One more reminder that Fix the Debt is a posse of self-serving pirates without financial acumen, save the uncanny ability to grab off for themselves as much as possible—and the rest of the United States be damned.
Dean Baker at truthout.com is properly outraged, if a bit understated, by the New York Times’s revelation of just who organized this demolition derby:
“Alan Greenspan will go down in history as the person who has done more damage to the U.S. economy and society that anyone who was not a foreign enemy. In fact the destruction he wreaked through his incompetence would also exceed the damage caused by almost all would-be enemies as well.”