Comments on: Did Greenspan try to quash a housing-bubble debate? http://blogs.reuters.com/felix-salmon/2010/05/03/did-greenspan-try-to-quash-a-housing-bubble-debate/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: evolutis http://blogs.reuters.com/felix-salmon/2010/05/03/did-greenspan-try-to-quash-a-housing-bubble-debate/comment-page-1/#comment-14391 Tue, 04 May 2010 15:22:41 +0000 http://blogs.reuters.com/felix-salmon/?p=3686#comment-14391 A well documented, change in circumstance came about in late 2002; housing prices spiked up some 30% above the almost 100 year ratio, in norms of inflation and rental rates. Greespan was asleep and only awakened long enough to cash his pay checks, until he left. Further evidence shows no action for almost Six (6) years, when in 2008, then and only then, did the BANKING INDUSTRY tell us of it’s collective misadventure.

4.2 million word tax code that nobody understands – simple minded complexities of OTC derivatives short sales, bought off governments, a world in dept…Really

“Something for the little lady?” “ Something for the little lady?” A worldwide, carnival in the least complimentary terms.

Legal Tender is a legal contrivance, a “monetary system” morphed into a belief system. Too big to fail; far too big to govern. After 4,000 years of indebtedness, do we yank the license to abuse?

A resource based economy that we are designed to handle is the course of least resistance.

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By: HBC http://blogs.reuters.com/felix-salmon/2010/05/03/did-greenspan-try-to-quash-a-housing-bubble-debate/comment-page-1/#comment-14379 Tue, 04 May 2010 14:10:48 +0000 http://blogs.reuters.com/felix-salmon/?p=3686#comment-14379 So he was really only concerned he might have a discussion he’d never forget.

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By: carpingdemon http://blogs.reuters.com/felix-salmon/2010/05/03/did-greenspan-try-to-quash-a-housing-bubble-debate/comment-page-1/#comment-14365 Tue, 04 May 2010 04:50:40 +0000 http://blogs.reuters.com/felix-salmon/?p=3686#comment-14365 You’re right. The housing bubble remarks come from November and the transparency thing is from March. Even Krugman missed it.

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By: Jos5319 http://blogs.reuters.com/felix-salmon/2010/05/03/did-greenspan-try-to-quash-a-housing-bubble-debate/comment-page-1/#comment-14360 Tue, 04 May 2010 01:47:39 +0000 http://blogs.reuters.com/felix-salmon/?p=3686#comment-14360 Arrogance = Greenspan

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