Quote:
Originally Posted by Shaun 84 Targa
Greenspan book: GOP 'swapped principle for power'
"The Republicans in Congress lost their way," Greenspan wrote. "They swapped principle for power. They ended up with neither. They deserved to lose."
--------------------------
"To my mind," he wrote, "Bush's collaborate-don't-confront approach was a major mistake -- it cost the nation a check-and-balance mechanism essential to fiscal discipline."
---------------------------
He further wrote that former Treasury Secretary Paul O'Neill "found himself the odd man out; much to my disappointment, economic policymaking in the Bush administration remained firmly in the hands of the White House staff."
---------------------------
Greenspan praised former President Clinton and his attitude toward economic policies, saying, "either Clinton shared many of my views on the way the economic system was evolving and on what should be done, or he was the cleverest chameleon I'd ever encountered."
--------------------------
Greenspan said Clinton and former President Nixon were "by far the smartest presidents I've worked with."
|
Well, I hope that taking those statements out of context isn't a breach since they were out of context to start with.
AG has been my economic hero since he advised Kennedy. We won't see any more straight shooters like him in the future. Whether he was right or wrong, I tend to think he was right all along and he proved himself over and over.
A brilliant man.