Greenspan frets to Frenchman over US fiscal incontinence

[swag]

How poignant. Alan Greenspan, early champion of the now infamous Bush tax cuts (back in the day when the Bush/Hastert/Frist spending spree was really getting going), now laments (to a Frenchman, no less) that the US has lost control of its deficits:

"'We have lost control,' that was his expression," Breton told reporters after a bilateral meeting with Greenspan.

"The United States has lost control of their budget at a time when racking up deficits has been authorized without any control (from Congress)," Breton said.

http://money.cnn.com/2005/09/24/news/international/greenspan_france.reut/index.htm

on edit: please pass the Failure Fries.

[adarling]

1. what a jerk

i am so sick of these people in such high positions criticizing themselves essentially but not doing anything about it. He has been the one to implement these things and now he is raising interest rates when these hurricanes are probably going to force our collective asses into a depression. :argh:

[swag]

3. Even more ironically,

HE IS A DISCIPLE OF AYN RAND!

[adarling]

7. hahaha...ewwwwww n/t

[swag]

9. Yeah, I look at that picture and all I can think is

poor Nathaniel Branden, forced to bone that crazy nicotine-nostriled stink factory.

At least he finally grew the balls to tell her he wasn't going to fuck her any more. At which point she bellowed, "Our relationship is nothing if not sexual!"

Eeeeeww, indeed.

[Amonester]

2. Yeah, the Disaster pResident is hard at work running another

"business" (U.S. Of A. Treasory) into the ditch.

:wow:

[indepat]

4. The American people will long remember Greenspan's many foibles and

handiwork in fostering regressive tax schemes, greatly increasing payroll taxes, and suggesting SS obligations be reneged on to pay for profligate tax policies he endorsed.

[JHB]

5. What do you mean "We", Greenman?

I recall that deficit reduction WAS a priority under a previous administration, while the present one made budget-busting tax cuts their priority. And whenever you had the opportunity to voice your opinion about those different priorities, you fretted that maybe we would pay off the debt "too quickly", or maundered that the tax cuts would not lead (as they so obviously did) to huge deficits.

You have spent your public years providing cover for Republican fiscal irresponsibility, Greenie. Own up to it.

*&*(&*%$# can't frigging stand these "personal responsibility" types who one day turn around, see a trail of wreckage behind them, and wonder where it came from!

[whistle]

6. Greenspan should talk, he's been behind this monetary fiasco

...ever since George "shrub" Bush took office and began down the road of tax cuts for the wealthy, continued federal budget deficits, unfunded aggressive wars and federal borrowing to pay for the irresponsible financial policies of the Bush administration. Greenspan could have verbalized this sentiment long ago, but did not. Instead, he just went right on supporting the BushCo "trickle into the wealthy pockets" policies.

[The Backlash Cometh]

8. Who is "we" Kimosabi?

YOU lost control of the US deficit, you moron.