- Become Fed Chairman
- Lower interest rates until you create an asset bubble. Hold them low until stagflation is in the air and a real estate bubble is floating
- Stop being Fed Chairman and release a book on how you didn’t do anything wrong and have no regrets. If possible, time it perfectly with the worst real estate market in generations
- Join the hedge fund which has profited more in % and dollar terms than anyone else has from your mess (which you didn’t create)
- Build a platinum statue of your muse, Ayn Rand, and sleep with it every night
It also helps if you are mostly unethical.
Addendum: Look at this quote from Greenspan from the WSJ’s Real Time Economics:
“Q: All three of your clients — Pimco, Deutsche Bank and now Paulson — were bearish early on housing and mortgages. Is there a connection?
A: I hadn’t [noticed] until you just raised the issue.”
Greenspanspeak is code for self-serving disingenuousness.
Related Reseach:
- Dear Greenspan, Please Shut Up
- The Llama of Lame
- Bernanke in Pictures
- The Ring of Greenspan
- Four Simple Steps to Becoming a Thousandaire
- Four Simple Steps to Becoming a Billionaire
- Is There a Bubble in Housing Bubble Blogs?
More Related Research:
What legal process exists to censure, penalize, or otherwise punish the current or retired chairman of the Fed?
Steps 2-5 seem easy, but I will need some pointers on getting in a place for step 1. Does it help that I love inflation?
greenspan is a crook. he was likely advising paulson this whole time but only “accepted” the job now that it would not look like he was profiting from this. what a piece of shit!!!
Who is John Galt?
Who is Any Rand?
The fed is a scam and fiat money is unconstitutional. Think people!
Getting the CEO job at Countrywide looks like a good payoff. Three names I believe, we would all like not to hear in the future…..Paulsen, Bernanke and Bush. Good luck all of you with money stuck in the stock market. TC
Alan just pulled the same con-job as James Taggert. Buy tons of stock in a copper mine and then join the gang that nationalizes it, right before it officially happens sell your stocks.
greenspan is a genius. you guys just dont get it. inflation is way below anything we saw in the 70s.
Hah. Another schmuck perpetuating the lie.
don’t fall for those CPI figures so expertly massaged down to hide the rampant inflation.
A quick change of numeraire to the canned-tomato index proves beyond doubt that Greenspan is a student of Mugabe.
All hail the king of Zimbabwenomics!
Now, about my above inflation pay-rise..
That’s awesome.
You’d think Easy Al would sign up with one of these sovereign wealth funds.
Why get a bronze doll when he probably already had an Ayn Rand made by these guys http://www.realdoll.com/
Inflation is way lower now than in the 70′s thanks to Paul Volcker, not Easy Al.
I told you so
$
Photoshop idea:
Age of Turbulence cover with “If I Did It” Title
Johnny:
Email me, I lost your address.
Where is Paul Volker in all this? If only he had spoken up more.