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Letter to the Editor: Who signed for the mountain of debt?

Wednesday, February 8, 2006

To the editor:

The cover page of the recent Washington Post national weekly edition depicts a caricature of Alan Greenspan with the headline "The Greenspan Paradox: On His Watch at the Fed, Americans Prospered But Fell Deeper in Debt."

The equation is simple. Prosperity has been funded by a virtually insurmountable mountain of debt. Who signed the note?

GILBERT DEGENHARDT, Cape Girardeau