Alan Greenspan appeared before a Congressional Committee today to talk about what he knew regarding the financial crisis that has supposedly engulfed the nation.
Greenspan noted a "flaw" in his "free-market" approach to economic policy during his time as Chairman of the private corporation at the Federal Reserve.
The flaw that Greenspan refers to is exactly in line with what we have been predicting for quite some time. Greenspan's policies were certainly flawed during his tenure at the "Central Bank" but it was not free-market economics driving the economy.
The United States economy has been driven by artificial bubbles since the early 1980's when Paul Volcker subsequently destroyed the free-market through a series of interest rate hikes imposed supposedly to save us from the stagflation era.
From dotcom, to housing, to oil, to gold and now the dollar and food, these bubbles have been blown up and busted over and over.
Now Greenspan, the one worlder peddler in drag disguise is here to tell us that the free market did all of this. No it did not you traitor. Greenspan not only denounced his loyalty to the United States as soon as he retired from the Federal Reserve by accepting a key to the City of London and giving an oath to the queen, he has always owed his loyalties to the private banking families who wish to destroy American soverignty and set up their "utopian" empire run by them, and for them.
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