{"id":330086,"date":"2010-02-17T07:43:00","date_gmt":"2010-02-17T12:43:00","guid":{"rendered":"http:\/\/firedoglake.com\/?p=67706"},"modified":"2010-02-17T07:43:00","modified_gmt":"2010-02-17T12:43:00","slug":"early-morning-swim-frontline-%e2%80%94-how-greenspan-rubin-and-summers-ignored-the-warning","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/330086","title":{"rendered":"Early Morning Swim: Frontline \u2014 How Greenspan, Rubin and Summers Ignored the Warning"},"content":{"rendered":"<p><div class='hitEmbed_none'><object width=\"350\" height=\"212\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/qP4d5paLECs&#038;hl=en_US&#038;fs=1&#038;color1=0x006699&#038;color2=0x54abd6\"><\/param><param name=\"allowFullScreen\" value=\"true\"><\/param><param name=\"allowscriptaccess\" value=\"always\"><\/param><embed src=\"http:\/\/www.youtube.com\/v\/qP4d5paLECs&#038;hl=en_US&#038;fs=1&#038;color1=0x006699&#038;color2=0x54abd6\" type=\"application\/x-shockwave-flash\" allowscriptaccess=\"always\" allowfullscreen=\"true\" width=\"350\" height=\"212\"><\/embed><\/object><\/div>\n<\/p>\n<p>From last night&#8217;s <a href=\"http:\/\/www.pbs.org\/wgbh\/pages\/frontline\/warning\/themes\/greenspan.html?utm_campaign=videoplayer&amp;utm_medium=fullplayer&amp;utm_source=relatedlink\">&#8220;Frontline&#8221;<\/a>:<\/p>\n<blockquote>\n<div class='wbq'>\n<p>Greenspan, remember, always said that he was a believer in Ayn Rand, a believer in free market. Little bit curious for a central banker, because what is central banking? It&#8217;s a massive intervention in the market, setting interest rates. So to me, that kind of perspective, to say, &#8220;I believe in free markets, but I&#8217;m going to accept the job at central banking,&#8221; is a contradiction. You almost have to be schizophrenic.<\/p>\n<\/div>\n<\/blockquote>\n<p>Whole thing is fascinating.<\/p>\n<p><a href=\"http:\/\/www.pbs.org\/wgbh\/pages\/frontline\/warning\/view\/?utm_campaign=viewpage&amp;utm_medium=grid&amp;utm_source=grid\">Start here<\/a>.<\/p>\n<p class=\"akst_link\"><img decoding=\"async\" src=\"http:\/\/firedoglake.com\/wp-content\/plugins\/share-this\/share-icon-16x16.gif\" alt=\"Share This icon\" \/><a href=\"http:\/\/firedoglake.com\/?p=67706&amp;akst_action=share-this\"  title=\"Email, post to del.icio.us, etc.\" id=\"akst_link_67706\" class=\"akst_share_link\" rel=\"noindex nofollow\">&nbsp;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From last night&#8217;s &#8220;Frontline&#8221;: Greenspan, remember, always said that he was a believer in Ayn Rand, a believer in free market. Little bit curious for a central banker, because what is central banking? It&#8217;s a massive intervention in the market, setting interest rates. So to me, that kind of perspective, to say, &#8220;I believe in [&hellip;]<\/p>\n","protected":false},"author":5394,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-330086","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/330086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5394"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=330086"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/330086\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=330086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=330086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=330086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}