From the Fed Chairman, Red Flags and Brown Socks

Are we headed for a recession? Ex-Fed Chairman Greenspan thinks so.

By DANA MILBANK
The Washington Post

Filed 3.1.07

Federal Reserve Chairman Ben Bernanke could not have sounded the alarm any clearer if he had carried a bullhorn and a gong. "This expansion of debt would spark a fiscal crisis. . . . The U.S. economy could be seriously weakened. . . . This is sort of like a snowball rolling down the hill. . . . This can really get out of control."

(Click & Read on courtesy of The Washington Post)