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Greenspan Slams Team Bush in New MemoirPosted on Sep 15, 2007Alan Greenspan is no fan of the Bush administration or the once-dominant congressional Republicans. In his new memoir, “The Age of Turbulence: Adventures in a New World,” the former Federal Reserve chairman disparages the two groups for violating the GOP’s values on spending and small government. Update: The Sunday Times contains this bombshell of an excerpt from Greenspan’s book: “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”
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By BlueEagle, September 17, 2007 at 12:43 pm #
Ron Paul is the only libertarian Republican presidential candidate. He is also the only candidate that will restore fiscal discipline in these united states.
Report thisBy SamSnedegar, September 17, 2007 at 8:39 am #
“...The man once regarded as the world’s most powerful banker has bluntly declared that the Iraq war was ‘largely’ about oil…
...In his long-awaited memoir out tomorrow in the US Greenspan, 81, who served as chairman of the US Federal Reserve for almost two decades, writes: ‘I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.’..."---Guardian
...what they don’t say is that he couldn’t wait to get on tv and recant his claim to Leslie Stahl on 60 minutes ...---sks
Report thisBy dick, September 17, 2007 at 7:20 am #
(Unregistered commenter)
Greenspan cheerfully and willingly did Bush’s financial dirty work, for many years.Suddenly he sees clearly . A genuine coward and hypocrite.
Report thisBy mary, September 17, 2007 at 7:02 am #
Once again too little too late. These guys got to know history won’t be manipulated so easily. One day someone is going to expose each and every one of them. This attempt is just pathetic, like we don’t already know what’s going on. What’s more pathetic is not putting a stop to this insanity. Just don’t buy the book......
Report thisBy weather, September 16, 2007 at 5:29 pm #
Too little way too late Alan.
When you and Andrea Mitchell have the integrity to confront the core greed and deceit of those in power in both parties and drop the dime fully on the Media that protects them - your memoir would matter.
Report thisBy Louise, September 16, 2007 at 2:31 pm #
How easily supporters of the Empire absolve themselves of guilt. Careful to do it in such a way as to make a profit, I might add.
So Mr. Greenspan, how many homeless will you feed tonight?
Report thisBy sophrosyne, September 16, 2007 at 1:33 pm #
(Unregistered commenter)
Bush was never a conservative. He may be inept and dishonest but he is no conservative. He is the most radical foreign policy president in American History. Domestically, his violation of civil liberties and his balooning deficits are also not conservative. He did dupe poorly educated evangelicals who are only now catching on that he could care less about Christianity except as a means to manipulate poorly educated people.
Report thisBy Paolo, September 16, 2007 at 11:29 am #
Historically, the Republican Party has always been the party of huge, bureaucratic, centralized government power, combined with “business/government partnership” (aka the definition of economic fascism). This dates all the way back to the tyrant Lincoln.
The Republican party has also been, historically, the party of “splendid little wars” in which the US military beats up on pathetic, third world countries to further the interests of those favored businesses in the “partnership.” The Spanish-American war, the war on Grenada, the Vietnam war, and the Iraq war (among many others) are all classic Republican wars.
And Greenspan is only now waking up to this obvious fact? What should I do--shake his hand?
The Democratic Party, once the party of states’ rights and decentralized government, now tries to outdo the Republicans in foreign adventurism and economic fascism.
The majority of the American people are against these pointless wars of mercantilism, but the leaderships of both parties feel quite free to ignore the polls in anything that might reduce their power.
Report thisBy John Borowski, September 16, 2007 at 10:51 am #
(Unregistered commenter)
The professed mission of the SEC is to protect investors, maintain fair, orderly, and efficient markets while facilitating capital formation. Claiming to be an advocate for investors, the SEC proclaims on its website: “As more and more first-time investors turn to the markets to help secure their futures, pay for homes, and send children to college, our investor protection mission is more compelling than ever. As our nation’s securities exchanges mature into global for-profit competitors, there is even greater need for sound market regulation.”
Report thisThese officials can now rest at ease for misleading investors because the high court of the land has declared “corrupt persuasion” to be legal, that persuading someone to engage in an act with an improper purpose even while knowing an act is unlawful is not criminal behavior. Can you see why right wing Republicans will pack the Supreme Court with right wing fanatics? How can a fanatic be objective in making decisions that will have a devastating effect on the average American?
By C Quil, September 16, 2007 at 10:10 am #
Surprise!
Now, Mr. Greenspan, tell me something I didn’t know.
Report thisBy Pavane, September 16, 2007 at 12:07 am #
(Unregistered commenter)
I care. For too long people have sat back, said nothing, and let Bush run amuck. I will take ‘better late than never’ any day, from anyone.
Report thisBy kevin99999, September 15, 2007 at 6:10 pm #
(Unregistered commenter)
Typical of the conservative song and dance. When he was the FED Res chairman, he condoned and defended deficit spending in his testimony as a means of cutting social programs. There is not much difference between him and the Republicans he is attacking now.
Report thisBy QuyTran, September 15, 2007 at 4:48 pm #
Dear Mr. Greenspan,
Just ask yourself that how long have you been working under Bush/Cheney administration ? Your memoir slams your old boss is a little bit too late.
Report thisThe sluggish buffalo always drinks muddy water, you should know that. Sorry !
By thomas billis, September 15, 2007 at 2:46 pm #
(Unregistered commenter)
Who cares what these idealogues say when they leave office.When they were in power and criticism could have effected change they did nothing and now to ensure their pathetic legacies they write memoirs.I am sure Colin Powell is next up.
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