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Alan Greenspan Says Time Is Ripe For A Third-Party Presidential Candidate. [View All]

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 09:39 AM
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Alan Greenspan Says Time Is Ripe For A Third-Party Presidential Candidate.
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Alan Greenspan Says Time Is Ripe For A Third-Party Presidential Candidate...
The Wall Street Journal | Greg Ip | February 27, 2006 at 09:21 AM

Speaking to a Wall Street gathering Wednesday, the former Federal Reserve chairman decried the "polarization" of American politics and said the ground was ripe for a third party presidential candidate, according to several people who attended the event.

A member of the audience asked Mr. Greenspan if he would endorse a candidate for president. Mr. Greenspan said he would not, "for now." But he went on to describe the two American parties now as controlled by their extreme wings, even though the voting public is far more centrist, the people who were present said. He described the leadership of the parties as "bimodal," meaning clustered at the extreme ideological ends, whereas the voting public was "monomodal," meaning clustered near the middle.

Such situations, he said, create an opening for a third-party candidate who appeals to the center. That, he said, could prompt the candidates of the other two parties to move back to the center, for fear of losing.

http://www.huffingtonpost.com/2006/02/27/alan-greenspan-says-time-_n_16424.html
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