTER THE MEDIA HYPED HIM TO BE ALL THOSE YEARS! AMAZING HOW THE MEDIA AND THE GOONS MAKE PEOPLE OUT TO BE WHAT THEY ARE NOT! ANOTHER FAKE ICON HAS NOW BEEN DISCREDITED. GREENSPAN IS HARDLY A MAESTRO AS DEPICTED IN A BOOK ABOVE! rolleyes.gif
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jofortruth
Posted: Aug 11 2011, 08:59 AM


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jofortruth
Posted: Oct 1 2011, 04:53 PM


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