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Discuss Greenspan Interviews and Book at the Politics & Religion within the Wrestling Talk Forums; I don't necessarily agree with all his views, I just think he is an interesting ...
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    Default Greenspan Interviews and Book

    I don't necessarily agree with all his views, I just think he is an interesting figure. He reminds me of myself in a way (of course he's way smarter).

    Points he's made in two TV interviews, presumably also covered in his book (numbered in case anyone wants to discuss specifics):

    1. He describes himself as a libertarian (i.e., believes in free markets).

    2. He evidently is really into music (I didn't know) and surmised that mathematical types (like him), have an affinity for Mozart and Baroque music. I wonder what Lkwd Steve or RYou (other mathematical types) would say to this.

    3. He has, and will continue to be, engaged in a life-long process of learning.

    4. Said he used to be logical positivist--which he described as an extreme form of empiricism--before Ayn Rand changed his thinking on this. Spoke mostly of her in positive terms although suggesting in hindsight that she was inconsistent on some things (without being specific).

    5. Described Richard Nixon as having dual personalities (this was a surprise to me)--one very smart and competent (my word)--the other hateful. Greenspan said Nixon had a deep-seated hatred for a lot of people, not just Jews. He also said Nixon swore profusely.

    6. Described Gerald Ford as a pretty normal guy (we all knew this).

    7. Said something to the effect that Bush and Cheney believed Sadaam had WMDs and was a threat because of these (I say bs).

    8. Knew Cheney and Rumsfeld from way back at least to the Ford Administration, and liked them. In his sometimes vague manner, alluded to the idea that they made serious mistakes in Iraq.

    9. Justified our taking out Sadaam, because he was a threat to our oil supply. Talked a great deal about how disruptive Sadaam or anyone could be to our economy if oil were cut off.

    10. (To critics of the Fed) pointed out that the Fed is an independent agency (supposed to be free of political influence).

    11. Seemed to say the primary purpose of the Fed was to control inflation. Clearly that was his goal as Fed chief (isn't inflation the bane of anyone with wealth?)

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    Default Re: Greenspan Interviews and Book

    A video of the interview with Charlie Rose (much better than 60 minutes in my view) can be found here.

    In the article below, Greenspan is noted to criticize the Democrats from getting away from globalisation.

    The article also implies that Greenspan and Bush were at odds. They may have been at odds on spending, but they were, and are, in lockstep for their support of globalisation (which clearly is to the benefit of large multinational corporations and it is they who are pushing for this).

    http://news.yahoo.com/s/nm/20070923/...a_greenspan_dc

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    Default Re: Greenspan Interviews and Book

    They may have been at odds on spending, but they were, and are, in lockstep for their support of globalisation (which clearly is to the benefit of large multinational corporations and it is they who are pushing for this).

    Clone, there is a lot more to globalization than just this though, right? The list of beneficiaries from globalization is fairly long, and I find it questionable whether multinational corporations reap the greatest benefit. I don't want to get into a huge debate about it, because people like Stiglitz have made the case much better than I, but in my opinion, the benefits of globalization far outweigh the drawbacks.

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    Default Re: Greenspan Interviews and Book

    the benefits of globalization far outweigh the drawbacks

    Short term for America of course.

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    Default Re: Greenspan Interviews and Book

    Quote Originally Posted by Big View Post
    the benefits of globalization far outweigh the drawbacks

    Short term for America of course.
    OK, if we're going with glib today: "Long term for all involved, of course".

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    Default Re: Greenspan Interviews and Book

    Quote Originally Posted by Flop The Nuts View Post
    They may have been at odds on spending, but they were, and are, in lockstep for their support of globalisation (which clearly is to the benefit of large multinational corporations and it is they who are pushing for this).

    Clone, there is a lot more to globalization than just this though, right? The list of beneficiaries from globalization is fairly long, and I find it questionable whether multinational corporations reap the greatest benefit. I don't want to get into a huge debate about it, because people like Stiglitz have made the case much better than I, but in my opinion, the benefits of globalization far outweigh the drawbacks.
    You reasonably argue that globalisation benefits more than just large multinational corps. Yet there is considerable debate over whether it is good policy overall. I was just making the point the multinationals benefit the most/are pushing for globalisation the most. Their position (if I may distill it in to one), is that capital should not be restricted in its movement or operation. This position buts up against notions of national soverignty (nationhood if you will) amongst other things.

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