Alan Greenspan Quotes


It was a remarkably reasonable compromise. It pleased nobody, but everybody signed on.


Citations

Alan Greenspan, Chairman, Federal Reserve Board, Description of a Social Security Program Reform Compromise of Previous Years, Senate Testimony, February 11, 2003

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DeKlerk had just become president of South Africa which was enmeshed in a brutal system of apartheid—racial separation with the 10% white population controlling the 90% black majority. The black political parties were illegal and net even recognized and there was no negotiation at all. The country was a world pariah, boycotted by many in the world including much of the Untied States. When De Klerk became president no one had any idea that he would make such a radical break with the past. However, he announced the lifting of the ban on the Black political parties, and the release of Nelson Mandela who had served 26 years in prison, and then made this famous statement which led to the modern state of South Africa. DeKlerk and Mandela shared the Nobel peace prize for their remarkable achievement.


Henry of Navarre. The Great Council was the first proposed International governing body—a precursor to the EEC, the UN and the League of Nations. Henry's plan included an international army and navy to enforce the decisions. There were 15 nations proposed in the Great Design. Each one had a veto presaging the United Nations Security Council.


The quotation was made in the context of the Arab Israeli conflict, but the principle is general.


The Barbary Pirates had an incredible extortion racket going in the Mediterranean. If nations would pay them an annual sum each year, they would not attack and seize merchant ships of that country and sell the ships and goods while holding the sailors for ransom. See {640845} ,{640846} & {640848}


He was referring to the 2016 Presidential Campaign Politifact showed that Hillary Clinton’s facts were not valid and truthful 25 percent of the time and Donald Trump’s were false more than 70 percent of the time. Never before have there been so many falsehoods exchanged in a Presidential Campaign.


Alan Greenspan
Alan Greenspan
  • Born: March 6, 1926
  • Nationality: American
  • Profession: Economist

Alan Greenspan is an American economist who served five terms as the 13th Chair of the Federal Reserve of the United States from 1987 to 2006. He works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, after the second-longest tenure in the position (behind William McChesney Martin).