Alan Greenspan Endorses John McCain

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Reuters   |  Sonya Dowsett   |   April 7, 2008 02:22 PM


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There is more than a 50 percent chance the United States could go into recession, former Federal Reserve chairman Alan Greenspan told El Pais newspaper in an interview published on Sunday.

Greenspan, the U.S. Fed chairman from 1987 to 2006, endorsed the Republican presidential candidate John McCain in the interview.

"I'm Republican and I support John McCain, who I know very well and who I respect a lot," he said.

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- mamacat See Profile I'm a Fan of mamacat permalink

After 7 years of a bad presidency, Mr. Greenspan finally spoke up about his role in it.
If McCain is elected, I wonder how many years it will take before Mr. Greenspan writes a book about how McCain's big mistake was in not listening to Mr. Greenspan's advice.

    Favorite    Flag as abusive Posted 06:19 AM on 04/08/2008
- BlazingChalice See Profile I'm a Fan of BlazingChalice permalink

The architect of the Subprime crisis endorsing the enabler of the Iraqi Crisis.

Good marriage made in hell.

    Favorite    Flag as abusive Posted 03:21 AM on 04/08/2008
- ObGyn See Profile I'm a Fan of ObGyn permalink

ROFLMAO. Didn"t Hillary just endorse Greenspan for his economic "genius" to solve the current problem? So, even he is rejecting Hillary.

    Favorite    Flag as abusive Posted 01:08 AM on 04/08/2008
- rojo7449 See Profile I'm a Fan of rojo7449 permalink

He's a Republican who has never endorsed a democrat.

    Favorite    Flag as abusive Posted 01:20 AM on 04/08/2008
- Davwbaird See Profile I'm a Fan of Davwbaird permalink

Greenspam, LOL, the man is a complete fool and now disgraced.

    Favorite    Flag as abusive Posted 12:37 AM on 04/08/2008
- forpeace See Profile I'm a Fan of forpeace permalink

*

American Troops Going Insane--www.freedomfighterradio.net

God bless America?

Would god bless this?

http://www.youtube.com/watch?v=Tq5_vG3cYGM

*

    Favorite    Flag as abusive Posted 11:32 PM on 04/07/2008
- anniewade See Profile I'm a Fan of anniewade permalink

Wow...what a shocker! Who would be dumb enough to think he'd support anyone else but a republican? His insane policies have trashed the American economy and created great hardship for the lower-middle & middle class. They worked out great for the wealthy though, who are now richer than ever. I actually think this man is evil, really abhorrent, and I can't stand his obnoxious wife either. Hopefully his endorsement of McCain will prove to be the same kiss of death that his financial advice was for the country.

    Favorite    Flag as abusive Posted 10:39 PM on 04/07/2008
- tbone99 See Profile I'm a Fan of tbone99 permalink

Wow Alan - since you;re responsible for the housing crisis , did you ever think your support could be a little damaging. ?

    Favorite    Flag as abusive Posted 10:13 PM on 04/07/2008
- treadway123 See Profile I'm a Fan of treadway123 permalink

Damage control over here! Calling Lieberman, Calling Lieberman ----------------------------------Hey Lieberman where do we stand on this one? That's ok , you can just wisper it in my ear, but make sure it's the left one, I'm deaf on the right one , you see! Ya, good choice Mr greenspan. Nothing , like good publicity to help the elderly man who need to be reminded of every thing, befor he speaks.

    Favorite    Flag as abusive Posted 02:07 PM on 04/08/2008
- joebhed See Profile I'm a Fan of joebhed permalink

A truly great team.

    Favorite    Flag as abusive Posted 09:26 PM on 04/07/2008
- elpollo See Profile I'm a Fan of elpollo permalink

Greenspan should be given life and 99 years on the basis of the damage he has done to the English language.

    Favorite    Flag as abusive Posted 08:42 PM on 04/07/2008
- TheShadow See Profile I'm a Fan of TheShadow permalink

I'm convinced: Now I know for a fact that there exists two morons in high places who don't understand ecnomics and the economy as a whole. The trouble is that one moron got us into the mess we are in, and the other will just make it worse if given half the chance.

