EconWatch.com > Comrade Greenspan: Seize the economy’s commanding heights! - Paul ...

[Paul Krugman] It is pretty telling that Lindsey Graham, the economic adviser to McCain, and Greenspan, a renowned financial bubble artist, both conservatives and extreme partisans of fanatically free market logic, have come in favor of nationalizations of banks. It is even more telling that they have done so while Summers, the ex-Treasury Secretary of Clinton, and his ex-aide Geithner, have declared they were against nationalizations.

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[Dollars & Sense blog] Dollars & Sense blog: Greenspan (!): Nationalize the Banks ...: Greenspan seems more concerned about immediate effects, namely, rising long term bond rates (the Fed in theory can suppress a rate rise by buying long-dated Treasuries, but I suspect in practice this policy would lead to private investors and other central banks abandoning the long end of the yield curve, knowing the Fed could not continue this strategy on an unlimited basis, and the Fed having qualms about ballooning its balance sheet to grotesque size. Even at this level, the Fed seems cautious about further balance sheet growth, even though some have argued the Fed would need to expand its balance sheet far more aggressively to combat deleveraging).

[Political Byline] Greenspan says “nationalize now” | Political Byline: Please Note: Any and all comments left on this blog are the opinions of the commentator's themselves, and should not be considered the opinions of the Blog owner. Further more, the opinions expressed in the blog entries here are solely those of the Blog owner and not those of the any advertiser on this Blog.

[Hot Air » Top Picks] Hot Air » Blog Archive » Heartache: Greenspan backs bank ...: Please tell all of us here on HotAir how he has done anything for this Nation ? If there is one lesson of the great Washington-Wall Street Panic of 2008-09, it is that the geniuses who are charged with safeguarding our national economy do not have a clue between them, and because of this are in fact a menace .

[The Epic Of The Fall] The Epic Of The Fall - Greenspan: Bank Nationalization The Answer: In his speech after signing the stimulus, which he called the “most sweeping recovery package in our history”, Mr Obama set out a vertiginous timetable of federal decisions in the coming weeks that included fixing the US banking system, submission next week of the 2009 budget and a bipartisan White House meeting to address longer-term fiscal discipline.

[THE WEEKLY POINT] Greenspan: “Longest And Deepest” Recession Since 1930s | THE ...: Former U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday the current global recession will “surely be the longest and deepest” since the 1930s and more government rescue funds are needed to stabilize the U.S. financial system.

[Forex News and Commentary by FXDD] Former Fed Chairman Greenspeen Speaks on US Economy | Forex News ...: - Follow Up: Greenspan was quoted by the FT as noting that it might be necessary to temporarily nationalize some US banks to deal with the financial system, says this would allow the government to transfer toxic assets to a “bad bank” without the problem of how to price them.”;

[Political Cortex] Political Cortex: Bush's Iraq War Spending Spree and Greenspan's ...: Bush has the dubious distinction of being the U.S. White House resident who catapulted the national debt to the highest in history, greater than all the other national debts combined since the U.S. was founded as a nation.  

[Donklephant] Donklephant » Blog Archive » Quote Of The Day - On Bank ...: Speaking to the FT ahead of his speech to the Economic Club of New York last night, Mr Greenspan said that “in some cases, the least bad solution is for the government to take temporary control” of troubled banks either through the Federal Deposit Insurance Corporation or some other mechanism.

[Balloon Juice] Balloon Juice » Blog Archive » Socialism Sighting: “That’s not nationalization. That’s just stupid.”), that Lindsey Graham now seems to be openly agreeing with Krugman, Roubani, and others, or that the Bank of America exec thinks that dumping billions into failed businesses isn’t socialism and that boatloads of money is not only a talent, but a God-given one at that.

[Applesauce] Applesauce » A tell-tale chart on American household incomes over ...: A note of caution: The language gets a litttle salty on some of the sites to which this blog links. So, don’t say you weren’t warned.

[BBC NEWS | Peston's Picks] BBC NEWS | The Reporters | Robert Peston: As the following is posted to the parties listed at the end [cc], which you can see also stars your good self, [and this quite excellent transparent Internet blog is far better than any email, which can be conveniently/inconveniently ignored or dismissed or as is maybe the case in Government, vetted by a minion for subjective decision for the addressed's attention] and after having watched the PM doing his Mr Bean/Has Been routine at todays press conference, announcing nothing worthy of note and therefore no real change to an easily corruptible Financial/Money/Fiscal/Control System, [call it what you will], perhaps this could be pursued, looking for the flaw, which could then be addressed to remove it.

[politicalbetting.com] politicalbetting.com » Blog Archive » Is now the time to take this ...: If there really isn’t a pattern of LibDems voting tactically to remove Labour MPs then doesn’t that tell us much more about the stubborn as hell, ridiculous mindset of LibDem voters. It’s just a protest vote against the two main parties.

[The Bing Blog] Nakagawa’s career Karoshi - The Bing Blog: When I read about him resigning , I thought here is a guy with some balls,,,It’s a terrible job ,,he can’t figure out a solution,,,He has no real answers,,,everyone blames him for the problem they created….Commit Hari Kari…not on your life…He is just packing his bags and going home…

[Comments for politicalbetting.com] politicalbetting.com » Blog Archive » Is Harriet becoming Labour’s ...: When the Tories were in power, having Scotland as part of the UK was a nice thing for a Conservative to have - it increased Britain’s international weight in several ways: Scottish oil, the geographic extent of the nation, the overrepresentation of Scots in the armed forces; even the presence of the Scottish population in the UK - though a small part of the total - kept the UK population above that of France or Italy.

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