Monday, September 17, 2007


I have very little to say today.

I will say this, however: the idea that Alan Greenspan fell from grace or somesuch after the Bush coup in 2000 is silly. The man was always a wackadoo Ayn Rand cultist who wanted to screw the poor. Bush just gave him a better opportunity.

It always confused me that people treated a Republican appointee, who's on-the-record statements were frequently nutty, with such deference. It served the Clinton wing of the Democratic Party to treat him as an exogenous force in American politics, someone who had to be obeyed irrespective of party politics, because the Clinton wing was more interested in winning Wall Street votes. (How'd that go?) But Greenspan was never that shy about his role as economic prognosticator.

No comments: