Mr. Bubble on the subprime failures: I didn't do it

What a piece of work this guy is. Fortunately there are always plenty of media lapdogs who are only too happy to go along with his nonsense instead of calling him a liar or incompetent idiot to his face. He's an embarrassment and a disgrace to the country.

"The root of the current crisis, as I see it, lies back in the aftermath of the Cold War, when...market capitalism quietly, but rapidly, displaced much of the discredited central planning that was so prevalent in the Third World," Greenspan wrote.

Yes, it's all the fault of that damned Cold War. Damned Cold War! It's impressive to see such an acceptance of responsibility from Greenspan. Then again, considering that nobody in the Bush administration ever was held accountable after 9/11 why should Greenspan be any different?