Greenspan: Bernanke sucks!
CNBC’s Maria Bartiromo landed an exclusive interview with this century’s most prolific serial killer, Alan Greenspan. You wouldn’t believe the balls on this guy. He single-handedly destroys the U.S. economy, and then has the nerve to dump on the poor incompetent doofus brought in to clean up his mess.
The Federal Reserve’s massive stimulus program had little impact on the U.S. economy besides weakening the dollar and helping U.S. exports, Federal Reserve Governor Alan Greenspan told CNBC Thursday.
In a blunt critique of his successor, Fed Chairman Ben Bernanke, Greenspan said the $2 trillion in quantative easing over the past two years had done little to loosen credit and boost the economy.
“There is no evidence that huge inflow of money into the system basically worked,” Greenspan said in a live interview.
No shit, Sherlock. And dumping water on Fukushima doesn’t work either.
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