Amoung those responsible for the current economic crisis is "Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages."

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Very interesting, saying his 40 year economic worldview had a major flaw and that he was shocked to discover it so.

Might that flaw be in not realizing that, when faced with a moral choice, man (in this case bankers) will choose Greed rather than what is Right. Amazing, all those decades of brilliant economics yet no grasp of basic human nature.

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