    Favorite    Flag as abusive Posted 08:18 PM on 04/07/2008
- oafishcad See Profile I'm a Fan of oafishcad permalink

This jerk raised interest rates right before the 2000 election to help the GOP win, then lowered them to lower than low just before the 2004 election to help Bush stay in power. Of course his partisan Republican distortions of our economy got us in the economic mess we're in now-along with the republican fiscal policy of Congress and the President. Democrats who want to win congress and the white house better take a page from the GOP winning handbook and repeat over and over and over-it was GOP fiscal policy that got us into the mess we're in. Americans need things repeated and repeated.

    Favorite    Flag as abusive Posted 08:08 PM on 04/07/2008
- moda31 See Profile I'm a Fan of moda31 permalink

poor hillary must be heartbroken

    Favorite    Flag as abusive Posted 07:33 PM on 04/07/2008
- PrdAmerican See Profile I'm a Fan of PrdAmerican permalink

HRC said she would readily put Greenspan on a committee to examine this economic disaster...that's like asking Michael Brown to head a comittee on re-structuring FEMA and US emergency response plans.

    Favorite    Flag as abusive Posted 07:55 PM on 04/07/2008
- ajax2 See Profile I'm a Fan of ajax2 permalink

Alan, the Treasury is empty. There is nothing left for you and McCain to steal.

    Favorite    Flag as abusive Posted 07:22 PM on 04/07/2008
- PrdAmerican See Profile I'm a Fan of PrdAmerican permalink

Ahh, but the borrow and spend policy is a masterpiece...why tax and spend when the Chinese are willing to foot the bill....spend until you die, and let the grandkids pick up the tab.

    Favorite    Flag as abusive Posted 07:52 PM on 04/07/2008
- WIpatriot See Profile I'm a Fan of WIpatriot permalink

Exactly.

    Favorite    Flag as abusive Posted 09:45 AM on 04/08/2008
- themodernleader See Profile I'm a Fan of themodernleader permalink

There is a clique that is in command of our financial system. This group is pampered by our elected leaders and the media. Individuals appear to have disagreements on policy. but if you listen carefully, you must conclude that they are all about supporting the same despicable policies that are bringing down our Republic.
Harvard economist Feldstein claims that he differs with the Fed on their direction. Yet, he has never mentioned a word about the need to create meaningful jobs, that is, regenerate an industrial-technological policy. And he was asked a throw away question by Bloom Business TV what he considered about the presidential candidates. He said that both Democrats vow to raise taxes, including capital gains, and that could not be good for equities and Wall Street. The implications are clear.
Our elite University professors and intellectuals are owned lock-stock and barrel by the monied class. The previleged knowledge of the university is being used to protect and further the aims of the emerging aristocracy. To hell with the Constitution. to hell with democracy. We know which side of the bread the butter is on. Historically, the intellectual has consistently sided with powerful interests over the common interests. Harvard University and other such institutions should have their tax shelters and other previleges yanked from them for committing irrreparable harm to our Republic.

    Favorite    Flag as abusive Posted 06:43 PM on 04/07/2008
- mmckinl See Profile I'm a Fan of mmckinl permalink

Yep ... Economics has become a scam to fleece the people...

The Economist Has No Clothes ...

http://www.sciam.com/article.cfm?id=the-economist-has-no-clothes

The Myth of Free Trade and the Secret History of Capitalism'

http://www.buzzflash.com/articles/hartmann/023

    Favorite    Flag as abusive Posted 08:12 PM on 04/07/2008
- lisakaz See Profile I'm a Fan of lisakaz permalink

Which "elite" professors you talking about? If you don't work in economics, I can't see how this applies to faculty I've know. Heck, I even took a class from the late Bob Eisner (a Keynsian worried about the national debt Reagan was running up in the 80s) and he hardly seemed owned by DC or any "monied class."

    Favorite    Flag as abusive Posted 07:05 PM on 04/07/2008
- WIpatriot See Profile I'm a Fan of WIpatriot permalink

That's right, tml. If you examine the facts you will come to this conclusion.

    Favorite    Flag as abusive Posted 07:04 PM on 04/07/2008
- glesslib See Profile I'm a Fan of glesslib permalink

He also endorsed adjustable rate mortgages a few years back, so I'll probably pass on his advice.

    Favorite    Flag as abusive Posted 06:36 PM on 04/07/2008
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