9 The 2008 Meltdown 239
democracy are only as good as a key member of the executive branch of the government wants it to be, particularly one which dreams of oligarchy.
Notes 1. Albert Bartlett, “Forgotten Fundamentals of the Energy Crisis,” Negative Population Growth Special Report, 1977. 2. Thorstein Veblen, “In Dispraise of Economists: Why Is Economics Not an Evolutionary Science?”, in The Portable Veblen (New York: Viking Press, 1948), pp. 232–233. 3. The Economist.com, “In Come the Waves,” June 16, 2005. 4. Business Week, February 11, 2008, p. 41. 5. Washington Post, July 21, 2005, D1. 6. The Economist.com, June 16, 2005. 7. Danielle Booth, 2017, p. 4. 8. Ibid., p. 22. 9. Wayne Barrett, “Andrew Cuomo and Fannie and Freddie: How the Youngest Housing and Urban Development Secretary in History Gave Birth to the Mortgage Crisis,” The Village Voice, August 5, 2008. http:// www.netadvisor.org/wp-content/uploads/2014/10/2008-08-05-NewYork-Andrew-Cuomo-and-Fannie-and-Freddie-Village-Voice.pdf. 10. Alan Greenspan, “Remarks by Chairman Alan Greenspan,” lecture given at Federal Reserve Community Affairs Research Conference, April 8, 2005. https://www.federalreserve.gov/boarddocs/speeches/ 2005/20050408/default.htm. 11. René Stulz, “Credit Default Swaps and the Credit Crisis,” Working Paper 15384, National Bureau of Economic Research (NBER), p. 3. http://www.nber.org/papers/w15384, National Bureau of Economic Research. 12. Alan Greenspan, “Economic Flexibility,” speech to HM Treasury enterprise Conference, 2004, London, U.K. https://www.federalreserve.gov/ boarddocs/speeches/2004/20040126/default.htm. 13. Alan Greenspan, “The Financial Crisis and the Role of Economic Regulators: Testimony of Dr. Alan Greenspan, Committee of Government Oversight and Reform,” October 23, 2008. https://www.gpo.gov/fdsys/ pkg/CHRG-110hhrg55764/html/CHRG-110hhrg55764.htm.
