Interesting he had no idea how bad it was, but knew it was going on, and still decided to leavea one of the most influential positions in the world immediately after.

I’ll have to re-read it. Maybe by didn’t know, he meant didn’t care.

Some believe today’s market slide… could have been slowed had the current Federal Reserve Chairman Ben Bernanke lowered interest rates like Greenspan did early in the decade.

I still don’t get this. Low rates got us here. Lowering them now, will only make things worse after the short-lived rally that comes as an immediate result.

People are out of money, out of equity, and out of credit to fuel our debt society any longer.