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In reply to the discussion: Pic Of The Moment: S&P Breaks 2,000 For The First Time [View all]Spitfire of ATJ
(32,723 posts)7. Greenspan was a fan of the Stock Market....
He SHOULD have been a fan of the Bond Market.
He was a creature of the 70s when inflation was all the rage and he was still fighting that war but he bought the Reagan Era LIE that inflation was all Carter's fault. It really started under Nixon and ran through the Ford years with Carter ending it just in time for Reagan to take credit. You could tell that he bought the whole "tax and spend Liberal" crap.
Clinton and Obama's measure of success is to show the rich they can be richer with Democrats than Republicans.
The rest of us are supposed to be their cheerleaders for that goal.
Because what makes America great is we have the richest rich people in the world.

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It was really Carter who was responsible for bringing inflation under control....
lastlib
Aug 2014
#36
Yeah just after I posted that I ran across an article on the shortage if truckers
underpants
Aug 2014
#14
And to think that to make this possible, all the American people had to put up w/ was having
truedelphi
Aug 2014
#11
I'm sure Fergusons of the nation appreciated the day off in celebration, oh wait... I forgot
whereisjustice
Aug 2014
#28
The graph says it all . Can you imagine the economy now if the Rethuglicons had not tried to
geretogo
Aug 2014
#16
He is going to run again and with Koch money he could steal the presidency like they've stolen the
geretogo
Aug 2014
#41
It's a shame that the fuss about Wall Street earnings is more important than the Middle Class.
truedelphi
Aug 2014
#18