Do you agree that Deregulator Greenspan is America's "Economic Terrorist #1"?

I agree with your respondent Rocklt, with the exception of the "asleep at the wheel" analogy. There was a DELIBERATE move among Republicans, aided and abetted by Greenspan who was fully awake but simple WRONG when he sided with them on deregulation, to remove all checks and balances---not just for banks but for every major corporation (insurance industry, pharmaceuticals, and AIG, for example) and Wall Street as well, while fooling the public with their steady chants for "smaller government, less government" ad nauseum. I watched the Senate hearing you cite, where Greenspan admitted that he had been "wrong" to believe that these banks "could or even would self-regulate." Unadulterated GREED became the order of the day for corporate leaders, even moreso than during the Reagan/Bush-Bush/Quayle years using the same faulty economic policies that brought about the Savings and Loans collapse. I don't like blanket-labeling people and quite frankly think that the word "terrorist" has been overused to the point where hearing it becomes meaningless, so "Economic Terrorist #1" is not the description I'd use. Instead, I'd categorize Alan Greenspan as a wrong-headed old man who has now lived long enough to see the error of his ways, and I think he was pressured and duped to some degree by the power-seeking highly secretive, deeply entrenched Washington DC cult The Family (Sharlet, 2008), a.k.a., The Foundation or Youth With A Mission (YWAM), owners of the notorious C Street House but also spread worldwide.

This is what happens when government gives up on making effective laws and decides no laws are appropriate.

You wouldn't govern people that way but for some reason it's appropriate when governing corporations which are afforded the same rights as people.

The congress, the failure of regulators at the SEC, the failures at the Fed, they all are responsible for participating in the game that wrecked America's economic health.

He's one of the major idiots asleep at the wheel.

No, he didn't do it by himself. Christopher Cox at the SEC helped.

As did Phil Gramm and Bill Clinton.

No, that would be 0bama, followed very closely by Congress.