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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (177873)1/19/2009 10:14:03 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>>That power belonged to the Federal Reserve, not to Clinton.<<

how many times did clinton publicly thrash greenspan for his fiscal recklessness?

that would be zero, no?

imho, the buck stops at the president. clinton has no problem misleading people into believing he balanced the budget off the back of greenspan's bubble actions, yet he's not supposed to be accountable for the downside?

this obviously works well for most people, just not for me.

it is like a CEO paying themselves masters of the universe money when things are going well and blaming everyone else when something goes wrong. i think that's wrong.

others obviously disagree.