>I've seen a surprising number of articles in the financial press --
>two -- saying that investors shouldn't blame Alan Greenspan for the
>hopeless mess the market's in.
>
>There's no question that any number of economic forces are beyond
>AG's control, but let's get real: No Fed chairman in my lifetime --
>not Arthur Burns, not even Paul Volcker -- has made the assiduous
>effort to promote a cult of personality that AG has. To me, this
>God-like image that he has so carefully cultivated is the most Ayn
>Randish thing about the man.
>
>So, no, Greenspan is not really responsible for the train wreck that
>characterizes the capital markets now. At the same time, I eagerly
>await a howling mob suspending the Federal Reserve Chairman from a
>tree by his withered genitals.
Is that a comment about Andrea Mitchell?
I read somewhere the other day that CNBC is now getting all kinds of email demanding AG's resignation. His rep has fallen faster than consumer confidence!
Doug