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Topic: Alan Greenspan


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In the News (Sun 29 Nov 09)

  
  Greenspan Backtracks On Iraq War Oil Claim, The Skinny: Former Fed Chief Now Says Oil Wasn't The Reason For U.S. ...
Part 1: Alan Greenspan speaks with Leslie Stahl about his tenure at the Federal Reserve and admits that he did not foresee warning signs of a sub prime mortgage meltdown.
Federal Reserve chairman Alan Greenspan, 79, retires after 18½ years as head of the central bank.
The former Fed chief may think Hillary Clinton is "very smart" and that President Bush went to war for oil, as he told CBS News' 60 Minutes last night, but he's not any more thrilled with the Democratic Party than the Republicans, he told the Wall Street Journal.
www.cbsnews.com /stories/2007/09/21/the_skinny/main3284570.shtml   (1060 words)

  
  TomPaine.com - Alan Greenspan, Egalitarian?
Greenspan had, in effect, stumbled upon the core essence of egalitarian economic analysis: If everyone shares the same basic innate talent, then any society that ends up with huge gaps of income and wealth between equally hard-working people has somewhere along the line missed the boat—and needs fundamental rethinking.
Greenspan would go on to challenge, as the 1990s boom roared on, the smug assumption that Main Street had finally meshed with Wall Street, that 401(k)s had turned average Americans into one vast and glorious investor class, that higher share prices meant prosperity and good times for all.
Greenspan's worries reflect instead a longstanding strain of thought within economic orthodoxy, the fear that average people, if they come to feel that the wealthy have grabbed appreciably more than their fair share, will demand policy changes—on taxes, on trade, on business regulation—that threaten the pillars of economic orthodoxy.
www.tompaine.com /articles/2005/11/07/alan_greenspan_egalitarian.php   (0 words)

  
  Alan Greenspan - is an American economist and was Chairman of the Board of Governors of the Federal Reserve   (Site not responding. Last check: 2007-10-25)
Alan Greenspan is an American economist and was Chairman of the Board of Governors of the Federal Reserve of the United States from 1987 to 2006.
Greenspan was lauded for his handling of the Black Monday stock market crash that occurred very shortly after he first became chairman, as well as for his stewardship of the Internet-driven, "dot-com" economic boom of the 1990s.
Greenspan was nonetheless still generally considered during that time to be the leading authority on American domestic economic and monetary policy, and his active influence continues to this day.
www.visageimage.com /people_info/Greenspan_Alan.asp   (239 words)

  
 Biography of Former Federal Reserve Chairman Alan Greenspan
Biography: Greenspan was born in New York City to a Jewish family in 1926, the son of a stockbroker and a saleswoman.
Greenspan remained friends with Rand until her death in 1982, and was greatly influenced by her philosophy of Objectivism, the pursuit of economic self-interest to the exclusion of the interests of society as a whole.
Greenspan's term as Chairman of the Federal Reserve is set to expire in January 2006, and he is not eligible to be renominated to a sixth term in that position.
www.traderslog.com /alan-greenspan.htm   (649 words)

  
 [No title]
Alan Greenspan was chairman of the Federal Reserve, and one of the most powerful financial men in America, from 1988 until his retirement in 2006.
As chairman, Greenspan was largely responsible for directing U.S. national monetary policy; he is often credited with keeping inflation at historically low levels, and sometimes criticized for the boom-and-bust nature of the economy in dot-com era.
Alan Greenspan was born in 1926 in New York City, the son of a stockbroker and a saleswoman.
www.lycos.com /info/alan-greenspan.html   (594 words)

  
 Alan Greenspan Relationships plus Alan Greenspan and You
Alan Greenspan appreciates relationships in which his love partner allows him plenty of freedom and is not very emotionally demanding.
Alan Greenspan craves very intense, deep, emotional relationships, and would even prefer stormy, tumultuous relationships to ones that are smooth but lacking vitality and passion.
Even if his intentions are basically good, Alan Greenspan will find that his closest relationships are rather tumultuous affairs in which some rather unlovely aspects of his (such as jealousy and the desire to dominate or to be a victim) keep showing their faces.
www.topsynergy.com /famous/Alan_Greenspan.asp   (721 words)

