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Monday, August 08, 2011

Quotation of the Day

Our occassional feature, your Quotation of the Day, comes to us from The Center For Economic and Policy Research, via A Spork In The Drawer:

Former Federal Reserve Board chair Alan Greenspan shared his wisdom on Face the Nation yesterday. His wise words were presented in the top of the hour news segment on Morning Edition.

Greenspan is best known for being unable to see the $8 trillion housing bubble, the collapse of which wrecked the economy. Given Greenspan's obviously limited understanding of economics, one wonders if Face the Nation and NPR were unable to find a street drunk to share their views.


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