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Alan Greenspan Says Bush Tax Cuts Must Go

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Rusty5329 Donating Member (647 posts) Send PM | Profile | Ignore Thu Jul-15-10 04:27 PM
Original message
Alan Greenspan Says Bush Tax Cuts Must Go
 
Run time: 00:32
https://www.youtube.com/watch?v=y0f2xEoR750
 
Posted on YouTube: July 15, 2010
By YouTube Member: BloombergTvBest
Views on YouTube: 174
 
Posted on DU: July 15, 2010
By DU Member: Rusty5329
Views on DU: 906
 
For more, visit http://www.sumofchange.com/article_read.php?a=93
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AlbertCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 04:45 PM
Response to Original message
1. Thank you Alan...
.... but we knew that even before they were rubber stamped through. Perhaps you should have said something earlier.... like in 2001 and 2003....

Now get back to the nursing home...
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BadgerKid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 04:52 PM
Response to Original message
2. And he failed to act against the momentum of speculative markets
that fueled the market run-up.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 05:09 PM
Response to Original message
3. I really have to hand it to the Adbot
They really know how to make the ad go with the content. In this case,

seems to be way ahead of
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GreenTea Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 05:24 PM
Response to Original message
4. Well at least the fucker sees the wealthy don't need them, they don't create jobs they
Edited on Thu Jul-15-10 05:24 PM by GreenTea
invest in other places in the world 9cheap labor) and just hold on to the money in their off-shore accounts....Greenspan finally realized if there is no regulations on capitalism the wealthy and their corporations will rob the country blind and still scream for no regulations.
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 07:27 PM
Response to Original message
5. I am sorry for being so wrong my entire life
that is what he is saying
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JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 07:28 PM
Response to Original message
6. 'Attaway to close the barn door, Alan!
The horses are only two or three states away by now, but good to close it.

Just one question:

Why did you endorse them in the first place?
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florida08 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 07:50 PM
Response to Reply #6
7. +100
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hulka38 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 08:18 PM
Response to Original message
8. Not a credible person
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 08:57 PM
Response to Original message
9. I agree with Greenspan for the first time. The tax cuts for the
wealthy should be the first "extras" to be sacrificed to the altar of fiscal responsibility. He caused this mess. Let him be the first to give his fortune to the US government to end the deficit. That would be an act of true repentance. It might actually redeem this guy in the history books. Because history is likely to be pretty rough on him.
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scarface2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 09:52 PM
Response to Original message
10. now he comes around!
asshole...he enabled bush to blow up the federal budget and destroy the us economy.
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