Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

Greenspan is constantly being criticized on these threads, and while I'm not necessarily a fan of his, in his defense, one does not get to a position of economic power such as he holds by being stupid. This man has to evaluate the repercussions of each of his tiniest actions in areas that no doubt have never even occurred to many of his narrow-sighted critics, while at the same time anticipating the possible reactions of other powerful economic forces.

Cut the man some slack. His job is not an easy one, and he doesn't even get paid that well to do it! And don't blame him for exposing us to the temptation of easy money, either -- WE made the choice to take it, and no one was twisting our arm! WE have no one to blame but our greedy selves for the stockmarket bubble, housing bubble, bond bubble, credit mess we're in today.
Newly

Disclaimer: I use the term WE loosely -- I carry no debt but a low-balance home mortgage!