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Cause! Cure? Greenspan, Rubin, Summers, Gensler 'Twas a slight miscalculation. Though all these guys misjudged The need for regulation, should their brilliance be begrudged? Greenspan kicked it off by keeping interest rates too long too low, But then greedy Wall Street gamblers dealt his scheme a nasty blow. It took Rubin-Summers-Gensler and Phil Gramm to pull it off: Derivitives unregulated for fat piggies at the trough. It got Larry into Harvard; got signed by Clinton into law; Got Rubin into Citigroup; and was Alan's last hurrah. But will Summers be successful in getting Gensler put in charge While the crisis in commodities continues looming large? Foxes in the henhouse! Should the guys who run the store Be the same miscreants who stuck it to us once before?
Bob Carlson To 'Obama's Stimuli' |