Greenspan vs Bush vs Cheney: Who is the fiscal conservative?

Discussion in 'Politics' started by Ivon Denosovich, Sep 20, 2007.

  1. Ivon Denosovich

    Ivon Denosovich
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    Here (http://www.msnbc.msn.com/id/20781873/) former Fed legend, Alan Greenspan, a self described "libertarian Republican" bashes Bush for big govt. spending and outrageous deficits.

    Dick Cheney responds here (http://www.opinionjournal.com/extra/?id=110010624) claiming that Greenspan is too quick to dismiss the administration's conservative credentials.

    You'll note, however, in his response that Cheney simply provides a new perspective to view Greenspan's assessment but never actually disputes any specific concept of the assessment itself.

    Also, and contrary to Cheney's defense, Reason notes that egg heads at George Mason and Washington Universities crunched numbers and their report echoes Greenspan's view. (Article here: http://www.reason.com/news/show/121457.html)

    So... this brings us to the tangible world of the here and now. Is Bush a fiscal conservative in principle? Probably. In actual policy? Probably not.
     
    #1 Ivon Denosovich, Sep 20, 2007
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  2. Ivon Denosovich

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  3. Bro. Curtis

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    Nobody awake ever accused this White House of being anything close to fiscally conservative.
     
  4. Ivon Denosovich

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    With your being a well informed individual, it doesn't surprise me that you know this. Still, there are numerous, countless folk that still assume the (R) guarantess a free market slant.
     
  5. carpro

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    A few vetoes of loaded with earmark spending bills would have done wonders for his fiscal conservative reputation...

    if he had wanted one.

    As it is...:rolleyes:
     
  6. 2 Timothy2:1-4

    2 Timothy2:1-4
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    What does this mean?
     
  7. Ivon Denosovich

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    2 Timothy 2:1-4, my statement about some people thinking the (R) guarantess a free market slant is a reference to the numerous friends, coworkers, and family members I have who believe that all pubs are consistently small govt. in their economics.
     
  8. 2 Timothy2:1-4

    2 Timothy2:1-4
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    So these are the numerous and countless folks?
     
  9. TomVols

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    Greenspan is no liberterian and no ideal fiscal conservative. He is Keynesian in nature and action. He gives tepid support for fiscal conservatism and supply side economics, yet his actions at the Fed seem to belie this. His stunning admission that he did not understand subprime mortgages, let alone their impact, shows he may not be the economic brain we thought. Maybe time will prove this wrong.
     
  10. KenH

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    Actually, he is widely acknowledged as being a libertarian.
     
  11. poncho

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    Yep, actually he is. But he still admitted on the Daily show that the Federal Reserve is an international private banking system above and beyond our government. Unconstitutional for short.
     
  12. Ivon Denosovich

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    From my perspective, yes. Also, I think there to be a general consensus that pubs are, by default, the party of small govt because they at one time were the party of small(er) govt. Do you disagree with this as a general consensus? Please don't make me dig up polling data that you could do for yourself.
     
    #12 Ivon Denosovich, Sep 22, 2007
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  13. TomVols

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    And the Easter Bunny is widely acknowledged to be real. And Houston Nutt is widely acknowledged as being an Offensive genius. :type:
    (sorry, I know that last one hurt, and I feel for you after Kentucky's upset over Ark tonight). Okay, seriously, Bill Clinton is widely regarded as a centrist. Pres. Bush is "widely regarded" as a conservative.

    Perception does not equal reality.

    An honest assessment of Greenspan's words and deeds reveal what I say to be not so far fetched, IMHO. What is liberterian about his Keynesian ways? What is liberterian about his artificial inflation and manipulation of rates? What is liberterian about his currency policies?

    Greenspan may be conservative fiscally, but liberterian? Not even close. I would welcome this discussion with you and am interested to hear how you believe his actions are (and point out those that qualify as) being liberterian.

    (BTW, have you read Maestro, the Woodward book on Greenspan?)
     
  14. KenH

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    No, I haven't read Maestro.

    I am referring to Greenspan's libertarian views about government. As I understand it he was heavily influenced by Ayn Rand.

    The Federal Reserve is not a branch of these United States' government. As poncho pointed out it is a private entity.
     
  15. 2 Timothy2:1-4

    2 Timothy2:1-4
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    You made the statement about numerous and countless folsk. Then you refered to family and friends. I just asked if these family and friends were the countless people you were refering to.
     
  16. JustChristian

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    They've been deluded. Not even Reagan did anything that led to a smaller government. Oh, he talked a good game but that was about it.
     

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