Wednesday, September 24, 2008
Greenspan Explains The Economy
Melissa and I were watching the September 14 edition of ABC's "This Week" (we're a bit behind on our political shows), and were blown away by Greenspan's ability to clearly explain a very complex subject -- the U.S. economy -- without fearmongering, hyperbole, or partisanship. What's interesting is that so much of what the media tries to depict as evil or simply based on greed, provides real value to our economy and is necessary. Greenspan's discussion of short selling is a particularly good example. Here's the link (ABC doesn't allow you to embed videos).