  
 A Farewell To Alan Greenspan
If Alan Greenspan could stand in front of a TV camera today and say, "The economy is going down in a huge flaming pile just like the Hindenburg," the chances are good the economy would tank within the hour.
Greenspan eventually reversed his actions, conceding that the "new economy" was not as susceptible to inflation as he had first thought.
Greenspan took the reins before one of the worst economic crises in history, the crash of 1987, and by boldly slashing interest rates he kept the economy from sinking into a depression period like the one in which he was born.
www.investopedia.com /articles/06/farewellgreenspan.asp   (0 words)

  
 Alan Greenspan Summary
During the 1950s and 1960s Greenspan was a friend of author-philosopher Ayn Rand and a proponent of her Objectivist philosophy, which among other things advocates laissez-faire capitalism as a social and politico-economic philosophy.
Greenspan was sometimes so hard to understand that the Motley Fool radio show included a game called "What Did the Fed Chief Say?", where contestants were challenged to interpret snippets of Greenspan's speeches.
Greenspan's term as a member of the Board ended on January 31, 2006, and Ben Bernanke was confirmed as his successor.
www.bookrags.com /Alan_Greenspan   (2619 words)

  
 Alan Greenspan / Biography
Greenspan took office June 20, 1996, as Chairman of the Board of Governors of the Federal Reserve System for a third four-year term ending June 20, 2000.
Greenspan was born on March 6, 1926, in New York City.
Greenspan has also served as a member of President Reagan's Economic Policy Advisory Board, a member of Time magazine's Board of Economists, a senior adviser to the Brookings Panel on Economic Activity, and a consultant to the Congressional Budget Office.
www.cooperativeindividualism.org /greenspanbio.html   (460 words)

  
 Greenspan Renews Warning on Budget Deficits (washingtonpost.com)
But Greenspan, responding to questions during a Senate Budget Committee hearing today, said it was unfair for critics to ignore the warnings in his January 2001 congressional testimony that the surplus forecasts might be wrong, and his recommendation of some "trigger" mechanism that would limit tax cuts if certain budget targets were not met.
Greenspan reminded Sarbanes that both parties were proposing tax cuts at the time, when government economists forecast budget surpluses "as far as the eye can see." In May 2001, Congress passed a reduced form of President Bush's proposal, a tax cut worth $1.35 trillion over 10 years.
Greenspan called for "major deficit-reducing actions" and acknowledged that tax increases may be part of an agreement between the two parties.
www.washingtonpost.com /wp-dyn/articles/A6620-2005Apr21.html   (740 words)

  
 Alan Greenspan Biography | Encyclopedia of World Biography
Alan Greenspan was born in New York City on March 6, 1926, to Herman H. and Rose G. Greenspan.
Greenspan assumed his most important public position on August 11, 1987, replacing Paul A. Volcker as chairman of the Board of Governors of the Federal Reserve System (the Fed).
Greenspan had been criticized for raising interest rates at the first sign of inflation even when the economy had been slow and unemployment high, whereas Clinton believed in strong economic growth, even if it meant a small rise in inflation.
www.bookrags.com /biography/alan-greenspan   (1069 words)

  
 Alan Greenspan: Corrupted by Power or Schizophrenic Alchemist? by Eric Englund
Greenspan understands, as a servant of the state, that the health of the modern state is inextricably linked to how its fiat currency is managed.
On the other hand, considering that Alan Greenspan was a Randian and a fierce defender of the gold standard, one could argue that his present-day anti-gold mindset reveals that he has simply become schizophrenic.
If Dr. Greenspan starts reading books about animal husbandry, is spotted walking an ox, and reveals a secret formula for turning a sow’s ear into a silk purse, you’ll know that he has lost all touch with reality.
www.lewrockwell.com /englund/englund12.html   (0 words)

