keane
Joined: 09 Jul 2007
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 Posted: Fri Sep 14, 2007 6:52 pm Post subject: Greenspan slams his own party, hard. |
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Former Federal Reserve Chairman Alan Greenspan:
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In a withering critique of his fellow Republicans, former Federal Reserve Chairman Alan Greenspan says in his memoir that the party to which he has belonged all his life deserved to lose power last year for forsaking its small-government principles. . . .
Mr. Greenspan, who calls himself a "lifelong libertarian Republican," writes that he advised the White House to veto some bills to curb "out-of-control" spending while the Republicans controlled Congress. He says President Bush's failure to do so "was a major mistake." Republicans in Congress, he writes, "swapped principle for power. They ended up with neither. They deserved to lose."
--David Kurtz |
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