Omigod Hillary: Greenspan should help fix economy??!!

I first thought this was bunk, 'cause it was on Newsmax,...but...I can't freakin believe this moron...

Hillary Clinton may have inadvertently revealed this Achilles' heel in her economic platform when she declared in Philadelphia that she was proposing an "Emergency Working Group on Foreclosures," that "could be led by a distinguished, nonpartisan group of economic leaders like Alan Greenspan, Robert Rubin, Paul Volcker."

Robert Rubin is saying now that we need some new rules for Wall Street, but he sure wasn't making that case when he was secretary of the treasury under Clinton. And Alan Greenspan? The man whom history will likely hold most responsible for the contours of the current "epic" financial crisis? Please tell us you misspoke, Hillary!

This woman was so busy trying to win the nomination by skulduggery and other obscene acts with skulls that I won't go into here, that she seems not have realized that Alan Greenspan is the left, right, and center's current bete noire. Nobody likes this Ayn Randian lunatic anymore.

"Bubbles" Greenspan did Democrats no favors throughout his tenure as Fed Chair, and Hillary wants him back???

I want Hillary to be ambassador of Paraguay.

That's probably a safe place for her.

•  Tip Jar...

  I liked the sniper fire lies better...

  by Mumon on Tue Mar 25, 2008 at 07:21:33 AM PDT

  •  Robert Rubin?

    Isn't it special that she also named Robert Rubin?  The same guy who advocated for the deregulation that started this mess.
    
    
    ````
    peace
    
    

    by peace voter on Tue Mar 25, 2008 at 07:23:36 AM PDT

•  Get on board

  Greenspan has more experience with the Federal Reserve than anyone know alive.  Just consider the length of his resume.  And who can forget the time he landed at Zurich airport under sniper fire?

  by ClaudiusTheGod on Tue Mar 25, 2008 at 07:30:35 AM PDT

  •  darn!

    Austrian sharpshooters ain't what they used to be..... who made them snipers anyway? Any cockeyed dork can hit something once in awhile.

    by Euroliberal on Tue Mar 25, 2008 at 07:54:42 AM PDT

  •  LOL!

    I remember him sitting in his flak jacket.  Which was good because even then he was incontinent.

    by Mumon on Tue Mar 25, 2008 at 08:20:28 AM PDT

•  Greenspan caused this mess

  No less an expert than Federal Reserve Chairman Alan Greenspan has sung the praises of ARMs. In February, he told credit union executives that such loans could have saved many homeowners tens of thousands of dollars over the past decade. He noted that ARMs are much more common in other countries, and he encouraged the mortgage industry to create more options. "The traditional fixed-rate mortgage may be an expensive method of financing a home," Greenspan said.

  http://www.businessweek.com/...

  Under Mr Greenspan's leadership, the Fed continued to cut interest rates during the 1990s - the cheap cost of borrowing helped inflate the housing market, with some states such as Florida and California experiencing doubling house prices over a five-year period. Cheap money and surging house prices also created fertile ground for mortgage brokers to push home loans that borrowers could ill-afford, in the hope that property values would continue to rise and homeowners could simply remortgage.

  http://business.timesonline.co.uk/...

  I think the only thing Greenspan is interested in saving anymore is his shattered reputation.

  by nisleib on Tue Mar 25, 2008 at 07:37:40 AM PDT

•  Payback to Andrea Mitchell

  Got to remember what the Clinton's are all about. Loyalty. Greenspan married to AM.. AM provides HRC, for the most part, with good press coverage. AM has carried more H20 for HRC then most..even under sniper fire.. :)

  by bdr4981 on Tue Mar 25, 2008 at 07:47:41 AM PDT

•  Why not?

  by mpc 12 on Tue Mar 25, 2008 at 07:51:56 AM PDT

  •  Damn enter key

    He is the one who fucked it all up. Just reverse everything he did before, problem solved.

    by mpc 12 on Tue Mar 25, 2008 at 07:53:53 AM PDT

•  Hillary's campaign is based on the notion that

  by voting for her, you get to hop in the time machine and go back to the 1990s. You'll see all your old friends there: Bill, Hillary, Alan Greenspan, Robert Rubin, etc. She's not expecting people to consider that some of these people were part of the problem that we're in now; she's expecting people to retreat to these familiar names out of fear. "Turn back the clock and everything will be juuuuuuuuust fine." Yep, sounds like a Republican.

  by just some lurker guy on Tue Mar 25, 2008 at 10:13:24 AM PDT