Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

I think Greenspan has the intellect to be intellectually honest

i don't even see how you guys can discuss the "intellectual honesty" of greenspan. his words, his actions, his analyses are things that can move the markets. he knows this. so we must assume that they're things crafted for public consumption. e.g. he can't say, "yes, there's a housing bubble", because he could precipitate unwinding of that bubble in a potentially catastrophic way.

i dunno. perhaps the guy is doing the best he can. there's only so much that monetary policy can do to unravel the imbalances of the 90's. at some point, politicians will have to take some responsibility. (is that oxymoronic?)