Alan Greenspan Dead

[sealybobo]

RIP Alan

Alan Greenspan, economist and longtime head of the Federal Reserve, dies at 100

The influential economist died Monday from complications of Parkinson’s disease, said his wife of 29 years, NBC News correspondent Andrea Mitchell.

www.nbcnews.com

Not sure I loved the man but I'm also not sure if I dislike him either. I mean, I'm doing pretty well. Did he look after the masses or did he favor the rich? Maybe both can be true. He made sure his policies didn't completely screw over the masses but definitely helped the elites.

He was a character.

"Since becoming a central banker, I have learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said."
At least he was honest
Yes, former Federal Reserve Chairman Alan Greenspan famously admitted he made significant mistakes, most notably during the 2008 global financial crisis. He acknowledged that his long-held free-market ideology—which assumed that financial institutions would self-regulate to protect their shareholders and equity—had a fundamental "flaw".

Alan Greenspan, economist and longtime head of the Federal Reserve, dies at 100

The influential economist died Monday from complications of Parkinson’s disease, said his wife of 29 years, NBC News correspondent Andrea Mitchell.

www.nbcnews.com

 

[sealybobo]

KissMy Deplorable Yankee You guys made threads about the man. How come I can't call out basquebromance?

 

[JoeB131]

How come I can't call out basquebromance?

I think he's been permabanned. I haven't seen him post in some time.

 

[1srelluc]

 

[sealybobo]

I think he's been permabanned. I haven't seen him post in some time.

I wonder how people get purged after they die? Or are they all still on here?

One reason I always disliked Greenspan is I heard he said something like "my job is to keep wages low enough that it maximizes profits but not so low that it causes the masses to revolt. That always bothered me but the honest truth is, that's capitalism. Capitalism relies on poor people. That's maybe the one flaw with it. There has to be ditch diggers. People who work at the dollar stores. I think America created the best middle class and society the world had never seen before. I think for a few decades, America had the best system you could hope for. I'll explain. With a big fat healthy happy thriving middle class, it's easy to get out of poverty and it's easy to get rich. It's PERFECT. When you have a smaller more struggling middle class it's harder to get out of poverty and it's harder to get rich.

The jury is still out on Alan. It's like Bush. I used to think he was the devil but now compared to Trump he's a good guy. Even though I believe he stole elections and lied us into wars too. What makes him any different than Trump?

But then you have your Mike Pence's. There's only so much they will go along with. Was Alan one of them? I think so. I hope so. Probably. I mean he was married to Andrea Mitchell and I like her

He made 100.

Died of Parkinson's disease. If he was a republican, stem cell and vaccines might be the cures. Was he against those things? I guess it doesn't matter since he made it to 100. Eventually we will all die of something right?

 

[gipper]

Greenspan was a central banker. As such, his job was to make sure the super rich continued enriching themselves at the expense of the people. Inflation being just one example of this.

Fvck him!

 

[JoeB131]

I wonder how people get purged after they die? Or are they all still on here?

I think when posters die, they shut down their accounts.

I know Ray from Cleveland passed away some time ago, and his account is no longer active.

Same with Dale Smith