I have nothing against Alan Greenspan personally. He admitted that his Randian fantasies about the perfection of the free market were all wrong; if more wingers did this, the world would undoubtedly be a better place. And I think he’s right about unemployment going over 10% (he’s really going out on limb there, huh?).
But why the hell would anyone listen to him about the economy after he spent years claiming there was no housing bubble?