It was Greenspan who through some excessive deregulation prepared the monetary ground for the rise of the subprime mortgage companies: a lending market that specialises in high-risk mortgages and loans.' Innovation', said Greenspan in April 2005, 'has brought about a multitude of new products, such as subprime loans and niche credit programs for immigrants'. It is almost touching to find out that Greenspan cares so much about immigrants. Gilad Atzmon
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  1. A few years back, an American Jewish feminist academic sent me a request for an interview... The professor presented herself as a `gender scholar`, another postmodernist discipline that fails to inspire my intellect. However, I was curious to see what a person who happens to...

  2. Democracy today, especially in the English-speaking world, is a political system that specialises in positioning inadequate, unqualified and dubious types in leadership positions.

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  5. The overall U.S. homeownership rate increased from 64 percent in 1994 to a peak in 2004 with an all-time high of 69.2 percent. Real estate had become the leading business in America, more and more speculators invested money in the business. During 2006, 22 percent...

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