ALAN GREENSPAN HAS A RELAPSE

I thought he had gotten over his Free Market Fairy delusion because of some of his earlier statements but he now seems to have reverted to his previously falsified belief in the MOTU:

Greenspan: Too much regulation slowing growth
By Zachary Roth
Tue Mar 15, 11:30 am ET
THE LOOKOUT - YAHOO NEWS

As he notes, businesses have, until lately, been hoarding cash, rather than investing it in workers or machinery. Greenspan attributes 45 percent of this phenomenon to the effect of government deficits, and to a basic lack of demand in the economy. His "likely explanation" for the other 55 percent? "Activism." Among other examples of such activism, Greenspan refers to the Dodd-Frank legislation passed last year that aimed to increase regulation of the financial sector.