Saturday, September 15, 2007

Alan Greenspan: speaking truth to power.

Hi folks,

The Wall Street Journal broke the story:
In "The Age of Turbulence: Adventures in a New World," published by Penguin Press, Mr. Greenspan criticizes both congressional Republicans and President George W. Bush for abandoning fiscal discipline.
Hard to know how the so-called conservatives in Congress missed something this obvious. Mr. Greenspan noticed this too:
Republicans in Congress, he writes, "swapped principle for power. They ended up with neither. They deserved to lose."

We're seeing the same thing happen in Madison, I'd venture to add.


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