A Quote by Robert Orben

You wouldn't want Alan Greenspan to write the instructions for assembling a beach chair. — © Robert Orben
You wouldn't want Alan Greenspan to write the instructions for assembling a beach chair.
For the last several decades, there was a prevailing belief among traditional economists that the markets were rational and self-correcting. Alan Greenspan advocated this view. But the 2008 financial crisis showed that this view is incorrect, and Greenspan eventually admitted as much.
[Ben Carson] critics say that your inexperience shows. You've suggested that the Baltic States are not a part of NATO, you were unfamiliar with the major political parties and government in Israel, and domestically, you thought Alan Greenspan had been treasury secretary instead of federal reserve chair.
When the former Fed chairman was in, Alan Greenspan was in, there was a saying back in those days that you called the 'Greenspan put.' Any time the treasury secretary - for the Fed chairman - said something, the market saw that as good news, and it took off.
There is an enormous thrust in our time to have a simple answer. And that simple answer is that all depends on Alan Greenspan and the Federal Reserve. And Alan, who is an old acquaintance of mine, is a marvelous performer in the impression he gives of enormously great perception.
Alan Greenspan is the worst Chairman of the Fed in history.
If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the details.
Alan Greenspan is going to go down in history as one of the worst Federal Reserve chairmen ever.
No man bears more responsibility for the present worldwide financial crisis and coming depression than Alan Greenspan.
One of the things I write about a bit in my Madam Secretary memoir is on Rwanda, where I was an instructed ambassador at the U.N., and my instructions were to not vote for increased forces there, and I didn't like my instructions. So I got up and called Washington and said, "Change my instructions," and they didn't.
[On reporters trying to cajole a smile from her husband, Alan Greenspan:] For a Federal Reserve chairman, that was a smile.
Remember, Alan Greenspan was a member of Ayn Rand's collective. To understand this is to understand why we are doomed with the Federal Reserve.
Remember, Alan Greenspan was a member of Ayn Rand's collective. To understand this is to understand why we are doomed with the Federal Reserve
Alan Greenspan is unskilled; you don't take the unskilled seriously.
I served on the budget committee in the Senate, and I remember as vividly as if it were yesterday when we had a hearing in which Alan Greenspan came and justified increasing spending and cutting taxes, saying that we didn't really need to pay down the debt - outrageous in my view.
Some beach, somewhere. There's a big umbrella casting shade over an empty chair. Palm trees are growin' and a warm breeze a blowing. I picture myself right there, on some beach, somewhere.
When you make machines that are capable of obeying instructions slavishly, and among those instructions are 'duplicate me' instructions, then of course the system is wide open to exploitation by parasites.
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