“Anyone who understands [Greenspan’s] bio and C.V. knows of his history with Ayn Rand, the Randian movement and as a lifelong Goldbug. I have listened to his words very closely over decades and I see him as a hero, not a villan, in engineering the final, quick demise of the global central-banking, fiat currency system. It should have come much sooner, but one man can only be expected to do so much!
“He strategically maneuvered himself into precisely the position he needed to be in order to accelerate the collapse of the fake global financial system and particularly the Federal Reserve.
“His recent mea culpas align very well with tactics laid out in ‘Atlas Shrugged’ wherein the political establishment attacks the producers in order to deflect attacks on themselves. All of their current insane legislation and bailout packages is an eerie, direct parallel to the same behavior portrayed in AS as well. It was a foregone conclusion that would be their response, as they are uncompromising looters. It is them and their pronouncements and policies who will make recovery from their own financial excess drag on for years even in the present case.
“However, at least, it will not be decades as it would be if the system had gone one through one more gigantic bubble-expansion. The Federal Reserve had a systemic flaw built into it (fiat debt money), and would inevitably fail. However, its existence allows a small handful of people (the shareholders, co-opting politicians and inside players) reap enormus profit at the expense of the rest of the world before they would have naturally collapsed it and moved to the next scheme. It likely could have gone on for another 20 years before it would have naturally reached its end in a managed inflationary/deflationary endgame. Instead, the swiftness of the demise has caught them all flat-footed, seeing their fortunes evaporate. The vapid responses of Bernanke and Paulson in not following the script will compound their losses and possibly completely dissipate their control before this is all over.
“If he had told them the truth he would have been crucified then and there. Why should he sacrfice himself in such manner when he has done the rest of us a gigantic favor? Pleading he’s only human and makes mistakes makes it impossible for them to really crucify him. At the same time, he still managed to set the system up for complete failure as early as possible. He wll suffer some bad press for awhile but it will likely never be understood how he fully engineered the final demise of the Fed by giving the political establishment and powers that be (PTB) exactly what they wanted and what the Fed was designed to do until it blew up in their faces. There is no dishonor in misleading or even relating a lie to looters.
“If allowed to go on for another one or two decades, the final financial devastation and implosion wrought by the slow, incremental devastation of a ‘functioning’ Federal Reserve would likely have sent us into a decades- or century-long ‘Dark Age.’ That would have allowed the next step of fully enslavng mankind for the bidding of the few. Exposing the evil of the Fed today is already much later than it should have happened to avoid more damage, and it will still be substantial, but the damage down the road would have been so enormous as to wreck the global financial system beyond all repair for a long long time, possibly leading back to an era of regional empires by those few. By allowing the Federal Reserve to set-up a quick demise during his term as Fed chairman, Greenspan forced a much earlier demise out of their control and costing them dearly in eventual power and control.
“While, of course this is speculation on my part and, we will likely never know the real truth as he keeps his own counsel very well (probably even in death), it lines up very well with everything that formed Alan in his early life and writing. It makes much more logical sense given an understanding of the entire history of the man and the nature of such behaviors by the powerful.
“I hope to see Alan Greenspan someday proclaimed a hero to the Republic and to all free men everywhere.”