Comments on: Words of Wisdom from Alan Greenspan http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/ personal finance tips, tricks, and commentary Thu, 11 Mar 2010 20:54:06 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Erin http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/comment-page-1/#comment-86742 Erin Fri, 28 Sep 2007 14:06:03 +0000 http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/#comment-86742 Thanks for sharing some excerpts. I need a good book to read I will have to check this out. Thanks for sharing some excerpts. I need a good book to read I will have to check this out.

]]> By: The Decision Strategist http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/comment-page-1/#comment-85853 The Decision Strategist Tue, 25 Sep 2007 19:22:10 +0000 http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/#comment-85853 I used to like Greenspan a lot. He's a likable guy and the press loves him. Maybe he wasn't bad, but I do put a lot of the blame on him for the credit bubble. I don't understand how he can claim to not have a role. During his stay the fed held interest rates pretty low, fueling a buy and debt mentality over being fiscally responsible. Would the tech crash of 2000 be worse if he didn't? Yes, but the current crisis is a direct results of his solution. Just my opinion of course. I used to like Greenspan a lot. He’s a likable guy and the press loves him. Maybe he wasn’t bad, but I do put a lot of the blame on him for the credit bubble.

I don’t understand how he can claim to not have a role. During his stay the fed held interest rates pretty low, fueling a buy and debt mentality over being fiscally responsible.

Would the tech crash of 2000 be worse if he didn’t? Yes, but the current crisis is a direct results of his solution.

Just my opinion of course.

]]> By: MoneyNing http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/comment-page-1/#comment-85845 MoneyNing Tue, 25 Sep 2007 16:28:34 +0000 http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/#comment-85845 I agree with Aaron. It is so easy to judge from the outside when you don't have the responsibility of what Ben Bernanke has to deal with. Greenspan is just making matters worst by offering his "advice" about everything. On an off topic note, I saw the CNBC interview with Maria Bartraromo (i can't spell her last name) and she was crying on parts of the segment. They must have cut the parts when she totally broke down but i wonder why! I agree with Aaron. It is so easy to judge from the outside when you don’t have the responsibility of what Ben Bernanke has to deal with. Greenspan is just making matters worst by offering his “advice” about everything.

On an off topic note, I saw the CNBC interview with Maria Bartraromo (i can’t spell her last name) and she was crying on parts of the segment. They must have cut the parts when she totally broke down but i wonder why!

]]> By: Aaron http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/comment-page-1/#comment-85465 Aaron Mon, 24 Sep 2007 21:44:56 +0000 http://www.fivecentnickel.com/2007/09/24/words-of-wisdom-from-alan-greenspan/#comment-85465 Greenspan certainly has been making the rounds. I understand he is doing this for PR right now, but I certainly hope he lets Bernanke do his job after this instead of constantly weighing in on monetary policy. Greenspan certainly has been making the rounds. I understand he is doing this for PR right now, but I certainly hope he lets Bernanke do his job after this instead of constantly weighing in on monetary policy.

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