Alan Greenspan was on ABC This Week earlier today. All unintended puns (and there were many) and buck-passing (and there was even more) aside, it is worth watching. He is a crummy prognosticator, as history shows, but a savvy analyst of today. And try to hold your nose at George Stephanopoulos’s dopey questions, as they are a reasonable guide to the popular perspective of this complex crisis.
Click to view.
My favorite Greenspan-ian quote from the interview:
It’s not assistance. It’s stabilization.
You go, Al.
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