Alan Greenspan: Obama Stimulus hurt recovery

[schiff]

Here you go fuckhead.

Massive government intervention to save the economy is to blame for the lagging recovery, Former Federal Reserve Chairman Alan Greenspan said Tuesday.

http://money.cnn.com/2011/03/15/news/economy/alan_greenspan_recovery/

 

[akphidelt]

Here you go fuckhead.

Massive government intervention to save the economy is to blame for the lagging recovery, Former Federal Reserve Chairman Alan Greenspan said Tuesday.

http://money.cnn.com/2011/03/15/news/economy/alan_greenspan_recovery/

Greenspan has his opinions. I do not agree with this one and neither does Jon Huntsman or Ronald Reagan and GWB's top economic adviser. Greenspan said a very unconvincing comment there... "Government borrowing". He should know very well that the Government doesn't actually borrow money. Quite suspicious.

 

[schiff]

Greenspan has his opinions. I do not agree with this one and neither does Jon Huntsman or Ronald Reagan and GWB's top economic adviser. Greenspan said a very unconvincing comment there... "Government borrowing". He should know very well that the Government doesn't actually borrow money. Quite suspicious.

Doesn't borrow? Where do you think money comes from? How do we get more money to purchase and create real goods and services?

 

[akphidelt]

Doesn't borrow? Where do you think money comes from? How do we get more money to purchase and create real goods and services?

From the Govt. Where do you think it comes from?

 

[schiff]

From the Govt. Where do you think it comes from?

I get it from your mama, after pimping her bitch ass out.

 

[akphidelt]

I get it from your mama, after pimping her bitch ass out.

Didn't expect much less from you

 

[schiff]

Didn't expect much less from you

If spending is so good, then why aren't we in a fucking economic utopia by now?

 

[GasMan]

here you go fuckhead.

Massive government intervention to save the economy is to blame for the lagging recovery, former federal reserve chairman alan greenspan said tuesday.

http://money.cnn.com/2011/03/15/news/economy/alan_greenspan_recovery/

Wha Wha What ! ! ! ? ? ?

 

[festeringZit]

"Massive government intervention to save the economy is to blame for the lagging recovery, Former Federal Reserve Chairman Alan Greenspan said Tuesday."

I'd agree with Alan on this one.

Obama and his minions fucked us all over with their ineptitude and fucked-up economic policies.

 

[akphidelt]

If spending is so good, then why aren't we in a fucking economic utopia by now?

$1.7 trillion in deficit spending is only $5,483 per capita. And this does not include all the money that goes to foreign country's. And if you include the lack of spending and credit in the economy. We have lost much more than $5,483 per capita. This is how the economy works. I still think you guys really do not have a grasp on how the economy actually comes together.

 

[akphidelt]

So you guys are all of a sudden huge Alan Greenspan fans?? Hahahahaha

 

[snoop]

No.

Alan Greenspan was wrong.

Ben Bernanke is dead wrong.

Two wrongs does not make it right.

Unfortunately, AK has both of the old men's cocks in his mouth so he does not know what might happen next.

 

[GasMan]

$1.7 trillion in deficit spending is only $5,483 per capita. And this does not include all the money that goes to foreign country's. And if you include the lack of spending and credit in the economy. We have lost much more than $5,483 per capita. This is how the economy works. I still think you guys really do not have a grasp on how the economy actually comes together.

right..now double that to cover for the non tax paying mother fuckers your party panders to and now 11,000 per capita...22,000 for a married couple without kids...55,000 for a family of five like myself.

Go fuck yourself Akphi

 

[Seymour]

Greenspan has his opinions. I do not agree with this one and neither does Jon Huntsman or Ronald Reagan and GWB's top economic adviser. Greenspan said a very unconvincing comment there... "Government borrowing". He should know very well that the Government doesn't actually borrow money. Quite suspicious.

This lil broke never made 10 cents in his life child doesn't agree - well whoopdie fucking doo

 

[akphidelt]

right..now double that to cover for the non tax paying mother fuckers your party panders to and now 11,000 per capita...22,000 for a married couple without kids...55,000 for a family of five like myself.

Go fuck yourself Akphi

Honestly, I'm not trying to be a dick. I'm just trying to have a serious discussion on how the American economy functions. With out any insults what so ever, I'm just going to say that it is not $5,483 we owe out of what we've made so far. It is $5,483 more in money that we have a chance of getting.

What that means is we have $1.7 trillion more dollars to get in order to pay off the "debt". In all honesty, does that make sense? If it doesn't, can you please tell me where we get $1.7 trillion to lend to the Govt?

 

[Willie99]

the results are in, the debate is over, Greenspan is right, the whole country knows it, the stimulus failed

all others words are a waste of space

 

[russ1945]

I have a twinge of respect for Greenspan for finally admitting he was wrong (his model had a flaw!!!) and that the market cannot necessarily correct itself. Seems like he has become much more honest in his opinions ever since and he is right on this one also. Obama could have done nothing, yes nothing at all, and the economy would be in better shape now than it is. All this POTUS had to do was make something better, anything, and he just can't get it done.

 

[THawk+]

Obama and his like have been using economic theory to set his policy. His and academia's theory does not work and that is why we are totally fucked right now. The people in business don't run on theory and they do not trust this administration that is why all the money is on the sideline doing nothing. That is why there is no hiring, no investment, and no jobs...

They know what they are doing is not going to work plus they have no idea what Obama will try to do next but they know it will probably not be good for them or their business so every one of them are standing pat and running very lean until things change...

Greenspan was a major contributor to this also and now he comes out and basically says "I fucked up"...

 

[Willie99]

Obama and his like have been using economic theory to set his policy. His and academia's theory does not work and that is why we are totally fucked right now. The people in business don't run on theory and they do not trust this administration that is why all the money is on the sideline doing nothing. That is why there is no hiring, no investment, and no jobs...

They know what they are doing is not going to work plus they have no idea what Obama will try to do next but they know it will probably not be good for them or their business so every one of them are standing pat and running very lean until things change...

Greenspan was a major contributor to this also and now he comes out and basically says "I fucked up"...

I concur

 

[snoop]

I think one of the commies on this board came up with a very good idea last month or so. He suggested the Gov should tax "idle money".

Can't remember who that was.

Lol.