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Tue 18 Feb, 2003 08:21 am
Seems as though being on the Shrub's team has some rules. When Alan Greenspan did not come out in support of the Bush tax reduction plan it must have become "if your not for us, your against us" terrorist.
Quote:The Federal Reserve chairman warned that further tax cuts should be paid for, leading Democrats to proclaim that Greenspan had delivered the "kiss of death" for President Bush's $1.3 trillion proposal.
GOP lawmakers fumed. Greenspan, himself a Republican, had stabbed them in the back, they said.
The White House went into damage-control mode, pointing out that Greenspan had endorsed the plan's centerpiece, elimination of the tax on stock dividends. "It appears as though Greenspan either does not want to be reappointed as Fed chairman next year or has learned that he will not be reappointed," said Paul Kasriel, chief economist at Northern Trust Co. in Chicago.
Mr. Andrea Mitchell has gotta be burned out after all this time.
Speculation on who might succeed him?
what!?! In trouble for doing his freaking job?
Well, keep in mind that these appointments are not made by Paul Kasriel. We had best not be afraid of honest expert opinion.
The Federal Reserve chairman is not appointed by the Executive branch of the US government, is he?
Anyway, Greenspan's worries on the incoming war's economic effects seem founded.
They do sound founded and reasonable.
the chairman of the Fed is a presidental appointment with approval by the Senate.
Alan Greenspan, IMO, is a brilliant economist, who "tells it like it is". (lots smarter than some of the people who are pissed of at his words).
Who was it that had to substitute the word 'banana' for inflation? Something like Alfred Kahn?
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