  
 Alan Greenspan: A Minority Report
Greenspan's real qualification is that he can be trusted never to rock the establishment's boat.
For Greenspan, laissez-faire is not a lodestar, a standard, and a guide by which to set one's course; instead, it is simply a curiosity kept in the closet, totally divorced from his concrete policy conclusions.
Alan is a long-time member of the famed Trilateral Commission, the Rockefeller-dominated pinnacle of the financial-political power elite in this country.
www.mises.org /freemarket_detail.asp?control=267&sortorder=authorlast   (574 words)

  
 Alan Greenspan
By raising rates by 0.25 per cent Alan Greenspan seems to have given markets second thoughts about the direction of the US economy, despite the Federal Open Market Committee (FOMC) playing down the threat.
Other commentators believe that Greenspan and the US economy have nothing to worry about at this stage of the recovery: gold and other commodity prices turned down suggesting to them that inflationary fears are exaggerated.
The problem is not Alan Greenspan or the US economy but the belief that interest rates can be successfully manipulated by central banks to bring about increased economic growth.
brookesnews.com /040507_alan_greenspan.html   (1271 words)

  
 Alan Greenspan News - The New York Times
Greenspan used monetary policy to steer the economy through multiple calamities and ultimately through one of the longest economic booms in history.
Alan Blinder, a professor at Princeton and a former vice chairman of the Fed who had a sometimes strained relationship with Mr.
If Alan Greenspan wasn’t intending to lend crucial support to the Bush tax cuts, he had ample opportunity to set the record straight when it could have made a difference.
topics.nytimes.com /top/reference/timestopics/people/g/alan_greenspan/index.html?inline=nyt-per   (1186 words)

  
 Alan Greenspan - Telegraph
The Telegraph is serialising the eagerly awaited memoirs of Alan Greenspan, who spent almost two decades at the helm of the world's biggest economy as chairman of the Federal Reserve.
In an exclusive interview with Edmund Conway, the Daily Telegraph's Economics Editor, Greenspan predicts a painful correction for the UK housing market and says the full impact of the credit crunch has yet to be felt.
Alan Greenspan has launched a stinging attack on George W Bush and Tony Blair.
www.telegraph.co.uk /money/main.jhtml?xml=/money/exclusions/hubpages/greenspan/greenspan.xml   (216 words)

  
 ALAN_GREENSPAN definition , Term Papers on ALAN_GREENSPAN by essay 411
Greenspan was lauded for his handling of the Black Monday stock market crash that occurred very shortly after he first became chairman, as well as for his stewardship of the Internet-driven, "dot-com" economic boom of the 1990s.
Greenspan is nonetheless still considered by many to be the leading authority on American domestic economic and monetary policy.
Greenspan mocked his own speaking style in 1988 when he said,"I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I said".
www.essay411.com /alan-greenspan.html   (0 words)

  
 USATODAY.com - 'Bigger-than-life' Fed chairman retires   (Site not responding. Last check: 2007-10-25)
In the more than 18 years Greenspan held the reins of the Fed, the economy enjoyed a 10-year economic expansion, the longest in history, and had just two brief recessions that were the mildest since World War II.
Greenspan took office on Aug. 11, 1987, and quickly faced the first of what turned out to be many challenges at the Fed. On Monday, Oct. 19, 1987, the Dow Jones industrial average plunged 508 points, or 23%, after falling for days.
Greenspan himself has said it's hard to identify a bubble in real time and has argued the Fed could not have stemmed the excitement about stocks without harming the overall economy.
www.usatoday.com /money/economy/fed/2006-01-30-greenspan-1a-cover-usat_x.htm   (1783 words)

