April 08, 2010

Remember when Conservatives Demanded People Be Accountable for their Actions?

Hearing Alan Greenspan's excuses that he couldn't have done anything to stop the Wall Street marauders from overrunning main street because Congress(!) would have stopped him sure does make me angry.

Evidently the masters of the universe are all powerful until they have to admit they screwed up.

And to cap it off, Greenspan whined he was only wrong 30% of the time. So when should anyone be held accountable for their bad decisions?

It's like General Custer saying, "Give me a break. I only made one mistake. All the rest of the time I was doing just great." So what?

All the people whose lives were ruined by Uncle Alan's tiny misjudgment and failure to do something about the rampant fraud might not think it was such a little deal after all.

Posted by Mary at April 8, 2010 12:18 AM | Economy | Technorati links |
Comments

I couldn't agree more. It is shocking that Greenspan is getting let off the hook this easy. There used to be such a momentum to get rid of these bad economic policies but now it seems like it's straight back to business as usual. We'll all be kicking ourselves (again) in ten years time.

Posted by: Sarah at April 11, 2010 02:35 PM