ON CNBC NOW- Independent Bernie Sanders,Vt. rips Greenspan

Pallas180

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Tue Jul-15-03 10:41 AM
Original message

ON CNBC NOW- Independent Bernie Sanders,Vt. rips Greenspan

new one.

Congress questioning Greenspan on the Housing situation.
Greenspan says economy doing fine. Sanders tells him he's
out of touch with reality, 3 million people, 10% of workforce
out of work.

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Neutrino

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Tue Jul-15-03 10:45 AM
Response to Original message

1. and most of the 3,000,000 are probably home owners--

with huge Mortages--nobody in the Admin. ever acknowledges that.
A pattern of deception permeates the Bush Administration, and
I firmly believe that the Economic Indicators are tweaked.

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izzie

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Tue Jul-15-03 10:54 AM
Response to Reply #1

2. They are sort of nuts but recall who Greenspans 'teacher' was.

Rand

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Pallas180

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Tue Jul-15-03 10:57 AM
Response to Reply #2

3. SAnders was screaming at Greenspan. Greenspan answers this

is the best country in the world - Sanders yells, it is not,
Scandinavia has better health care for all, education for all,
economically bette for all.

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Neutrino

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Tue Jul-15-03 01:50 PM
Response to Reply #3

10. Greenie borrowing from Bush--'when in doubt use Patriotism--

to win an argument'. Day by day there is less of America.
With this critical level of Deficit--what's going to
happen if Bush starts another war? He'll "play it down"
cause he can't add anyway. Mr. Gentlemen's "C"!

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Pallas180

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Tue Jul-15-03 10:59 AM
Response to Original message

4. SAnders says he cant believe Greenspan says it doesn't matter

that in the past 2 years, 2 million manufacturing jobs
have been lost to China where people earn 30 cents a day.

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ramapo

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Tue Jul-15-03 01:40 PM
Response to Reply #4

9. He REALLY said that???

Greenspan actually said, as in quotes, that it doesn't matter?

It is very hard to believe he could say such a stupid thing.

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mikita

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Tue Jul-15-03 11:27 AM
Response to Original message

5. Bernie was so honest and passionate...

It was wonderful to hear some TRUTH for a change. (I'm always reminded of Jack Nicholson spitting out " .. you can't HANDLE the TRUTH!!!..."

I called Bernie's office to thank him (802-862-0697) and heard from his staffers that they've already gotten alot of grief. So if you heard him, liked it, and can afford the call, please support him on this...

If anyone knows where to look for the text of this exchange (presumably later today) I'd love to get it because it was powerful.

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burrowowl

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Tue Jul-15-03 12:53 PM
Response to Original message

6. Go Bernie

He tells it like it is

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MaineDem

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Tue Jul-15-03 01:01 PM
Response to Original message

7. This was wonderful to watch!

I don't remember seeing Greenie on the defensive as much as he was this morning.

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CBHagman

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Tue Jul-15-03 01:40 PM
Response to Reply #7

8. Ron Paul (R-TX) and Maxine Waters (D-CA) also...

...had a go at him. Sanders actually accused Greenspan of insulting Michael Castle (R-DE), too. It was a messy, messy hearing.

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Neutrino

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Tue Jul-15-03 01:52 PM
Response to Reply #7

11. I hate to say it, but Greenie is OLD and not in touch

with the issues that are unique in their complexity. His simple
remedies that have worked in the past won't work this time--and
he knows it.

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Bushfire

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Tue Jul-15-03 02:00 PM
Response to Original message

12. Greenspan really doesn't work for the US govt

The Federal Reserve is a consortium of various banks, including the Queen's bank of England. Interest on T-notes is their profit for printing greenbacks. JFK was known to be considering changing back the ownership to the US govt, but everyone probably knows that already. I'm glad they are giving him hell, but would hope that someone elected to represent us would bring up he doesn't answer to the US population just big money.

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