At the Politico, Ben Smith dredges up this quote from Hillary about why she wants to appoint Greenspan to a commission to deal with the housing crisis:
“Not only that, but the Fed didn’t act while he was there. But he has a calming influence still to this day on Wall Street — don’t ask me why because I never understand what he’s saying — but nevertheless people respond to that Delphic oracle approach. I think it would be wise to include him. And recently he’s come out and very smartly so that we have to deal with housing and maybe we need to have some kind of buyout mechanism for mortgages. So he’s moved on his understanding and depth of the problem — but you know you could pick three others.
Boy, that inspires confidence, no?






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