I just rush-read the transcript of Greenspan's (and Klein's) interview by Amy Goodman on Democracy Now. I was also tempted to do Monday morning quarterbacking, but I find Goodman's show to be -- very consistently -- great. (Producing a daily Democracy Now must be very tough. And Klein did what she could under the format.)
FWIW, I wonder whether Doug could (did?) invite Greenspan and have him on his show along with one of the following: - Paul Krugman (re. taxcuts for the rich and inequality), - Joseph Stiglitz or Dani Rodrik (re. "free markets" and "globalization"), or - James Galbraith (re. inequality). Re. the Bernanke part of the subject line, there's an interesting piece by Martin Wolf in today's FT. Here: http://www.ft.com/cms/s/0/9c0a6592-6b81-11dc-863b-0000779fd2ac.html As Wolf suggests, the yield curve is showing the limit of the Fed's power. Wolf heads his column with a quote from Greenspan. Regrettably -- says Greenspan -- the Fed is not god.
