"Greenspan: US deficit may hurt global economy"

rhett o rick

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Sun Dec-04-05 12:15 PM
Original message

"Greenspan: US deficit may hurt global economy"

Who says this guy isn't one sharp cookie??

"Outgoing Federal Reserve Chairman Alan Greenspan warned Friday that America's exploding budget deficit...could disrupt the global economy."

Doesn't he share some responsibility??

http://www.businessweek.com/ap/financialnews/D8E8BN582.htm?campaign_id=apn_home_down&chan=db

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Zeke

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Sun Dec-04-05 12:21 PM
Response to Original message

1. Ahhhhhh!!!!!!!!!!!!

Greenspan deserves all the credit
for the US budget deficit.

He publicly supported Bush's stupid tax cuts,
which got us into deficit.

He's a piece of shit and his wife is an
ugly propoganda bitch for NBC.

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bridgit

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Sun Dec-04-05 12:26 PM
Response to Reply #1

3. there it is...

he's had plenty of opportunity to address the matter now, and for quite some time

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Deja Q

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Sun Dec-04-05 12:26 PM
Response to Reply #1

5. Greenie is a judas goat.

He's luring everyone from the real folks who do the wasteful spending. Looking at the last 25 years: reagan, poppy, and shrubbie have done the most spending - and just when will lil' shrubbypoo finally start vetoing any budget bills?

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Toots

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Sun Dec-04-05 12:25 PM
Response to Original message

2. It's okay "Reagan proved deficits don't matter" in Cheney's own words..

and we all know Cheney knows more than God.....

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Deja Q

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Sun Dec-04-05 12:32 PM
Response to Reply #2

9. reagan was a antediluvian old, senile fogie!

Anyone following him must be truly idiotic in the extreme.

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Massacure

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Sun Dec-04-05 12:26 PM
Response to Original message

4. Why would Greenspan have responsibility?

Edited on Sun Dec-04-05 12:30 PM by Massacure

He doesn't make the government budgets, Congress does.

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the_real_38

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Sun Dec-04-05 12:27 PM
Response to Original message

6. This is true...

Edited on Sun Dec-04-05 12:28 PM by the_real_38

... he signed on to those tax cuts, when Clinton had the government running a surplus. The way that it actually threatens the economy is that other countries are funding our debt, which ties up a lot of capital that could go into private investment. The only jobs being created as a result of the increased government spending are the destructive ones in the military sector.

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bridgit

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Sun Dec-04-05 12:28 PM
Response to Original message

7. it's the republican tax the poor & spend it or give it to your cronies...

policy of fiscal irresponsibility :thumbsdown:

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liberal N proud

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Sun Dec-04-05 12:30 PM
Response to Original message

8. Just what the PNAC ordered.

Destruction of the world economy to push the agenda along

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glitch

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Sun Dec-04-05 01:25 PM
Response to Reply #8

10. Indeed. Their children will sing songs of glory about Greenspan. nt

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