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 Post subject: Greenspan Slams Team Bush in New Memoir
PostPosted: Sun Sep 16, 2007 7:56 pm 
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Greenspan Slams Team Bush in New Memoir

Alan 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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The New York Times:

Mr. Bush, he writes, was never willing to contain spending or veto bills that drove the country into deeper and deeper deficits, as Congress abandoned rules that required that the cost of tax cuts be offset by savings elsewhere. “The Republicans in Congress lost their way,” writes Mr. Greenspan, a self-described “libertarian Republican.”

“They swapped principle for power. They ended up with neither. They deserved to lose” in the 2006 election, when they lost control of the House and Senate.


hmmmm...do I smell sour grapes?

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PostPosted: Mon Sep 17, 2007 9:27 am 
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NOW he tries to clarify....

[url=http://www.msnbc.msn.com/id/20817260/]Greenspan clarifies Iraq war, oil link
Says he told White House ousting Saddam was 'essential' to world supplies
[/url]

Quote:
Greenspan, who wrote in his memoir that “the Iraq War is largely about oil,” said in a Washington Post interview that while securing global oil supplies was “not the administration’s motive,” he had presented the White House before the 2003 invasion with the case for why removing the then-Iraqi leader was important for the global economy.

“I was not saying that that’s the administration’s motive,” Greenspan said in the interview conducted on Saturday. “I’m just saying that if somebody asked me, ’Are we fortunate in taking out Saddam?’ I would say it was essential
.”


OF COURSE! TAKING OUT SADDAM WAS ESSENTIAL TO THE ADMINISTRATION'S MOTIVE: GRABBING OIL UNDER THE GUISE OF "SPREADING DEMOCRACY AND FIGHTING 'TERRA WITH TERRA.' :roll: :lol:

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PostPosted: Mon Sep 17, 2007 5:48 pm 
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Well, Saddam did change to Euros rather than dollars.

Totally unforgivable!

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PostPosted: Sat Sep 22, 2007 3:14 am 
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dori wrote:
Well, Saddam did change to Euros rather than dollars.

Totally unforgivable!

Total brilliant from that standpoint.

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