Wednesday, April 7, 2010

Greenspan continues to betray freedom

Once again Alan Greenspan is in the news, providing ammunition for all those who seek enshrine the government's power over the market at a time when the Fed is under attack: not for having too much power, but for having too little.

As those people can be counted on to point to Greenspan's history with Ayn Rand, it will be necessary to point out yet again that Greenspan spent his entire career at the Fed betraying everything Ayn Rand ever stood for.

Alan Greenspan is not a defender of freedom, but its destroyer.

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