super hanc petram -- deep background
Thursday, September 12, 2002
 
Curtain Call
In the latest attempt at putting the cat back in the bag, Alan Greenspan tells lawmakers to get their spending under control. Of course, this is the same man who knowingly unleashed an orgy of spending and tax cuts in 2001 (speaking for himself and not the Fed before Congress) when he felt we had so much money that we ought not pay down the debt too quickly. While plenty of blame can be spread around for our current financial mess, one solitary finger can rest its gaze squarely on Chairman Greenspan as a preeminent architect of the return to deficit spending.




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