Alan Greenspan has died

[samhexum]

Mr. Andrea Mitchell was 100.  Complications from Parkinson's

[+ nycman]

5 hours ago, samhexum said:

Mr. Andrea Mitchell was 100.  Complications from Parkinson's

How stupid. 

When you die at 100 years old, it’s not “complications” from anything. 

It’s “natural causes” plain and simple.

Why is our society so afraid of natural, inevitable death?

[samhexum]

7 minutes ago, nycman said:

How stupid. 

When you die at 100 years old, it’s not “complications” from anything. 

It’s “natural causes” plain and simple.

Why is our society so afraid of natural, inevitable death?

Struck down in his prime!

 

[nomad]

24 minutes ago, nycman said:

Why is our society so afraid of natural, inevitable death?

Because society is obsessed with always thinking of ourselves as we always are and never fading from that image.  I don't get the practice of using later life stage photos in obits.  Pick out the picture you want now and don't leave it those tidying things up for you.  

[samhexum]

15 minutes ago, nomad said:

Because society is obsessed with always thinking of ourselves as we always are and never fading from that image.  I don't get the practice of using later life stage photos in obits.  Pick out the picture you want now and don't leave it those tidying things up for you.  

Hence, my avatar

 

[marylander1940]

 

[+ KensingtonHomo]

Honestly couldn’t be happier to see this ghoul finally shuffle off this mortal coil. 
 

That said, he died from pneumonia, which is a largely preventable infection. 

[+ PhileasFogg]

At least he went out at par!

[+ BOZO T CLOWN]

9 hours ago, KensingtonHomo said:

Honestly couldn’t be happier to see this ghoul finally shuffle off this mortal coil. 
 

That said, he died from pneumonia, which is a largely preventable infection. 

The economic policies enacted in the 80's with the help of Alan Greenspan, amounted to the most successful experiment in world history.
The recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal created a short, shallow recession. This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.

Homage and thumbs up to Alan Greenspan for creating more wealth in the shortest period of time than anyone in history:

 

So long, farewell, auf wiedersehen, adieu

Adieu, adieu, to you and you and you

So long, farewell, au revoir, auf wiedersehen...goodbye

Goodbye, goodbye, goodbye

Goodbye!!!!

[and a hat tip to Oscar Hammerstein II ]

Oh, and unless you have inside knowledge, or know more about his health than his medical team and his wife, Alan Greenspan did NOT die from pneumonia. He died from the effects of Parkinson's Disease:

"The influential economist died Monday at his home from complications of Parkinson’s Disease, said his wife of 29 years, Andrea Mitchell, the chief Washington correspondent and chief foreign affairs correspondent for NBC News."

https://www.cnbc.com/2026/06/22/alan-greenspan-former-chairman-of-the-fed-dies-at-age-100.html 

BTC
🤡

[+ KensingtonHomo]

6 minutes ago, BOZO T CLOWN said:

The economic policies enacted in the 80's with the help of Alan Greenspan, amounted to the most successful experiment in world history.
The recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal created a short, shallow recession. This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.

Homage and thumbs up to Alan Greenspan for creating more wealth in the shortest period of time than anyone in history:

 

Incorrect. The great period of economic expansion is 120 months from 1991 to 2001. https://www.forbes.com/sites/davidmarotta/2020/01/21/longest-economic-expansion-in-united-states-history/

Greenspan is also widely considered to be one of the people most responsible for the 2008 financial crisis. https://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877331,00.html

I'd say more but we cannot discuss politics. 

[+ BOZO T CLOWN]

2 minutes ago, KensingtonHomo said:

Incorrect. The great period of economic expansion is 120 months from 1991 to 2001. https://www.forbes.com/sites/davidmarotta/2020/01/21/longest-economic-expansion-in-united-states-history/

Greenspan is also widely considered to be one of the people most responsible for the 2008 financial crisis. https://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877331,00.html

I'd say more but we cannot discuss politics. 

That is correct. The 80's were a time of economic expansion, but the 90's were even stronger. And since Alan Greenspan's term as Fed Chair was 1987 - 2006, much of the credit for all of the wealth creation in the 90's goes to Mr. Greenspan.

BTC
🤡

[robberbaron4u]

Dying and death are part and parcel of the contract of life, and, in my experience, the Maker always insists upon performance. 

[robberbaron4u]

16 hours ago, nycman said:

How stupid. 

When you die at 100 years old, it’s not “complications” from anything. 

