Thursday, March 03, 2005

My Title: Alan Greenspan is President Bush's Man-Whore

Armando had this to say at Tim from VA's diary on dKos:

Update [2005-3-3 0:2:31 by Armando]: From the diaries by Armando. I am especially interested in two things here- (1) Is there a split between Greenspan and the Fed on SS?; (2) When Greenspan has spoken on his own behalf only, what has he endorsed? The 2001 tax cuts come to mind, to keep Congress from spending the surplus he said. Ha! One last point - Greenspan was on the SS Commission in 1982-3 that pushed through the big payroll tax hike - in order to save Social Security then, or so they said. Now Greenspan tells us that that was a complete fraud? There really is no Trust Fund? If that's true what Greeenspan is saying is he supported the most regressive shift in tax burden - on to working and poor Americans and off of the rich - in the history of the nation. That's a hell of a thing.

Indeed it is, Armando. Indeed it is.

Oh, emphasis mine.

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