Democratic Debate: Alan Greenspan’s Spouse Should Not Have Co-Hosted
By PAM MARTENS and RUSS MARTENS
Leave it to NBC to remind us that corporate media is tone deaf when it comes to facing up to outrageous conflicts of interest. The final presidential debate before the Iowa caucuses and New Hampshire primary aired last night on NBC and was co-moderated by Lester Holt and Andrea Mitchell. Given the public focus on Hillary Clinton’s financial ties to Wall Street, it was clear that hard-hitting policy questions on reforming Wall Street would need to be asked during the debate.
So why put Andrea Mitchell on that stage instead of an objective media moderator? Mitchell is married to Alan Greenspan, the man whose 18-year stint as Fed Chairman included a two-term appointment by Bill Clinton’s White House. Greenspan was correctly dubbed by Time Magazine as “25 People to Blame for the Financial Crisis”; was the man who played a key role together with the Clinton administration’s Wall Street sycophants Robert Rubin and Larry Summers in repealing the Glass-Steagall Act that ushered in the devastating deregulation of Wall Street and subsequent collapse in 2008; and the man who attempted to lend credence to the nutty “selfishness is good/government regulation is the enemy” theories of Ayn Rand, Greenspan’s long-time economic mentor.