It’s “natural causes” plain and simple.

Why is our society so afraid of natural, inevitable death?

I agree, My maiden aunt made 101; her long-time physician, a man of the "old school" of medical practice, stated the cause of her death as "old age".  Plain and simple. 

[+ nycman]

15 hours ago, KensingtonHomo said:

That said, he died from pneumonia, which is a largely preventable infection. 

Not at 100 years old it’s not.

People, you have to die from something….eventually.

It’s not a “surprise”, it’s not “untimely”, and it’s not “preventable”.

Old age, sickness, and death. All, natural , expected, and unavoidable.

 

 

Edited Tuesday at 06:18 PM by nycman

[samhexum]

49 minutes ago, nycman said:

Old age, sickness, and death. All, natural , expected, and unavoidable.

 

[+ PhileasFogg]

His manuevering through the '87 stock market crisis was phenomenal

He manuevered through two decades of low inflation through multiple presidencies and vast political swings in electorate

He manuevered through the post 9/11 crisis

He led the Fed's mandate of "full employment" for a historically long period

The soft landing in the 90's was skillfully executed

He was an articulate influencer

Barney Frank had more to do with the Great Recession than Greenspan - policies driven outside the Fed through the FHLB, Freddie, and Fannie - were far more problematic than fed policy.

To call him a ghoul is harsh not to mention tacky

 

 

[+ KensingtonHomo]

15 minutes ago, PhileasFogg said:

To call him a ghoul is harsh not to mention tacky

Speaking the truth about someone who was enormously influential in destroying the New Deal era economy which has led to precarity not seen in this country since the Giffed Age, is not tacky. Lionizing someone who largely created the dot com Bubble and the 2008 housing crisis which managed to enrich the wealthy while impoverishing the middle class is just keeping the record clear. 
 

Death does not absolve someone of their life’s work. 

[Nue2thegame]

1 hour ago, nycman said:

Not at 100 years old it’s not.

People, you have to die from something….eventually.

It’s not a “surprise”, it’s not “untimely”, and it’s not “preventable”.

Old age, sickness, and death. All, natural , expected, and unavoidable.

 

 

Certainly not untimely but from the coroner’s perspective (for those that are interested), “old age “ is not a cause of death. Pneumonia, cardiac arrest, respiratory arrest, sepsis, stroke, hemorrhage, renal failure etc are more proximate and accurate causes typically listed on death certificates. 

[+ PhileasFogg]

2 hours ago, KensingtonHomo said:

Speaking the truth about someone who was enormously influential in destroying the New Deal era economy which has led to precarity not seen in this country since the Giffed Age, is not tacky. Lionizing someone who largely created the dot com Bubble and the 2008 housing crisis which managed to enrich the wealthy while impoverishing the middle class is just keeping the record clear. 
 

Death does not absolve someone of their life’s work. 

Hmmm, I’m curious - how did he do all these things you attribute to him?   Did not the “free markets” and possibly Congress have anything to do with it?

And @KensingtonHomo, insulting a dead man’s service IS tacky when you speak of a truth that is merely your opinion.  

Edited Tuesday at 10:18 PM by PhileasFogg

[CuriousByNature]

8 hours ago, BOZO T CLOWN said:

Oh, and unless you have inside knowledge, or know more about his health than his medical team and his wife, Alan Greenspan did NOT die from pneumonia. He died from the effects of Parkinson's Disease:

Both can be true.  As Parkinson's progresses it often becomes increasingly difficult for patients to swallow effectively, and this can result in aspiration pneumonia when food or liquid enters the lungs.  Aspiration pneumonia is a primary complication of end-stage Parkinsons.

[Lotus-eater]

A case can be made that Greenspan had a role to play in the policy of not being aggressive enough in combating "irrational exuberance" (to use his famous phrase), though Ben Bernanke and others doubt that the Fed could have done much (the critics said that Greenspan should have raised interest rates by .25% or .50% to discourage speculation but the Fed has raised interest rates by ten times that amount since 2022 and yet the AI-fueled stock market has reached near peak valuations). On the other hand, politicians across the political spectrum promoting home ownership to expand and enrich the middle class was what created the conditions for the housing meltdown to occur in the first place. 

[+ Vegas_Millennial]

He's truly a remarkable figure. His guidance has blessed humanity with a half century the most stable inflation, low unemployment, and broad economic prosperity unmatched in probably any century of human history. He is missed, but he has lived a long and rewarding life.