Greenspan: They Missed Meltdown, Could Miss Again - Page 1 - Bill Tatro - Townhall Finance: "Very rarely do I watch the cheerleaders and spinmeisters on CNBC.
I used to be hooked like most, but got turned off by the daily walk in fantasyland and liberal political posturing.
Much to my surprise, I found myself glued to a recent interview with the maestro, Alan Greenspan, on none other than CNBC.
Shockingly, I found an ally regarding my economic thesis and approach to the financial markets.
As you know, I believe that THINGS are not improving.
As a matter of fact, they’re sliding deeper and deeper into the abyss. (Thus, preservation of capital is paramount.)
However, most economists’ models show just the opposite.
The Keynesian approach would have you believe that “God’s in His heaven and all’s right with the world.”"
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