Over at CNN you can read all about Fed Chair Greenspan's comments to Congress. Apparently he feels the best way to keep things in check, is not to repeal the Bush tax cuts or raise taxes on those poor rich folk, but to cut the Social Security benefits of those future recepients who'll be living under enormous federal debt.
Hasn't this guy been in office a bit too long at this point? I mean, every comment he makes seems to have Wall Street types either toasting each other or peeing themselves. I don't know if Greenspan even knows (or cares) how the things he does or says effect the non-investors in this country. Perhaps the next President might choose a Fed Chairman who hasn't lost touch with how Real Folks live.
Wednesday, February 25, 2004
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