The Big Picture - Macro Perspective on the Capital Markets, Economy, Technology, and Digital Media

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

6 Responses to “The Warning”

1. Dow Says:
   April 2nd, 2010 at 1:57 pm

   That was depressing. Sheer madness: starting with the B movie actor elected President who gets advice from an economic advisor who worships the ideology of a fiction writer but – oops – ‘I was wrong.’

2. jrm Says:
   April 2nd, 2010 at 2:09 pm

   I enjoyed it. Very interesting.

   But god this thing with women saving the world is getting really boring. When can we have a show about Erin Callan ?

3. jrm Says:
   April 2nd, 2010 at 2:10 pm

   (btw, the same people who shoot Greenspan now worshipped him like crazy before the crisis.)

4. tyaresun Says:
   April 2nd, 2010 at 6:05 pm

   Thank you very much for posting this. I hope that people like Born and Hoenig get prominent posts after the mid term elections in Nov.

5. Amos Satterlee Says:
   April 4th, 2010 at 4:13 pm

   1. If Greenspan wants to do a real mea culpa, where is he in the effort to correct the abuses? He, as well as anyone, should understand the enormous effort needed to fight back the financial industry lobby, and just sitting on the sideline makes one wonder about the sincerity of his apology.

   2. After Greenspan’s apology, why does anyone still support the “free market”, no regulation mantra? They think that Greenspan is wrong to apologize?

   3. Anarchy: a theory that regards the absence of all direct or coercive government as a political ideal and that proposes the cooperative and voluntary association of individuals and groups as the principal mode of organized society. By this definition, it appears that Greenspan’s, and therefore the US’s, economic theory has been a radical interpretation of anarchy.

6. El Viejo Says:
   April 5th, 2010 at 6:58 pm

   Regulation reduction fits with Greenspan’s worship of Ayn Rand who believed in minimal or no government.

   “Little children keep yourselves from idols. Amen” 1 John 5:21

   If someone preaches panacea run, don’t walk, for the exits!