The partnership of Bush and Greenspan has been the moral equivalent of the sacking of Rome;
Debt, Unemployment, Privatization and War
How Greenspan Skewered America
By MIKE WHITNEY
No one has done more to ensure the ultimate demise of the American middle class than Alan Greenspan.
No one.
In the stately pantheon of class-warriors, Greenspan's spectral-image looms larger than any other; the foremost proponent of hardnosed social-Darwinism and exclusionary economics. Even his carpet-bagging consort, G.W. Bush, pales in comparison.
In just under 5 years the Fed-master has engineered a coup so vast and devastating that $1.3 trillion of borrowed revenue has been adroitly shifted from the beleaguered middle class to the privileged 1% that Greenspan represents.
Whoa!
How Greenspan Skewered America
By MIKE WHITNEY
No one has done more to ensure the ultimate demise of the American middle class than Alan Greenspan.
No one.
In the stately pantheon of class-warriors, Greenspan's spectral-image looms larger than any other; the foremost proponent of hardnosed social-Darwinism and exclusionary economics. Even his carpet-bagging consort, G.W. Bush, pales in comparison.
In just under 5 years the Fed-master has engineered a coup so vast and devastating that $1.3 trillion of borrowed revenue has been adroitly shifted from the beleaguered middle class to the privileged 1% that Greenspan represents.
Whoa!