September 15, 2007

ALAN GREENSPAN:

Mr. Greenspan, who calls himself a “lifelong libertarian Republican,” writes that he advised the White House to veto some bills to curb “out-of-control” spending while the Republicans controlled Congress. He says President Bush’s failure to do so “was a major mistake.” Republicans in Congress, he writes, “swapped principle for power. They ended up with neither. They deserved to lose.”

Hmm. That sounds kind of like my GOP “premortem,” doesn’t it? (“Add to this the GOP leadership’s failure to follow through on promised ethics reforms, and its addiction to pork-barrel spending, and you’ve got lots of reason to think that they don’t stand for anything except stuffing their pockets.”) Haven’t read the book yet, but it sounds interesting. It’s currently #2 on Amazon, so I guess a lot of people think so.

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