Category — Greenspan

Yesterday was the day wished forgotten by that misbegotten collection of pseudo-economists we elected to congress and the Presidency.

Yes, in 2003,  Bush signed the bill overwhelmingly passed by Congress.

Greenspan cut interest rates to 1% to stimulate home ownership.

Amazing! That worked so well in the past five years, we’re going to do it again.

Whorehouse Harry Reid and his House Madam, Pelosi just pimped up another massive Viagra Bill for housing and Bush, on his spavined nag, signed it, as he rides off to Crawford.

Bernanke dropped rates to 1% again.

On Tuesday, we have an avowed communist (in his own words, he redistributed candy in first grade) who doesn’t know the difference between a dividend and a doughnut and someone who wasn’t smart enough to steer clear of the S&L debacle.

Did someone forget to change the reel in this movie?