Letters to the Editor
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So... let me get this straight.
When George W. Bush blew through our budget surplus, decreased our income (taxes) and put our spending through the roof (war in Iraq) and began borrowing huge amounts of money from a predatory lender (China)... that was OK?
If I was to spend every cent of my savings, have my income cut, increase my credit card debt to the point where I'm borrowing to make the minimum payments, Mr. Greenspan would call me a fool, and he would be correct.
So, why did he tell all of us who were angry with George W. Bush's disasterous mishandling of our economy "Move along, folks. Nothing to see here. Nothing to worry about"?
Alan Greenspan turned on his respected past to become another tool of the Bush Organized Crime Family. His credibility is nonexistant. His word means nothing.