Alan Greenspan

In his 1981 inaugural address, former President Ronald Reagan said, "Government is not the solution to our problems; government is the problem." Nearly 29 years later, that still holds true according to CNBC "Mad Money" host Jim Cramer and former Federal Reserve Chairman Alan Greenspan. Both Cramer and Greenspan were guests on NBC's Dec. 13 "Meet the Press" and although neither was making a vain…

Who wrote the following?:"Societies in which the few are allowed to fatten themselves without limit on the labor of many are not just."A. Friedrich EngelsB. William AyersC. Michelle ObamaD. Timothy RuttenAny of the answers would make sense, but the headline kind of gave it away. It was Timothy Rutten of the LA Times who penned that immortal line in his column of today.  In doing so, Rutten echoes…

Former Federal Reserve chairman Alan Greenspan spoke with CNBC's Maria Bartiromo Thursday, and although a number of press outlets reported his concerns about the economy being close to a recession, his comments about high oil prices being a function of speculation and lack of supply went largely unnoticed.This boycott seems especially absurd as Congress is currently deadlocked on an energy bill…

If there was ever an obvious conflict of interest in economic reporting, this may very well qualify. NBC chief foreign affairs correspondent Andrea Mitchell evaluated the housing crisis solution proposals of both Democratic presidential hopefuls Sens. Barack Obama (Ill.) and Hillary Clinton (N.Y.) on the March 25 "NBC Nightly News." "Clinton was the first of the two to sound alarms about the…

You might disagree with how he slashed the Fed funds rate during times of economic turmoil as Federal Reserve chairman. You might have even disavowed him after showing his coziness with the Clinton administration throughout the 1990s. But after 18 years of public service, you can't deny that Alan Greenspan should have a shot in the private sector. However, despite media accolades through…

On Sunday's This Week, ABC's George Stephanopoulos pressed former Federal Reserve Chairman Alan Greenspan to agree on the wisdom of raising taxes. Stephanopoulos wondered “what would be wrong with letting the tax cuts for the top one percent expire?” and suggested that to “shore up” Social Security and Medicate that Congress “limit the tax cuts.” Citing a Congressional Budget Office study, “which…

The title of Laura Ingraham's new book is "Power to the People," and the conservative commentator paraded power of her own to burn in her smackdown with Chris Matthews on this afternoon's "Hardball." The bone of contention was Matthews's suggestion that former Fed Chairman Alan Greenspan had, in his new book, said that oil was the key to the Bush administration's decision to go to war in Iraq.…