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: Point of LawGreenspan's case
By Walter Olson
Full post as published by Point of Law on April 09, 2008 (boomark / email).
Alan Greenspan's The Age of Turbulence
In my post of yesterday, drawn from the Pittsbugh Post-Gazette essay, I mentioned how Alan Greenspan's book, The Age of Turbulence, doesn't address predatory lending. In fact, readers searching for references to the many consumer law statutes the Fed interprets...
Price Stability
Just to continue with Friday's theme of this country's questionable monetary policy of the last 30 years I found an interesting passage in Alan Greenspan's book, "Age of Turbulence...
"The further backward you look, the further forward you can see."
Said Winston Churchill, quoted in Alan Greenspan's "The Age of Turbulence," which I was looking back at today. Doesn't it seem as though that new McCain ad was conceived as an illustration of the quote? The ad dips back into the past, showing, first, Churchill, and alternately races into the future.
Now, this is pretty brazen
I noted yesterday that NRA won its suit against Philadelphia. The judge struck down two portions of the city's gun ordinance, and as to three ruled that plaintiffs' didn't have standing to sue...
Judge Strikes Down Two Philidelphia Gun Laws, Lets Three Laws Stand
Source: Crime and Justice News, June 4, 2008.
"A Philadelphia judge has sided with the National Rifle Association and struck down city ordinances banning assault weapons and limiting handgun purchases to one a month, reports the Philadelphia Inquirer...
Hey, Greenspan, You're Not Helping
Alan Greenspan tries to distance himself from the current financial mess in remarks today. I read his remarks in the middle of the night and will give them another read later. Amidst the turgid prose he seems to blame the whole thing on poor credit risk models that don't take into account the oddities of human behavior...
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