Jesse's Café Américain

Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said

Showing posts with label Alan Greenspan. Show all posts
Showing posts with label Alan Greenspan. Show all posts
15 March 2013

Greenspan: No Irrational Exuberance, Stocks 'Undervalued' - The Rake's Progress

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  “I recognise that there is a stock market bubble problem at this point , and I agree with Governor Lindsey that this is a problem that we ...
12 May 2012

JPMorgan Used Political Influence With Fed and Treasury to Create London Loss Loophole In Volcker Rule

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"It is impossible to calculate the moral mischief, if I may so express it, that mental lying has produced in society. When a man has s...
10 May 2012

Michael Hudson and Pierre Rinfret: The Myth of Alan Greenspan

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Although he is now passed away, and his internet site has been discontinued, economist Pierre Rinfret published some rather pithy descr...
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