Alan Greenspan Jon Stewart Interview

Alan Greenspan, the former Chairman of the Federal Reserve Board and architect of the United States present housing bubble bust along with a few others, is busy these days on the talk show circuit promoting his new book, The Age of Turbulence.

In this interview Jon Stewart, of Comedy Central, asks quite a few insightful questions. As usual Greenspan tries as hard as humanly possible to seem like he is answering the questions without actually ever saying anything that makes any sense.

However, after receiving a reported cool eight million Dollars as an advance for his book I suppose that Alan Greenspan feels that he should live up to his end of the deal and try to sell at least a few copies.

The interview is well worth watching for Jon Stewards questions about free markets. Greenspan doesn’t seem too comfortable with that hot potato dropped in his lap.

The “Maestro” and his decisions as Federal Reserve Chairman don’t look as masterful now that we all have to live with the consequences of many of those decisions.  Greenspan needs to cash in on his book as soon as he can.  I have a feeling that within a year or two the American public is going to be blaming Alan Greenspan as one of the chief architects of a wide range of financial problems that will take us decades to resolve.

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