Nasty Letters To Crooked Politicians

As we enter a new era of politics, we hope to see that Obama has the courage to fight the policies that Progressives hate. Will he have the fortitude to turn the economic future of America to help the working man? Or will he turn out to be just a pawn of big money, as he seems to be right now.

Monday, August 29, 2005

Chimp_junta's other puppet, Greenspan

Greenspan and the Bubble - New York Times: "Regular readers know that I have never forgiven the Federal Reserve chairman for his role in creating today's budget deficit. In 2001 Mr. Greenspan, a stern fiscal taskmaster during the Clinton years, gave decisive support to the Bush administration's irresponsible tax cuts, urging Congress to reduce the federal government's revenue so that it wouldn't pay off its debt too quickly.

Since then, federal debt has soared. But as far as I can tell, Mr. Greenspan has never admitted that he gave Congress bad advice. He has, however, gone back to lecturing us about the evils of deficits."

0 Comments:

Post a Comment

<< Home