Comrade Greenspan

I always thought it was very strange (and very stupid) of journalists and other economic dumbells to call Alan Greenspan a “champion of laissez faire” while he was employed as a government central planner/price controller/regulator/Community Reinvestment Act welfare dispenser as chairman of the Fed. Here’s all the proof you need to know that Greenspan is in fact a socialist — he favors the nationalization of banks.

You can’t have real capitalism without private capital markets. What you have is socialism.

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10:19 am on February 19, 2009