Out of Greenspans own mouth, his own words - He admits the Banks have been committing Fraud! Bernanke sits next to him, not saying a word!
Showing posts with label alan greenspan. Show all posts
Showing posts with label alan greenspan. Show all posts
Wednesday, November 10, 2010
Monday, October 11, 2010
Iceland's Former Prime Minster Geir H. Haarde, Indicted for Economic Mismanagement during Financial Crisis! First Political Leader to be Indicted for Such a Thing!
WOW - Iceland's Former Prime Minster Geir H. Haarde, Indicted for Economic Mismanagement during Financial Crisis! First Political Leader to be Indicted for Such a Thing!
This is Huge, IMO!
A Political Leader of a Country is being INDICTED for Economic Mismanagement! I commend the Parliament of Iceland for doing this!
Now I wonder how many other Political Leaders will have the same thing done to them? But, I won't hold my breath, Iceland was the First country to go down. They did so on Oct. 7th 2008.
It sure is nice one country is holding their political leader accountable for the financial mess it is in. Now, if we could just do the same thing with Bernanke, Greenspan and the Whole U.S. elected officials for doing the same to the U.S.!
This is Huge, IMO!
A Political Leader of a Country is being INDICTED for Economic Mismanagement! I commend the Parliament of Iceland for doing this!
Now I wonder how many other Political Leaders will have the same thing done to them? But, I won't hold my breath, Iceland was the First country to go down. They did so on Oct. 7th 2008.
It sure is nice one country is holding their political leader accountable for the financial mess it is in. Now, if we could just do the same thing with Bernanke, Greenspan and the Whole U.S. elected officials for doing the same to the U.S.!
Friday, September 17, 2010
Greenspan Admits Fiat Money Going to Gold and it is Canary in Coal Mine to CFR on Sept 15th
Former Federal Reserve Chairman Alan Greenspan admitted to the CFR (Council on Foreign Relations) that Gold is the Canary in the Coal Mine and Fiat money is going to it. He also said it is different from other commodities!
That central bankers should be doing what these columns, among others, have been rattling on about, namely that they should be paying attention to gold. “Fiat money has no place to go but gold,” the former Fed chairman said at the Council.
Said the former Fed chairman: “If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.”
This should make some pay attention, now that Greenspan is even saying "Gold is where it is at".
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