Dean Says the Unthinkable - Toss Greenspan

[NashVegas]

Democratic Hopeful Dean Calls for Greenspan Ouster

LONDONDERRY, N.H. (Reuters) - Democratic presidential contender Howard Dean (news - web sites) said on Friday U.S. Federal Reserve (news - web sites) chairman Alan Greenspan (news - web sites) had become too political and should be replaced, broaching a subject on which his opponents have been largely silent.

..

"If he lacks the political courage to criticize the (budget) deficits, if he was foolish enough -- and he's not a foolish man -- to support the outrageous tax cuts that George Bush put through, then he has become too political and we need a new chairman of the Federal Reserve," he added.

Cahones

http://story.news.yahoo.com/news?tmpl=story&u=/nm/20040123/ts_nm/campaign_dean_greenspan_dc_3

[robsul82]

1. Cajones GRANDES...

Damn.

Later.

RJS

[tridim]

5. Cajones GRANDES! New at Taco Bell

Hey, it would be an improvement in meat quality.

[not systems]

2. Greenspan is helping Bush try to buy the election

by printing money full speed.

[liberalnurse]

7. He has been bowing to the *bush regime

since 2001.

[WhoCountsTheVotes]

20. nah, Greenspan is just terrified

that the whole house of cards is going to collapse on his watch, forever destroying his reputation. Bush I *did* blame him for his defeat though.

The Fed has lost the ability to control the money supply due to our very developed capital markets. The Fed's "control" is now just PR performances and smoke and mirrors. That's why when he raises and lower rates, the economy hasn't responded the way they expected. Greenspan's a long time monetarist from the Volker school, but even he won't actually put those (long discredited) theories into practice - he may be an idealogue, but he's more interested in saving his ass.

Don't forget that Greenspan is a hard core Ayn Rand cultist - one of her personal students. A truly odious man.

[AntiCoup2K4]

3. Call me biased, but Howard's right again.

Greenspan knows Bush's economic policies are bullshit and are destroying the country, but he hasn't done much to resist them.

[bain_sidhe]

15. I'm biased too - and I STILL think Dean's right!

See the avatar? I'm a Clark supporter, all the way, baby. But Dean's nailed this. Kudos, and all that good stuff, to your candidate.

(of course, I like Clark best!)

[Davis_X_Machina]

4. Hey, if the Emperor is really naked...

...how hard is it to figure out that the Emperor's tailor is a scam artist?

then he has become too political and we need a new chairman of the Federal Reserve," he added.

[Guaranteed]

6. He's back on the offensive,

hitting the Republicans back.

I think this is a great strategy for Dean: keep criticizing Bush in different ways that lead back to a central theme- like the Republicans horrible handling of the economy and the federal budget- so that he can keep grabbing headlines, and keep the Republicans on their heels.

[kentuck]

8. I recall how he raised interest rates in the last few months of Clinton..

Administration. Then when the economy started to decline..surprise! Surprise! Bush came into the White House and he started cutting interest rates about once a month for a year to stimulate the economy.

[WI_DEM]

9. Good for Dean

and he is right on the money.

[Jacobin]

10. Shriek, he can't really say that out loud, can he?

Good for him.

For Greenspan to sit quietly with the tax cuts and gargantuan deficits piling up is irresponsible.

Besides which fact, old Greenspan doesn't have much life left in him anyway.

I nominate Rubin, Clinton's Secty Treas.

[Dudley_DUright]

16. I second your nomination

Rubin would be a world class choice. I just hope that a democratic president gets to make such a choice.

[John_H]

11. Kudos to Dean

Greenspan is a traitor of the worst kind--manipulating the economy for partisan purposes.

[Loren645]

12. Greenspan has been propping up the Bush regime by keeping

the economy afloat. That's his job to a point, but it's
very artificial at a point. He's lately seeming like a lackey.

[Edge]

13. Go Dean!

Get rid of the Bush-loving fossil!

[Dudley_DUright]

14. I think the O'Neill book made it very clear

that the reservations that Greenspan had on Bushco's tax cuts were not expressed publicly, and thus he should not be trusted as chair of the fed. Sometimes you have to speak truth to power. Bravo Dean.

[WhoCountsTheVotes]

17. You have very large testicles, Dr. Dean

Good luck with this one!

[WildForKerry]

18. That is a very sexist comment

n/t

[not systems]

19. What are you talking about?

Is the T word "sexist"?

[spooky3]

24. it's sexist to equate courage with male body parts

implying that women can't also be courageous or that masculinity makes one courageous.

Why not say Dean has guts, Dean has backbone, Dean has courage, Dean is heroic, etc.?

[not systems]

27. It does no such thing.

I would have selected any of the other descriptions
you suggest but Dean's courage when described using
the T word does nothing to imply lack of courage in
anyone else male or female.

[WhoCountsTheVotes]

29. If Dean was a woman I would say she has big ovaries

would that be acceptable to you?

On edit: This from WildForKerry, the guy who claimed Clark was anti-semetic. You surely made good use of your 13th post, huh?

[Guaranteed]

30. It's not sexist. It's convention.

It doesn't imply anything. The terms "cajones" or "balls" or "testicles" take on a totally different meaning when used in this context. They don't slight women in any way. It's not derogatory.

You guys know that we're in the middle of the presidential election campaign, right?

[DuctapeFatwa]

21. What other Sharpton proposals will Dean be adopting?

[WhoCountsTheVotes]

22. ha ha, good point!

:)

[beaconess]

23. I was just thinking the same thing

Apparently, Sharpton's answer last night was not as clueless as some would have us believe.

[DuctapeFatwa]

25. And last night was not the 1st time Sharpton has said it

I guess the other times, only Dean was listening :D

[HuckleB]

26. It's clearly time.

Greenspan should have had the guts to resign in protest of Bush's ridiculous tax cuts. He's too attached to the job to stand up for what is right. He needs to go.

[Tierra_y_Libertad]

28. Let's see if Kerry & Edwards follow suit.

After all, they and their supporters are calling for "unity".

[Tierra_y_Libertad]

31. BTW - it's "cojones" not "cahones" or "cajones"

Something Dean has an abundance of. Just for your future reference. Other than that minor quibble, I agree wholeheartedly with your post.

[DeepModem Mom]

32. CNN saying something about Dean's statement affecting the market...

because the market doesn't like to see friction between Federal Reserve chairman and a potential President. Very interesting! Of course, Dean is right about Greenspan's not speaking out on the tax cuts and the deficit.

I'm a Clark supporter, but, man-oh-man, I love Dean's chutzpah --

[anti-NAFTA]

33. Correct me if I'm wrong, but

I recall a televised Greenspan meeting in which Greenspan criticized the budget deficit. He has supported tax cuts, it's true, but tax cuts are supposed to stimulate investment spending. It isn't an entirely unsound policy. I don't think he expected Bush to take the tax cuts and the spending to such absurd extremes though.

Greenspan did great things for America under Clinton, so I will reserve my criticism of him.