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View Full Version : Times, 25 most to blame list for the economy



klamath
05-11-2009, 10:03 AM
Libertarianism has a long ways to go. Obama big governments policies will have to fail big before the free markets have a chance again.

Everything about this list is how the free market failed. Even Greenspan is a "Ayn Rand following free marketer" that has since seen the failure of his ways.
The worse part is the poll of who the people thought was the most culpable. Phil gramm was tops because he deregulated.

http://www.time.com/time/specials/packages/completelist/0,29569,1877351,00.html
tangent4ronpaul
05-11-2009, 10:06 AM
linkie?

-t
MsDoodahs
05-11-2009, 10:30 AM
Top vote getter appears to be GW Bush, number two Bill Clinton.

lol...
BenIsForRon
05-11-2009, 10:54 AM
Hmmm, no Larry Summers or Tim Geithner... go figure.
SpeTz
05-11-2009, 11:12 AM
No Ben Bernanke or Alan Greenspan :(
jclay2
05-11-2009, 12:15 PM
I am surprised the American Consumer is not at the top of that list. Honestly, how can people say "the evil banker FORCED me to buy a house I couldn't afford".
klamath
05-11-2009, 12:19 PM
No Ben Bernanke or Alan Greenspan :(

Actually He is but here is the write up about him.:mad:

Alan Greenspan

The Federal Reserve chairman — an economist and a disciple of libertarian icon Ayn Rand — met his first major challenge in office by preventing the 1987 stock-market crash from spiraling into something much worse. Then, in the 1990s, he presided over a long economic and financial-market boom and attained the status of Washington's resident wizard. But the super-low interest rates Greenspan brought in the early 2000s and his long-standing disdain for regulation are now held up as leading causes of the mortgage crisis. The maestro admitted in an October congressional hearing that he had "made a mistake in presuming" that financial firms could regulate themselves.
klamath
05-11-2009, 12:29 PM
Top vote getter appears to be GW Bush, number two Bill Clinton.

lol...

They are the top vote getters but there seems to be some rating system in the poll as they have the rating rank and Phil Gramm is rated the worse.
PeacePlan
05-11-2009, 12:33 PM
#1 on the list should be the Federal Reserve
PatriotLegion
05-11-2009, 12:46 PM
#1 on the list should be the Federal Reserve

I agree, but Alan Greenspan should be number 1 with the FED Reserve at a close 2nd.

Presidents don't control our monetary system, the FED does! They got the money!