  
 Greenspan sees modest recovery - Feb. 27, 2002
Greenspan said Fed policy makers expect economic growth in 2002 of between 2.5 percent and 3.0 percent, weaker than that usually seen in other recovery periods.
Greenspan said Fed policy makers expect the unemployment rate, currently at 5.6 percent, to rise to between 6.0 percent and 6.25 percent this year.
Greenspan also addressed the unfolding scandal associated with the bankruptcy of energy trader Enron, saying it could have an impact on the economy by creating uncertainty about the viability of other firms like it, but that impact likely would be minimal.
money.cnn.com /2002/02/27/economy/greenspan   (1157 words)

  
 Tax cut may work: Greenspan - Jan. 25, 2001
In testimony to the Senate Budget Committee, Greenspan declined to comment on President Bush's $1.6 trillion, 10-year tax cut plan, saying a decision on the size of a cut was best left up to Congress and the political process.
However, Greenspan played down the idea that tax cuts would provide an immediate boost to the economy, saying that tax reduction is appropriate as a long-term economic measure now because of estimates of a larger-than-expected federal surplus.
Greenspan said that if it became clear that politicians might be tempted to use the money for major spending initiatives, it would be better to cut taxes.
cnnfn.cnn.com /2001/01/25/economy/greenspan   (870 words)

  
 Stop Alan Greenspan
Greenspan has made it as clear as he ever makes anything that he plans to raise interest rates, again and again, until he slows the economy because he thinks that will prevent inflation.
Still Greenspan, and other economists, insist that rates must be raised because it is much more painful to overcome inflation than to prevent it.
Unless there are much clearer signs that inflation is upon us, this year might be one in which we should debate future economic policy rather than stick to obsolescent notions of keeping growth low and unemployment high to satisfy a pre-globalism theory of economics.
speakout.com /activism/opinions/4686-1.html   (999 words)

  
 Alan Greenspan - Uncyclopedia
Alan Greenspan is the Wizard of Oz, a former President of France and the father of DJ Tiesto.
Before becoming the President of France, Alan Greenspan was the greatest gambler ever to walk the Earth.
Alan Greenspan is one of the greatest bingo players to ever walk the earth.
uncyclopedia.org /wiki/Alan_Greenspan   (430 words)

  
 In Depth: Federal Reserve - Alan Greenspan - MIT Sloan School of Management
Greenspan is also criticized for not speaking out more forcefully against the Bush tax cuts.
Greenspan’s impact on the economy will continue to be measured in almost mythic proportions.
Share your thoughts on Alan Greenspan’s legacy and the future of the Federal Reserve under new Chairman Ben Bernanke.
mitsloan.mit.edu /newsroom/indepth-fed-greenspan.php   (512 words)

  
 Foolish Feature, Alan Greenspan and the Federal Reserve
Alan Greenspan, chairman of the Federal Reserve Board, has risen to power thanks to an unusual combination of intellectual rigor and political dexterity.
It is telling that Greenspan made the seemingly incongruous choice to attend The Juilliard School after high school, and played clarinet and saxophone in a traveling swing band as World War II was ending.
Although Greenspan's friends and colleagues suggest that his relationship with Rand's Objectivism was more of a flirtation than a real commitment, Greenspan remained part of the philosopher's circle until at least the late 1960s.
www.fool.com /Specials/2001/SpecialFed/WhoisGreenspan.htm   (701 words)

  
 Harry Reid Calls Alan Greenspan a “Hack” » Outside The Beltway | OTB
Reid ripped Greenspan during an interview on CNN’s “Inside Politics.” He said the Fed chairman has given President Bush a pass on deficits that have built up in the past four years and should be challenging Republicans on their fiscal policies, rather than promoting Bush’s plan to introduce personal accounts into Social Security.
I have long found Greenspan annoying, because he seems to have appointed himself the oracle of all things economic, when his job is merely to tweak monetary policy to prevent inflation and moderate recessions.
Matt Yglesias also agrees with me that Greenspan has done his actual job quite well and that “Insofar as people have complaints about the man, it overwhelmingly concerns his freelancing as a fiscal policy analyst.
www.outsidethebeltway.com /archives/2005/03/harry_reid_blasts_greenspan   (1047 words)

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