1 Dec 01:06
Re: New U.S. Mortgage Crisis Looms
S. Artesian <sartesian <at> earthlink.net>
2008-12-01 00:06:16 GMT
2008-12-01 00:06:16 GMT
While Volcker makes me puke, as I'm sure he makes Mark and the whole list puke, I don't know why Gary is so surprised by the warm reception Volcker has received, and that the Marxists aren't running through the streets telling everyone, based on this selection, "See, we told you so.." He was Fed chairman under Reagan and given the exalted status Reagan has with both parties, Wall Street, Main Street, Kansas and Connecticut, it don't think it surprised anyone in the US that he would be a voice in the formation of economic policy. Now if Obama had selected that equivocating, obfuscating hack Greenspan, now that would have been a surprise. There is no point to attacking Volcker for his appointment now, as if appointing somebody else would make a bit of difference. Or...we can put this another way--the attack on Volcker for what he did to the US in the 1980s; to Africa; to Latin America is no more and no less warranted than attacking Geithner, Summers, Gates, etc. ----- Original Message ----- From: "Gary MacLennan" <gary.maclennan1 <at> gmail.com> To: <sartesian <at> earthlink.net> Sent: Sunday, November 30, 2008 5:59 PM Subject: Re: [Marxism] New U.S. Mortgage Crisis Looms ________________________________________________ YOU MUST clip all extraneous text when replying to a message. Send list submissions to: Marxism <at> lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/marxism%40gmane.org(Continue reading)
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