I’ve read the following article written by Martin Crutsinger and Marcy Gordon regarding the questioning of former Federal Reserve Chairman Alan Greenspan by Congress’ House Oversight Committee. Here is one link to the article: http://www.baynews9.com/content/9/2008/10/23/395306.html?title=Greenspan%20denies%20blame%20for%20crisis,%20admits%20’flaw’ there are several other news organizations similarly quoted.
“”Greenspan, 82, acknowledged under questioning that he had made a “mistake” in believing that [...]
Posts Tagged as ‘economy’
October 24, 2008
Greenspan’s Folly
Filed under business, family, finance, life, philosophy
Tags: accountability, accountable, advocates, Alan Greenspan, avarice, bank, banker, banking, banking industry, blame, broker, business, closing, consumer, corrupt, corruption, cynicism, decay, decency, economics, economy, ethical behavior, ethics, Exchange, farce, finance, flock, folly, fraud, free market, get real, Golden Rule, greed, honesty, ingredients, John Q. Public, loan broker, MLM, moral decay, morality, morals, mortgage company, multi-level marketing, naive, obligation, philosophy, politics, power, property, rancid, responsibility, right, shareholders, sheep, shepherd, social narcissism, stock broker, stockbrokers, terms, title company, Uncle Sam, underwriter, wolf, Youtube
July 19, 2008
The Angst of Small Business in America
I’m a simple business owner–nothing fancy here. I own a small card and gift shop in a small Florida town in a decent sized strip center near the heart of town. It’s a great location, near the tourist areas, decent anchor stores. It’s even a half-price card shop, so folks are getting a bargain in [...]
Filed under Uncategorized
Tags: anchor store, angst, bad times, bargain, budget, business, card, consignment, credit card, customer, demographic, depression, economists, economy, Florida, gifts, loss, margin, plan, profit, recession, small business, tourist
