Who's Done More Damage, Bernard Madoff or Alan Greenspan?

The blame lies with Greenspan and the U.S. government who marketed these very home purchases and luxury items to the people that could not afford them. If people could not afford them like they couldn't BEFORE Greenspan, they would not have been able to purchase them. But Greenspan and the U.S. Government made them available to people who couldn't afford them for a reason, and that was to make money for themselves­.

There's a reason we prosecute drug dealers harsher than we prosecute drug users, the dealers are by far more despicable making personal profits off of other peoples wants, desires, and misery. Its the same thing here, Greenspan and the U.S. Government were the dealers of this bad economy and crisis. Sure the irresponsi­ble Americans should have abstained, but once the Government and the Fed got them hooked through "Free Money" policies, the rest is, as they say, sordid history.

There is a nice seat in hell waiting for Greenspan and his oddly shaped head...

Don't sleep.

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About Bernie Madoff
Read the Article at HuffingtonPost