Greenspan faults Democrats on trade [View All]

Source: Reuters

WASHINGTON (Reuters) - Former Federal Reserve Chairman Alan Greenspan on Sunday faulted Democrats, including presidential candidate Sen. Hillary Clinton, for moving away from former President Bill Clinton's embrace of globalization.

"They're taking positions, which he as president veered away from," Greenspan said on NBC's "Meet the Press," speaking about Democrats and a possible White House under Hillary Clinton, who polls show as the Democrats' front-runner.

Asked how Democrats today were different from the party Bill Clinton led, Greenspan responded; "The whole area of trade ... is a very critical issue, because it's not only the issue of trade.

"It refers to the globalization, and how one views what is the driving force in this world, which creates prosperity."

Read more: http://news.yahoo.com/s/nm/20070923/pl_nm/usa_greenspan_dc_1;_ylt=Ai18avaTMZD64ENHJT6MTNetOrgF

---

Alan, your opinion is relevant, why?