Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (350934)	9/18/2007 7:59:58 AM
From: RetiredNow	Read Replies (2) of 1578494

From an interview with Greenspan: Your relationship with both Bushes was strained at times. The elder Bush blamed you in part for his defeat. I wouldn't cut rates sufficiently, quickly. Actually George W. Bush was very cognizant of the importance of having an independent Federal Reserve. Never did he in any way second-guess the Federal Reserve. I very much appreciated that. Where I had difficulties were on the fiscal side. We had a situation where the Republican Party had the presidency and both houses of Congress and the surplus. And I said, "Nirvana." We dissipated it. In the election of 2006 the Republicans deserved to lose, and the reason is that they had originally come to office with major policy initiatives, and they went out of office solely seeking power, and in the end they achieved neither. And I find that very saddening. money.cnn.com Anyone who still defends Bush and these Republicans is someone that follows others blindly and refuses to use the brain they were given.

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