Touchy, touchy. It must really suck when everyone else already sees the truth.
"What is fairly clearly the case from the data, is that if adjustable rate mortgages weren't available, the purchases (of homes) still would've occurred," he said.
Um, OK, but what about the rate cuts? And to say that the Fed was a helpless little lamb is absurd. If Greenspan spoke up, people who have at least listened but no, he chose to go along with whatever Wall Street wanted just as Bernanke is doing today.
