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Home Economics

Monday, September 17, 2007

Alan Greenspan served as Chairman of the Federal Reserve Board for nearly two decades. In his memoir, The Age of Turbulence, he describes his childhood in New York and early career as a jazz clarinetist, explains how he became an economist and entered public service, and shares his unique perspective on the evolution of the American economy.

Purchase The Age of Turbulence: Adventures in a New World at amazon.com.

Guests:

Alan Greenspan

Comments [12]

Occasional Observer from Local

Unfortunately, when Greenspan practices Home Ec, his home's the world. And he doesn't treat it as a rental.

Sep. 18 2007 06:07 PM
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Joe Corrao from Brooklyn

Lenny run out and get him a sandwich...dead air would be more truthful

Sep. 17 2007 12:35 PM
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Ryan from NJ

Has Mr Greenspan been asked why he spoke about the virtues of ARMs & then began raising interest rates almost immediately? This made getting ARMs an awful decision.

Sep. 17 2007 12:34 PM
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Chad Harris from Ridgewood, Queens

So he thinks it was cool to kill a 500,000-1 Million people? All these troops blood spilled???? For oil? Is he insinuating we were mislead into this war?

ASK HIM??????????

Sep. 17 2007 12:33 PM
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Chad Harris from Ridgewood, Queens

He is just back-tracking now but historically he will cover his butt.

Great job questioning him... right. GRILL HIM.

Sep. 17 2007 12:31 PM
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Ryan from NJ

What was the mechanism by which Saddam was going to interrupt the worlds oil supply in 2003? The man couldn't control his own air space.

Sep. 17 2007 12:31 PM
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Joe Corrao from Brooklyn

If Dick Cheney is his Old Friend...we are in trouble then...why don't u throw him a few more softballs Lenny...ask him about his grand kids...or about Mozart

Sep. 17 2007 12:29 PM
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AWM from UWS

Mr. Greenspan,

Is Africa on your radar?

The latest credit crunch did not have a negative effect on the entire world. The African capital markets, whose 2002 - 2006 Market Capitalization is up 389% and 2002 - 2006 Value Traded is up 439% have proven themselves uncorrelated to this mess.

Sep. 17 2007 12:21 PM
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Boris from New Jersey

Official inflation numbers remain very low. However, one has to live on the Moon not to see price increases. Can statistics provided by the US government be trusted? Another one on the same topic – why did Federal Reserve stop publishing money supply measures, like M3?

Sep. 17 2007 12:06 PM
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LevineJ from New Jersey

Mr. Greenspan:

Our largest costs -- Property Values, Health Care, Education -- have been inflating by 10-30% annually for at least a decade, while paychecks have increased relatively slightly or dropped.

So which is more risky, from the macro view:

1. inflation of paychecks (to match increases of the above costs),
or
2. the current solution, excessive borrowing?

Or do you recommend a third way.

Sep. 17 2007 11:24 AM
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Chad Harris from Ridgewood

Hi,

Can you please ask Mr. Greenspan about his comments concerning the primary goal of the Iraq War was for oil?

He was featured on 60 Minutes last night but it was not mentioned. I don't understand. This is NEWS.

Please I know from previous shows Brian Leher didn't want to talk about oil a few weeks ago.

It's the pink elephant.

Here is the link:

http://www.truthout.org/docs_2006/091707M.shtml

Sep. 17 2007 10:46 AM
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Superf88 from Joisey

As a free market lover, what crossed your mind when bankers and investors came to buy or sell billions in securities, etc. -- based on the girth of the briefcase you carried each time you announced the official government interest rate level?

By the way -- Where is that briefcase now? How much would you sell it for? Has it other magic powers or just the one?

Sep. 17 2007 07:39 AM
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