Frankly, this particular capitalist needs castigation. This is where the overblown Libertarian economic nonsense meets the real world. The government isn’t the source of all of our problems. Sometimes it’s us.
The world isn’t that simplistic. Ayn Rand’s heroic kids playing pirates is a fun fantasy. When it leaves the bedroom, though, it ceases to be cute. You might want to try this on. This is a real good site for separating the truth from the myths. Another good one is the Market Ticker.
http://www.nakedcapitalism.com/2010/03/debunking-michael-lewis-subprime-short-hagiography.html
parsy, who wishes things really were that simple
Greenspan, as head of the government central bank Fed, was not acting like a “capitalist.” He was acting like a politician and motivate by political considerations.
Well said.
Great link. Reading it now.
DennyW.... thinking my cat has more common sense than than that superannuated libertarian hippie Alan Greenspan