Sanders Questioning Greenspan on Thom Hartman Show!

[stepnw1f]

Tune in People. He is ripping a new one for Greenspine.

Edit spelling

[revcarol]

1. I hope he rips him so hard Greenspine has a nervous breakdown

and has to quit. G is only working for the stock market and NOT for the American people!!

[revcarol]

2. Link for listening?

x

[kaitykaity]

5. Link for WinAmp. No Sanders, though.

http://radiopower.ath.cx:2030/

[skeptic9]

3. When Bernie asks him about his recent comment on the future of Social Security,

I hope he asks him this question:

Mr Greenspan, since its inception almost 70 years ago, FICA payroll deductions for Social Security have exceeded benefit payouts by many trilllions of dollars. The US government spent those trillions and in return gave Social Security non-marketable bonds as IOUs. Were you suggesting that the US government renege on those IOUs, and squander the remaining future positive Social Security cash flow on tax cuts tilted heavily toward the wealthy?

If the US did renege on trillions in Social Security bonds, wouldn't that failure to pay on its promises weaken the strength of the "full faith and credit" of the US in marketing its tradeable bonds and notes on Wall Street? If you remain in office, will you preside over a collapse in the sterling credit of the US Treasury?

[NewJeffCT]

4. always makes me wonder

What if one of those rating agencies - S&P or Moody's - decided to lower the credit rating of a US Gov't issue? Or at least issued a warning that they are considering it for the future if the deficits stays so outrageously high.