"History is a wonderful thing, if only it was true"
-Tolstoy

Saturday, September 15, 2007

One of Bush's Failures

Marc Andreessen, of Mosaic and Netscape, lately OpsWare, posted excerpt from Greenspan's new book (from wsj.com)

Greenspan had his share of flaws, but this is perceptive:

"In a withering critique of his fellow Republicans, former Federal Reserve Chairman Alan Greenspan says in his memoir that the party to which he has belonged all his life deserved to lose power last year for forsaking its small-government principles."

They spent like politicians ...

More from Marc here:
blog.pmarca.com: You learn something new every day:

"You learn something new every day"

Or maybe you don't.
Have Republicans learned how to be as thrifty as Democrats?

More from Greenspan here:
Fed’s Ex-Chief Attacks Bush on Fiscal Role - New York Times

Also, Greenspan on various presidents:
"From serving under so many presidents, Mr. Greenspan concludes that there's something abnormal about anyone willing to do what it takes to get the job. Mr. Ford, he writes, "was as close to normal as you get in a president, but he was never elected." The Watergate tapes, he says, show Richard Nixon as "an extremely smart man who is sadly paranoid, misanthropic and cynical." He recalls telling someone who had accused Nixon of anti-Semitism that he "wasn't exclusively anti-Semitic. He was anti-Semitic, anti-Italian, anti-Greek, anti-Slovak. I don't know anybody he was pro."

Ronald Reagan's ability to instantly tap one-liners and anecdotes in support of a particular policy represented an "odd form of intelligence." He describes Bill Clinton as "a fellow information hound" with "a consistent, disciplined focus on long-term economic growth" whose relationship with Monica Lewinsky "made me feel disappointed and sad.""

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