posted on Nov, 24 2012 @ 10:27 PM
reply to post by 1BornPatriot
Thank you for posting that. Personally, I believe Greenspan knew exactly what he was doing. He was enriching those who he saw as deserving. A very Ayn
Rand thing to do. He believes in a world where fraud is okay and it is everyman for themselves. This is the same man that said that the housing market
would have a soft landing. The same man that said that housing would not effect the stock market and the same one that was in favor of the bank
bailouts. He sold out the country for personal gain.
Prior to the crash the economy saw an inverted yield curve. This is the number one indicator according to the Federal Reserve that you are about to
experience a recession or depression. Greenspan went before congress and was asked about it, he said that it was different now and that the inverted
yield curve would have no effect. Nope, this was all intentional.