Tuesday, August 19, 2008

The Next Treasury Secretary?

Sen. Phil Gramm: "If this is the bust, the boom was sure as hell worth it. You agree with that, right?"

Fed Chairman Alan Greenspan: "Certainly."

-Congressional hearing, July 2001


Anonymous goldhorder said...

There are soooo many things that Barack could go negative on. Whether McCain has Gramm on his ticket or not...their relationship is quite cozy and McCain has already used him as an economic advisor. His own lobbying for Enron, his wife's connections to enron, his involvements at UBS. As a non involved observer (I don't vote on principal) the last two presidential elections have really been amusing and a bit perplexing. Somehow the democrats have allowed their presidential candidates to be labeled sissy feminists by a former cheerleader and vietnam dodger. It almost begs the question...were they really trying to win? It is really mindboggling. Barack seems to be going down the same path. McCain is such easy pickings too. Maybe it is all setup that way. The democrats play the fall guy role and when the Repugs are dropping bombs all over the world the newspapers can remind everybody that this is what they voted for and remind them that "if you only voted democrat" then we wouldn't be at war all the time. LOL.

8/19/2008 12:55 PM  
Blogger Mr. Hedley Bowes said...

Begs the larger question: will Gramm be The LAST Treasury Secretary?


8/19/2008 1:06 PM  
Anonymous Kilfarsnar said...

Goldhorder, I feel the same way. I feel like we are in a national game of "Good Cop, Bad Cop". If I can think of snappy answers to stupid Republican questions, why can't the Democrats? Maybe it really is a setup. I don't see how one could engineer such a thing, without everyone rowing in the same direction. And that seems difficult to accomplish. But, then again, I have seen other setups over recent years that I would have previously thought impossible. So I don't rule anything out these days.

Mr. Hedley Bowes, thanks for the link. I have followed a few of your links lately, to my own further edification.

8/20/2008 10:24 AM  
Blogger Mr. Hedley Bowes said...

Kilfarsner, thank you and regards.

Another curious tidbit:

8/20/2008 12:17 PM  
Blogger Mr. Hedley Bowes said...

Anyone else have the gnawing sense that McCain's VP selection team is being directed by none other than Richard Cheney?

8/20/2008 12:29 PM  
Blogger Mr. Hedley Bowes said...


8/20/2008 2:21 PM  
Anonymous Thomas Daulton said...

Anyone catch this one?

"Alan Greenspan has presided over more hundred-year" [disastrous] "events in the last 20 years than the rest of us do in a lifetime... What doesn't seem to have dawned on Greenspan or those who interview him is the thread that connects all these disparate events: Greenspan himself."


8/20/2008 4:43 PM  
Anonymous goldhorder said...

I don't see how one could engineer such a thing, without everyone rowing in the same direction. And that seems difficult to accomplish.

Media owners, University presidents, Fiancne leaders...The cream of the crop...those are the only people that have to row in the same direction. Everybody else is encouraged to go alone (raises, promotions) ...people who don't tow the line are not given respectable "high profile" jobs. The media is their whip. Buchanan, Nader, Perot, etc. are nut jobs. Not serious people. The vast majority of people in this world just do what they are told. Just like their public school education taught them. Public schools were designed exactly for this purpose by the people at the top of the food chain in our society. To me it is as plain as day. We are no different than the former Soviet Union. It is just taking us a bit longer to collapse. Hopefully we don't bring the whole world with us. I'm not sure our leaders are as reasonable as the former Soviet leaders were. They might just destroy the world if they can't have it.

8/21/2008 1:31 PM  

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