Path\u00e9tique est sans doute le mot qui convient le mieux pour d\u00e9crire Alan Greenspan t\u00e9moignant devant une commission du Congr\u00e8s des Etats-Unis, \u00e0 la Chambre des Repr\u00e9sentants, mercredi. Extrait de l’audition<\/p>\n<\/p>\n
\tCongressman Henry Waxman<\/em><\/strong>: \u00abMy question is simple. Were you wrong?<\/em><\/p>\n<\/p>\n \tAlan Greenspan<\/em><\/strong>: \u00abPartially … I made a mistake in presuming that the self-interest of organisations, specifically banks, is such that they were best capable of protecting shareholders and equity in the firms … I discovered a flaw in the model that I perceived is the critical functioning structure that defines how the world works. I had been going for 40 years with considerable evidence that it was working exceptionally well. The overall view I take of regulation is, I took an oath of office when I became Federal Reserve chairman. I’m here to uphold the laws of the land passed by Congress, not my own predilections.<\/em>\u00bb<\/p>\n<\/p>\n \tOn s’est d’abord pr\u00e9cipit\u00e9, parce qu’on aime les images et les sensations, et que Greenspan est<\/strong> effectivement une autorit\u00e9 pour nos pauvres esprits ivres de conformisme et d’adulation devant le mythe am\u00e9ricaniste, sur la description que le m\u00eame Greenspan a faite de la crise financi\u00e8re, un tsunami (\u00abIn prepared remarks before the House of Representatives, Greenspan, 82, who retired in 2006, called the financial crisis a once-in-a-century credit tsunami and said it had turned out to be much broader than anything I could have imagined.<\/em>\u00bb) Mais l’int\u00e9r\u00eat de la chose est bien entendu cet aveu. L’homme si ardemment c\u00e9l\u00e9br\u00e9 comme le ma\u00eetre de la formule du bonheur et de la vertu de l’enrichissement fou du monde, d\u00e9crivant son erreur. Le Guardian<\/em> en fait ce matin<\/a> le plat de r\u00e9sistance de son site.<\/p>\n<\/p>\n \t\u00abThe former Federal Reserve chairman, Alan Greenspan, has conceded that the global financial crisis has exposed a mistake in the free market ideology which guided his 18-year stewardship of US monetary policy.<\/em><\/p>\n<\/p>\n \t\u00bbA long-time cheerleader for deregulation, Greenspan admitted to a congressional committee yesterday that he had been partially wrong in his hands-off approach towards the banking industry and that the credit crunch had left him in a state of shocked disbelief. I have found a flaw, said Greenspan, referring to his economic philosophy. I don’t know how significant or permanent it is. But I have been very distressed by that fact. It was the first time the man hailed for masterminding the world’s longest postwar boom has accepted any culpability for the crisis that has engulfed the global banking system.<\/em><\/p>\n<\/p>\n \t\u00bbDuring a feisty exchange on Capitol Hill, he told the House oversight committee that he regretted his opposition to regulatory curbs on certain types of financial derivatives which have left banks on Wall Street and in the Square Mile facing billions of dollars worth of liabilities.<\/em><\/p>\n<\/p>\n \t\u00bbI made a mistake in presuming that the self-interests of organisations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms, said Greenspan.<\/em>\u00bb<\/p>\n<\/p>\n \tLe m\u00eame Guardian<\/em> signale, puisque nous sommes dans le champ des confessions et du mea culpa<\/em>, que voici aussi celle de Henry Paulson, qui continue \u00e0 \u00eatre secr\u00e9taire du tr\u00e9sor, bien entendu Paulson a, en plus, l’aveu z\u00e9l\u00e9 puisqu’il ajoute celui de l’impuissance \u00e0 l’aveu de l’aveuglement; il admet qu’il aurait d\u00fb voir venir les choses catastrophiques bien avant qu’il ne les v\u00eet venir mais que cela n’aurait pas sans doute modifi\u00e9 sa fa\u00e7on d’agir. \u00abAs the crisis continued to depress global stockmarkets, the US treasury secretary, Henry Paulson, also offered a partial confession, admitting he ought to have anticipated a meltdown in the US mortgage industry widely blamed for triggering the crisis. \u00ab\u00a0I could have seen the sub-prime crisis coming earlier,\u00a0\u00bb he told the New York Times. He added: I’m not saying I would have done anything differently.