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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (117158)	12/6/2008 5:02:43 PM
From: Knighty Tin	1 Recommendation Read Replies (3) \| Respond to of 132070

I didn't say that. Reread my note. I agree with you totally about Greenspan. Under Reagan, he expanded money supply while Ronnie Babe ran huge deficits. Under Bush 41, he wasn't much tighter, but the Prez was more sensible and unwound some of Reagan's mess. Ditto under Clinton. Under Bush 43, Greenspan and Bush competed to see who could be more reckless with the country's future.

To: Mike M2 who wrote (117158)	12/6/2008 7:39:14 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

M2, i love Knighty, but i think he has political amnesia about the mother of all internet bubbles caused by the beginning of the mother of all credit bubbles under bill clinton's watch. heck, i even remember him railing on greenspan during clinton's administration. i also recall questioning why greenspan didn't put some kind of limit on margin calls to fight the bubble at the time. i have a better memory, which is why i can't stand any of the narcissistic, pathological liar presidents. yes, bush was worse than clinton, but clinton was the genesis of a major move in the credit bubble... not to mention faking productivity numbers and yelling "new economy" in the middle of the credit bubble theater. all those things were evil and a definite stepping stone that led to where we are today. bush added a few more stepping stones, though. both parties are guilty as sin.