Saturday, September 15, 2007

A bit late isn't it?

It seems like there is a pattern among people working for the Bush administration. They do their job, supporting whatever mad schemes the Bush administration thinks up, by, among other things, lending their names and credibility to them. Then, they retire, and publish a book that's critical of the Bush administration.

In other words, when they have the possibility to actually do something, they don't - instead they wait until they cannot do anything, and then says the truth.

The latest in this choir is Alan Greenspan.

Greenspan Is Critical Of Bush in Memoir

Alan Greenspan, who served as Federal Reserve chairman for 18 years and was the leading Republican economist for the past three decades, levels unusually harsh criticism at President Bush and the Republican Party in his new book, arguing that Bush abandoned the central conservative principle of fiscal restraint.

While condemning Democrats, too, for rampant federal spending, he offers Bill Clinton an exemption. The former president emerges as the political hero of "The Age of Turbulence: Adventures in a New World," Greenspan's 531-page memoir, which is being published Monday.


Thanks for nothing Greenspan. When you worked as the Federal Reserve chairman, and it was your duty to speak out, you said nothing. Instead you became a yes-man to Bush's mad ideas, letting him drag the US economy down the drain.
Now, when you risk nothing, and it's too late to prevent the damage, you gather the courage to speak out. Sorry, it's too little, too late.

If I seem agree, it's because I am. Greenspan was a solid chairman under Clinton, and wasn't afraid to make his opinions heard, yet when his own political party came into power, he let politics get in the way of his job. That's criminal neglect in my opinion, and it undermines the entire trust in his position. If he was too incompetent to realize the problems with the Bush administration, it would be one thing, but he wasn't. Instead, he turned out to be a partisan hack, who put party loyalty above the good of the country.

Greenspan's name should go down through history in disgrace.

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