Quantcast

Latest Alan Greenspan Stories

2011-07-13 14:53:00

Video available from talks with Alan Simpson, Hank Paulson, Sheila Bair, and others ASPEN, Colo., July 13, 2011 /PRNewswire-USNewswire/ -- Experts and leaders shared their views on the debt and deficit reduction at the 2011 Aspen Ideas Festival, including Alan Greenspan, Henry Paulson, Robert Rubin, Sheila Bair, and Alan Simpson. Highlights and full session embeddable videos are available at http://www.aifestival.org/blog/deficit-and-debt-ceiling-4-must-see-video-clips. Highlights:"I...

2011-05-04 16:55:00

WASHINGTON, May 4, 2011 /PRNewswire/ -- More than 50 years after Ayn Rand's Atlas Shrugged debuted as a controversial New York Times bestseller, the novel again is at the top of the charts. USA Today and Amazon recorded large sales spikes with the theatrical release of Atlas Shrugged Part 1. Critics -- including most liberals and even many conservatives -- have damned the film and the novel, while audiences have loved both. Among the book's diverse fans are Alan Greenspan, Angelina Jolie,...

2011-03-03 23:39:55

In an article to be published in the forthcoming issue of International Finance, Dr. Alan Greenspan, former chairman of the Federal Reserve, issues a major analysis of the U.S. government's economic recovery and reform efforts since the collapse of Lehman Brothers in September 2008. Greenspan calculates that long-term fixed corporate investment "is now at levels, relative to cash flow, that we have not experienced since 1940." This shortfall, he explains, accounts for much of the tepid...

2011-02-25 06:15:00

WINTER HAVEN, Fla., Feb. 25, 2011 /PRNewswire/ -- Economist and author Allen W. Smith, Ph.D. believes that former Fed Chairman, Alan Greenspan, bears a lot of responsibility for the Social Security funding problems that the nation faces today. Greenspan was instrumental in getting the 1983 payroll tax hike enacted into law, and he then watched silently as the Reagan administration siphoned the surplus revenue into the general fund, where part of it was used to replace the lost revenue...

2010-11-08 06:23:00

WINTER HAVEN, Fla., Nov. 8, 2010 /PRNewswire/ -- When his book, "The Looting of Social Security: How The Government is Draining America's Retirement Account," was published by a New York publisher in 2004, economist and author, Dr. Allen W. Smith, thought his long battle to expose the truth about the Social Security trust fund was almost won. But that book met with foul play and was removed from the market before many people had the opportunity to read it. Early reviews revealed just how...

2010-04-06 16:42:00

BRAINTREE, Mass., April 6 /PRNewswire/ -- WHO: Former Federal Reserve Chairman Alan Greenspan WHAT: Financial Crisis Inquiry Commission (FCIC) hearing. WHEN: 9 a.m., EDT, Wednesday, April 7, 2010 WHERE: Rayburn House Office Building, Room 2123, Washington, D.C. TOPIC: Subprime Lending and Securitization and Government-Sponsored Enterprises (GSEs) - Day 1 Alan Greenspan will be questioned by the Financial Crisis Inquiry Commission on April 7, 2010. Phil Angeles, Commission chairman...

2010-04-05 10:37:00

WASHINGTON, April 5 /PRNewswire-USNewswire/ -- Congressman Chaka Fattah (D-PA), Chairman of the Congressional Urban Caucus, issues the following statement on the upturn in the U.S. economy, and on unfair criticism of that news: "The United States economy is turning the corner, with the strongest job-growth in years and more good news today in housing and the service sector - but not if you're tunnel-visioning Brit Hume and Fox Republican News. "Hume went on TV Sunday to accuse the Obama...

2009-11-11 16:30:00

LAFAYETTE, La., Nov. 11 /PRNewswire/ -- How did our economy come so close to collapse? How did we lose jobs, homes and retirement funds? Ordinary people are angry that they are suffering the grievous effects of the worst economic downturn since the Great Depression -- and they want an explanation about how it happened. "They aren't getting answers from the big banks that created this mess, the ones that were bailed out with taxpayer dollars, and they aren't getting it from the government...

2009-08-30 22:37:48

Conventional measures of the U.S. recession may be no more accurate than the underwear index, which charts sales of men's underwear, a consumer researcher said. The theory suggests that sales of men's underwear are stable -- as are sales of other necessities -- but during financial downturns sales drop off. It's a prolonged purchase, Marshal Cohen, senior analyst with the consumer research firm NPD Group told The Washington Post. It's like trying to drive your car an extra 10,000 miles. The...

2009-03-19 12:07:50

Historian Thomas Woods claims the current financial crisis can be squarely pegged as the result of bad policy and the actions of the U.S. Federal Reserve. Woods's new book, Meltdown, A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse, says the government created the housing bubble through lenient policies granted the Federal Home Loan Mortgage Corp. and the Federal National Mortgage Association, CBS News reported Thursday....


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.