On Feb 19, 3:23 am, F. George McDuffee gmcduf...@mcduffee-
associates.us wrote:
On Wed, 18 Feb 2009 18:38:46 -0600, "Libby wrote:

snip Answering a question after his speech on whether he would have done
anything differently during his tenure as Federal Reserve chairman to
try and prevent the housing bubble, Greenspan said, "I think it would
be desirable to find a way to suppress asset bubbles.

"But I am skeptical that it can be done."

snip
So the answer is to do nothing and watch the economy be driven
over the cliff????
-------------
"

Unka' George [George McDuffee]
-------------------------------------------
Greenspan may have been skeptical of Congress passing any legislation
to suppress asset bubbles. The housing bubble was at least in part
due to Congress trying to increase the numbers of poor that owned
houses.

Dan