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Message: Entry: Greenspan's Gambits Link: http://www.takimag.com/site/article/greenspans_gambits#5311 Post contents: This is a very interesting article which certainly covers a lot of ground with in-depth analysis. I think it could be argued that Greenspan did exactly what he was hired to do with his monetary policy. He kept the US economy afloat, able to wage war throughout the world and at the same time satisfy the demands of the insatiably greedy American consumers. War and prosperity - that's the goal of the new world order, right? I would favor tight money and very high interest rates for decidedly non-economic motives - to force the US to abandon its attempt at world domination, as well as the consumerism so often condemned by recent popes. I think it was Richard Pryor who said that cocaine abuse was God's way of telling you that you have too much money. Wars in Iraq and central Asia, Britney Spears, and an endless stream of electronic gadgets are God's way of telling the American people as a whole that they have too much money. Sent at: 2008 11 22