“Greenspan advised the American people to buy - he repeated the old mantra: 'spending is patriotic'. He also managed to convince them that if they did not have the money, that shouldn't stop them. They would 'pay later'. To a certain extent he was correct, we are all having to 'pay later'... we may even never stop paying.”
Gilad Atzmon“Greenspan advised the American people to buy - he repeated the old mantra: 'spending is patriotic'. He also managed to convince them that if they did not have the money, that shouldn't stop them. They would 'pay later'. To a certain extent he was correct, we are all having to 'pay later'... we may even never stop paying.”
Gilad Atzmon, The Wandering Who? A Study of Jewish Identity Politics“it was Greenspan who through some excessive deregulation prepared the monetary ground for the rise of the subprime mortgage companies: a lending market that specialises in high-risk mortgages and loans.'Innovation', said Greenspan in April 2005, 'has brought about a multitude of new products, such as subprime loans and niche credit programs for immigrants'.It is almost touching to find out that Greenspan cares so much about immigrants.”
Gilad Atzmon, The Wandering Who? A Study of Jewish Identity Politics“A few years back, an American Jewish feminist academic sent me a request for an interview... The professor presented herself as a `gender scholar`, another postmodernist discipline that fails to inspire my intellect. However, I was curious to see what a person who happens to be academically qualified in being a woman might come up with.”
Gilad Atzmon, The Wandering Who? A Study of Jewish Identity Politics