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The New DU. Reply #16: As a friend of mine used to say...
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Jeff In Milwaukee
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Thu Jan-31-08 09:20 AM
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| 16. As a friend of mine used to say... |
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"Fuckin' Duh!!"
Greenspan is without challenge the most talentless toad to ever serve as Federal Reserve Chairman. He pissed on the economy -- hiking interest rates because of the bogeyman of "wage inflation" but let stock prices go nuclear. After a decade of scolding Congress on deficits, he endorses Bush's tax cut in 2001, and then goes back to scolding Congress on deficits after the budget implodes.
Complete. Utter. Fucking. Idiot.
And now he thinks that a recession is likely. No Shit, Sherlock!
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