Of all the economic earthquakes that racked the global economy in 2008, one temblor ranks supreme. Alan Greenspan's declaration to Congress on Oct. 23: "I made a mistake." In those four words can be heard the crumbling of at least three decades of "unfettered free market deregulating" conservative ideological dominance. We now know unfettered free market greed and self-interest will steer you into the ditch every time. |