Why do the media bother to talk with Alan Greenspan. This worthless Bushite flunky who helped cause the mortgage and financial crisis is bloviating about a 50% chance of a coming recession. 

The recession is here, dopey.  Just like the rest of the Bushite crew, he doesn't know what the hell he is talking about and only cares about protecting the rich while the common good be damned.

As I wrote in other posts,

"Bernanke, Paulsen, and good old Greenspan are choreographing a new tap dance that shows concern, when, in fact, they helped create the crisis by omission and commission."

"Alan Greenspan, who promoted adjustable rate mortgages (ARMs) when fixed rate mortgages are always the best and most prudent way to go. Greenspan, in his ignominious career, even sent a letter to the chairman of the Federal Home Loan Bank Board in 1984 "advising the regulator to exempt Charles Keating's Lincoln Savings and Loan, a Greenspan client, from harsh federal regulations about its investments."  Yes, that Keating of the Savings & Loan debacle which occurred in the 1980's under slaphappy deregulator-in-chief, Ronald Reagan and his administration."

Now, Greenspan is endorsing John Sidney McBush, who doesn't know anything about the economy, but was involved in the 1980's Savings & Loan Keating 5 scandal, the same Charles Keating who was a Greenspan client.

What a pair: Alan Greenspan, Ayn Rand acolyte and ideological Republican with failed convictions who has pushed the agenda of the far right, endorsing the  warmongering Republican presidential nominee, who, just like Dubya, clings to erroneous beliefs while not allowing facts to intrude; confessing that while he doesn't know as much about economics as he should, that he, McBush, does have Greenspan's book!

The American people have suffered through two terms of a failed, disastrous Bush presidency, they don't need a third term with the right wing damaging duo of McCain as president and Greenspan as economic adviser.