WASHINGTON – Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan denied the nation's economic crisis was his fault on Thursday but conceded the meltdown had revealed a flaw in a lifetime of economic thinking and left him in a "state of shocked disbelief."Greenspan, who stepped down in 2006, called the banking and housing chaos a "once-in-a-century credit tsunami" that led to a breakdown in how the free market system functions. And he warned that things would get worse before they get better, with rising unemployment and no stabilization in housing prices for "many months."
A flaw!?
Are you fucking kidding me!!!!???? Are you fucking kidding me!!!!!!!!!???????????? Are you fucking kidding me!!!!!!!!!???????????? You think your only on the hook for a flaw?
You were the Chairman of the Federal Reserve from 1987 -2006, and this WASN'T your fault? Sure, there are other assholes--President Bush comes to mind--that had a hand in this complete and utter failure on America's leaders to regulate Wall Street, but to say you weren't at least partly at fault here means you think we have sex with picnic tables, and a little gerbil runs round and round on a wheel inside our heads.
The level of ignorance emanating from our current leaders in Washington is astounding. You blew the biggest disaster in American history since the molasses flood of Boston. Hell, I would've rather been up to my eyeballs, choking on molasses, then have to see my 401K dwindle down to the amount of hair you have on your head - zero! At least molasses doesn't lie through its teeth.
I am so sickened by this statement that I can't even write anymore. Thanks a lot, assbag. If you wouldn't mind jumping out of a plane without a parachute that would be fine.
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