Skip to content

About that whole free market thing....nevermind

Dept. of Now He Tells Us:

Facing a firing line of questions from Washington lawmakers, Alan Greenspan, the former Federal Reserve chairman once considered the infallible maestro of the financial system, admitted on Thursday that he "made a mistake" in trusting that free markets could regulate themselves without government oversight.

In hindsight, maybe just telling folks there was some "irrational exuberance" wasn't enough.

I was out-of-pocket today, and as usual forget to announce that before that fact...Sorry. Stay tuned for new posts as well as our new feature here at Attytood: "Phillies Blogging for the Sole Benefit of Right-Wing Haters of Blogs."