I had forgotten this quote. An excerpt from Greenspan's new book, The Age of Turbulence: "I am reminded of Churchill's perception of Americans, who 'can always be counted on to do the right thing -- after they have exhausted all other possibilities.'"

Also, in the excerpt printed in Newsweek, Greenspan lambasts the U.S. educational system, blaming its pitiful state for the growing income disparity. I have to agree; as long as schools are churning out people ill equipped to work in a high tech labor force and we persist in restricting the inflow of skilled immigrants, the wages of the few skilled workers remaining (which includes everyone who reads my journal, at least that I know of) will keep rising out of proportion. Simple supply and demand.

Alas, I'm not going to go out and buy the book just yet. I'm in the middle of Another Day in the Frontal Lobe: A Brain Surgeon Exposes Life on the Inside. Quite a good book so far; both entertaining and informative.