Alan Greenspan vs. Naomi Klein on the Iraq War, Bush’s Tax Cuts, Economic Populism, Crony Capitalism and More
In a Democracy Now!
In a Democracy Now!
exclusive debate, former federal reserve chairman Alan Greenspan and journalist Naomi Klein square off on the Iraq war, oil, President Bush tax cuts, social security, economic populism in Latin America, corruption and crony capitalism. Greenspan headed the central bank in the United States for almost two decades. He has written a new 500-page memoir titled, “The Age of Turbulence: Adventures in a New World.” At one point in the debate, Klein asks Greenspan, " The policies that you pursued—deregulation, privatization, free trade—have contributed to this extraordinary division of income that is really the fuel for this economic populism that you’re now denouncing. Aren’t you the one that has caused this crisis of faith in capitalism?" [includes rush transcript]
As the credit crisis continues to grow and the US dollar hits a new low, we turn today to the former Chairman of the Federal Reserve Alan Greenspan. Greenspan headed the central bank in the United States for almost two decades. He was first appointed to this position in 1987 by President Ronald Reagan. Greenspan retired in January 2006 after deciding the fate of national interest rates under four different Presidents. Dubbed “The Maestro,” he was widely regarded as one of the world’s most influential economic policymakers.
He has just written a new 500-page memoir. It’s called “The Age of Turbulence: Adventures in a New World.” Alan Greenspan joins us on the telephone. And we are joined in studio by journalist Naomi Klein, author of “The Shock Doctrine.”
Alan Greenspan, Chairman of the Federal Reserve from 1987 to 2006. His new memoir is “The Age of Turbulence: Adventures in a New World.”
Naomi Klein, award-winning investigative journalist, the bestselling author of “No Logo” and the co-director of “The Take.” Her latest book is called “The Shock Doctrine: The Rise of Disaster Capitalism.”
He has just written a new 500-page memoir. It’s called “The Age of Turbulence: Adventures in a New World.” Alan Greenspan joins us on the telephone. And we are joined in studio by journalist Naomi Klein, author of “The Shock Doctrine.”
Alan Greenspan, Chairman of the Federal Reserve from 1987 to 2006. His new memoir is “The Age of Turbulence: Adventures in a New World.”
Naomi Klein, award-winning investigative journalist, the bestselling author of “No Logo” and the co-director of “The Take.” Her latest book is called “The Shock Doctrine: The Rise of Disaster Capitalism.”
AMY GOODMAN: As the credit crisis continues to grow and the US dollar hits a new low, we turn today to the former Chair of the Federal Reserve, Alan Greenspan. Alan Greenspan headed the central bank in the United States for almost two decades. He was first appointed to this position in 1987 by President Ronald Reagan. Greenspan retired in January 2006, after deciding the fate of national interest rates under four different presidents. Dubbed “the Maestro,” he was widely regarded as one of the world’s most influential economic policymakers. He has just written a new 500-page memoir; it’s called The Age of Turbulence: Adventures in a New World.
Alan Greenspan joins us now on the phone. And in our studio we’re joined again by journalist Naomi Klein, author of The Shock Doctrine. We welcome you both to Democracy Now! Welcome, Alan Greenspan.
ALAN GREENSPAN: Thank you very much. I’m delighted
Alan Greenspan joins us now on the phone. And in our studio we’re joined again by journalist Naomi Klein, author of The Shock Doctrine. We welcome you both to Democracy Now! Welcome, Alan Greenspan.
ALAN GREENSPAN: Thank you very much. I’m delighted
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