I respect Greenspan for finally speaking out. I wonder why these Republican critics usually wait until they retire to do it? It sure would have been helpful if they had spoken out before we invaded Iraq.....buzz, buzz.
Sunday, September 16, 2007
Another Republican is speaking out.....
Alan Greenspan, a staunch Republican and recently retired U.S. Federal Reserve Chairman, states in his memoirs that the motive for the 2003 Iraq invasion--OIL--is likely to provoke the most controversy. “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil,” Greenspan says. (Source)
He also criticizes Bush for not paying attention to financial discipline. Bush ignored Greenspan's advice to veto "out-of-control" bills that sent the U.S. deeper into debt. "Little value was placed on rigorous economic policy debate or the weighing of long-term consequences," he writes of the Bush administration. Greenspan is a Republican who believes his party deserves to lose control of Congress because the Congressional Republicans "swapped principle for power" and "ended up with neither. (Source)
I respect Greenspan for finally speaking out. I wonder why these Republican critics usually wait until they retire to do it? It sure would have been helpful if they had spoken out before we invaded Iraq.....buzz, buzz.
I respect Greenspan for finally speaking out. I wonder why these Republican critics usually wait until they retire to do it? It sure would have been helpful if they had spoken out before we invaded Iraq.....buzz, buzz.
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