Saturday, September 15, 2007

Noteworthy

The Bush Administration is getting hit from all sides because of its failed policies.
--- Here is a sampling:
Hinessight is quoting Bloomberg.com on some info from former Federal Reserve Chief Alan Greenspan:

Former Federal Reserve Chairman Alan Greenspan criticized President George W. Bush for pursuing an economic agenda driven by politics rather than sound policy, with little concern for future consequences.
Soon after Bush took office, Greenspan wrote in a new book, it became evident that the Treasury secretary and White House economists would play secondary roles in decisions on taxes and other issues.....

And the Wall Street Journal has still more on the Greenspan book:
.....In "The Age of Turbulence: Adventures in a New World," published by Penguin Press, Mr. Greenspan criticizes both congressional Republicans and President George W. Bush for abandoning fiscal discipline.....

....Mr. Greenspan, who calls himself a "lifelong libertarian Republican," writes that he advised the White House to veto some bills to curb "out-of-control" spending while the Republicans controlled Congress. He says President Bush's failure to do so "was a major mistake." Republicans in Congress, he writes, "swapped principle for power. They ended up with neither. They deserved to lose."

Many economists say the Fed, by cutting short-term interest rates to 1% in mid-2003 and keeping them there for a year, helped foster a housing bubble that is now bursting....

Isn't it amazing that the Wall Street Journal chooses to run this article on a Saturday when its readership is much lower???

> There is a large Iraq war protest march planned for Washington, DC today. Tens of thousand of people are expected. It will be interesting to see which news networks cover the event.

> Why are Giuliani, McCain, and Romney staying away from a debate at a historically Black college?
The NY Daily News has the story:
.....Rudy Giuliani, John McCain and Mitt Romney have all declined to participate in a Sept. 27 debate at Morgan State University, a historically black college in Maryland. Latecomer Fred Thompson still hasn't said yes or no to the debate, which will highlight second-tier GOP hopefuls.

The snubs say the candidates don't care about making a broad appeal to minority voters, charged debate moderator Tavis Smiley, who was slated to go on "The Tonight Show With Jay Leno" to make his case.

"No one should be elected President of this country in 2008 if they think that along the way they can ignore people of color," Smiley was quoted as saying this week....

Shame on those 3 GOP candidates.

> Rudy Giuliani has spoken out against Hillary Clinton's views on Iraq. However, someone should find out exactly what are Giuliani's views on Iraq. If elected President, how long does Giuliani intend to keep American troops in Iraq??