<\/em>\u00bb<\/p>\n<\/p>\n \t\u00a0On trouve dans d’autres journaux des \u00e9chos de ce t\u00e9moignage de Greenspan, qui devrait constituer un tournant symbolique dans la perception de la crise en raison de la notori\u00e9t\u00e9 faite \u00e0 l’ancien pr\u00e9sident de la Federal Reserve. Signalons \u00e9galement The Independent<\/em>, ce matin<\/a>, qui donne d’autres extraits t\u00e9moignant de l’\u00e9tat de grande d\u00e9tresse d’Alan Greenspan, qui ne comprend pas…<\/p>\n<\/p>\n \t\u00abSelf-regulation by Wall Street had failed,<\/em> [Greenspan] said. Those of us who have looked to the self-interest of lending institutions to protect shareholder’s equity myself especially are in a state of shocked disbelief. And he went on: I found a flaw in the model that I perceived is the critical functioning structure thatdefines how the world works. That’s precisely the reason I was shocked… I still do not fully understand why it happened and obviously to the extent that I figure where it happened and why, I will change my views. If the facts change, I will change.<\/em>\u00bb<\/p>\n<\/p>\n \t\u00a0Arr\u00eatons-nous \u00e9galement au rapport de l’audition de Greenspan que fait, hier<\/a>, CNN.News<\/em>. Il est typique des r\u00e9actions g\u00e9n\u00e9rales de la presse US. L’aveu de Greenspan est \u00e0 peine mentionn\u00e9, l’article pr\u00e9f\u00e9rant commencer sur la description du tsunami et l’annonce que, tout de m\u00eame, tout cela sera suivi de temps meilleurs, d’une renaissance en un mot. On constate un peu plus loin, en poursuivant l’article, que cette pr\u00e9vision est faite par un homme qui, non content d’avouer qu’il s’est tromp\u00e9, pr\u00e9cise qu’il ne comprend toujours pas pourquoi, en v\u00e9rit\u00e9, l’homme id\u00e9al pour annoncer, avec une assurance un peu forc\u00e9e sans doute, des lendemains qui chantent \u00abThe former head of the U.S. Federal Reserve has said the United States is in the midst of a credit tsunami, but it will emerge from the crisis with a far sounder financial system. <\/em>[] He admitted he made a mistake during his time as chair by presuming that lenders were more capable than regulators of protecting their finances, adding he was shocked when the system broke down. I still do not understand exactly how it happened, he said.<\/em>\u00bb<\/p>\n<\/p>\n \t Quoiqu’il en soit des divers habillages, ces d\u00e9clarations sont ce qu’elles sont et ne nous quitterons plus. Elles s’inscrivent dans un courant g\u00e9n\u00e9ral de perception catastrophique, notamment dans la direction am\u00e9ricaniste mais aussi dans la population. Elles renforcent l’appr\u00e9ciation qui est en train de grandir d’une erreur consid\u00e9rable et d’un \u00e9chec \u00e0 mesure dans les grandes orientations choisies pour le d\u00e9veloppement du monde civilis\u00e9, sous direction et inspiration am\u00e9ricanistes. Elles justifient d’envisager des d\u00e9veloppements de grande importance, comme on en observe des signes \u00e9ventuellement pr\u00e9curseurs<\/a>, sans pourtant pouvoir dire quels seront ces d\u00e9veloppements et comment ils se manifesteront.<\/p>\n<\/p>\n <\/p>\n \tMis en ligne le 24 octobre 2008 \u00e0 06H37<\/p><\/p>\n","protected":false},"excerpt":{"rendered":" Path\u00e9tique est sans doute le mot qui convient le mieux pour d\u00e9crire Alan Greenspan t\u00e9moignant devant une commission du Congr\u00e8s des Etats-Unis, \u00e0 la Chambre des Repr\u00e9sentants, mercredi. Extrait de l’audition Congressman Henry Waxman: \u00abMy question is simple. Were you wrong? Alan Greenspan: \u00abPartially … I made a mistake in presuming that the self-interest of… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[6501,4363,3228,4058,7865,2670,3541,7864,7024],"class_list":["post-70298","post","type-post","status-publish","format-standard","hentry","category-bloc-notes","tag-aveu","tag-capitalisme","tag-crise","tag-echec","tag-faire","tag-financiere","tag-greenspan","tag-laissez","tag-paulson"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/posts\/70298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/comments?post=70298"}],"version-history":[{"count":0,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/posts\/70298\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/media?parent=70298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/categories?post=70298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/tags?post=70298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}