digital emunction | a multiauthor blog founded and edited by robert p. baird

And on a Related Note

Kudos to Paul Krug­man for rec­og­niz­ing how silly it was for Hillary Clin­ton to sug­gest bring­ing Alan Greenspan back to address the cur­rent crisis. After his column ear­lier this week I’d begun to wonder if he’d ever allow him­self a word against her. Appar­ently so:

OK, this is pretty dumb. Hillary Clin­ton wants a high-​level com­mis­sion to ana­lyze ways to resolve the mort­gage crisis — includ­ing Alan Greenspan.

Yes, I know people still listen when Greenspan speaks — and John McCain once joked about taking Greenspan’s advice even if he’s dead. But for those in the know, AG is a key vil­lain in the whole affair.

I mean, why not add Charles Prince, Stan­ley O’Neal, and Angelo Mozilo to the commission?



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