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UPDATED: As our economy collapses, put the guy who let it happen in charge.

Can you imagine that Hillary Clinton is proposing putting Alan Greenspan in charge of fixing our mortgage crisis? I'm all for forcing the man into doing community service for the rest of his life, but how about picking up litter on the sides of the highways instead of running an agency where his incompetence can once again screw us over.

This may be pushing it a bit too much (i tend to be attracted to the most apocalyptic doomsayers), but we're going to be in big trouble for the next few years, and if the best our presidential candidates have in mind is handing the keys back to the people who got us here, things will be bad.



So the Daily News asked, why Greenspan, that wasn't he off-base on the housing bubble, and here was her response:

"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."

Awesome. Do any of our presidential candidates understand economics?

By fnord12 | March 24, 2008, 3:07 PM | Liberal Outrage