I don't think that he is an idiot. He is a hack & an ideologue, who will try to rehabilitate himself.
On Fri, Dec 18, 2009 at 10:44:04AM -0600, raghu wrote: > > There are two possible explanations for a twit like Greenspan. > > 1) He is clever like a fox. He may say incomprehensibly stupid things, > but his ideas are really quite rational if you consider their class > interests. > > 2) He really is just an idiot. This is what I think. Greenspan (and > Bernanke and Geithner et al) are supporting ideas that would make > sense if they truly part of the ruling elite e.g. if they were > billionaires. But these guys are not. Like that gangster in > Godfather-2 said, these guys are small potatoes. > -raghu. > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
