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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (678395)	4/6/2005 4:06:31 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

"do you think they enacted the bad policies on purpose as sick as that is?" Very good question! Possible answers are: 1) No, not choosing bad/wrong policies on purpose... but because they are mistaken in their analysis and conclusions. 2) Yes, choosing harmful/wrong policies on purpose... to achieve some aim. I can't be absolutely certain about this (and, I generally prefer to believe that people, expecially our leaders, act with honorable motives, out of what they perceive to be in the nation's best interests...) but, because of the great experience and vast knowledge of economics that Chairman Greenspan has (which knowledge must be screaming to him the wrongfulness of his actions), I believe that #2 is the more likely answer: he is DELIBERATELY making these harmful choices. I believe that the Fed's VAST expansion of the money supply, the devaluing of the dollar, the failure to standup for honesty in government accounting (ENABLING the mismanagement and deficits of Washington) is aimed at a POLITICAL goal... and that good economic stewardship has been sacrificed to that aim. IMO, Greenspan has over-stayed his welcome by several years... and much of the action directed by his hand of late has only served to undermine the generally good effects he achieved earlier in his terms. He can't leave fast enough for me....