Detail, east Portland photo, courtesy Miles Hochstein / Portland Ground.



For old times' sake
The bojack bumper sticker -- only $1.50!

To order, click here.







Excellent tunes -- free! And on your browser right now. Just click on Radio Bojack!






E-mail us here.

About

This page contains a single entry from the blog posted on September 16, 2007 5:13 AM. The previous post in this blog was Oregon strategic plan: Don't buy stuff. The next post in this blog is Semantical question. Many more can be found on the main index page or by looking through the archives.

Archives

Links

Law and Taxation
How Appealing
TaxProf Blog
Mauled Again
Tax Appellate Blog
A Taxing Matter
TaxVox
Tax.com
Josh Marquis
Native America, Discovered and Conquered
The Yin Blog
Ernie the Attorney
Conglomerate
Above the Law
The Volokh Conspiracy
Going Concern
Bag and Baggage
Wealth Strategies Journal
Jim Hamilton's World of Securities Regulation
myCorporateResource.com
World of Work
The Faculty Lounge
Lowering the Bar
OrCon Law

Hap'nin' Guys
Tony Pierce
Parkway Rest Stop
Utterly Boring.com
Along the Gradyent
Dwight Jaynes
Bob Borden
Dingleberry Gazette
The Red Electric
Iced Borscht
Jeremy Blachman
Dean's Rhetorical Flourish
Straight White Guy
HinesSight
Onfocus
Jalpuna
Beerdrinker.org
As Time Goes By
Dave Wagner
Jeff Selis
Alas, a Blog
Scott Hendison
Sansego
The View Through the Windshield
Appliance Blog
The Bleat

Hap'nin' Gals
My Whim is Law
Lelo in Nopo
Attorney at Large
Linda Kruschke
The Non-Consumer Advocate
10 Steps to Finding Your Happy Place
A Pig of Success
Attorney at Large
Margaret and Helen
Kimberlee Jaynes
Cornelia Seigneur
Mireio
And Sew It Goes
Mile 73
Rainy Day Thoughts
That Black Girl
Posie Gets Cozy
{AE}
Cat Eyes
Rhi in Pink
Althouse
GirlHacker
Ragwaters, Bitters, and Blue Ruin
Frytopia
Rose City Journal
Type Like the Wind

Portland and Oregon
Isaac Laquedem
StumptownBlogger
Rantings of a [Censored] Bus Driver
Jeff Mapes
Vintage Portland
The Portlander
South Waterfront
Amanda Fritz
O City Hall Reporters
Guilty Carnivore
Old Town by Larry Norton
The Alaunt
Bend Blogs
Lost Oregon
Cafe Unknown
Tin Zeroes
David's Oregon Picayune
Mark Nelsen's Weather Blog
Travel Oregon Blog
Portland Daily Photo
Portland Building Ads
Portland Food and Drink.com
Dave Knows Portland
Idaho's Portugal
Alameda Old House History
MLK in Motion
LoveSalem

Retired from Blogging
Various Observations...
The Daily E-Mail
Saving James
Portland Freelancer
Furious Nads (b!X)
Izzle Pfaff
The Grich
Kevin Allman
AboutItAll - Oregon
Lost in the Details
Worldwide Pablo
Tales from the Stump
Whitman Boys
Misterblue
Two Pennies
This Stony Planet
1221 SW 4th
Twisty
I am a Fish
Here Today
What If...?
Superinky Fixations
Pinktalk
Mellow-Drama
The Rural Bus Route
Another Blogger
Mikeyman's Computer Treehouse
Rosenblog
Portland Housing Blog

Wonderfully Wacky
Dave Barry
Borowitz Report
Blort
Stuff White People Like
Worst of the Web

Valuable Time-Wasters
My Gallery of Jacks
Litterbox, On the Prowl
Litterbox, Bag of Bones
Litterbox, Scratch
Maukie
Ride That Donkey
Singin' Horses
Rally Monkey
Simon Swears
Strong Bad's E-mail

Oregon News
KGW-TV
The Oregonian
Portland Tribune
KOIN
Willamette Week
KATU
The Sentinel
Southeast Examiner
Northwest Examiner
Sellwood Bee
Mid-County Memo
Vancouver Voice
Eugene Register-Guard
OPB
Topix.net - Portland
Salem Statesman-Journal
Oregon Capitol News
Portland Business Journal
Daily Journal of Commerce
Oregon Business
KPTV
Portland Info Net
McMinnville News Register
Lake Oswego Review
The Daily Astorian
Bend Bulletin
Corvallis Gazette-Times
Roseburg News-Review
Medford Mail-Tribune
Ashland Daily Tidings
Newport News-Times
Albany Democrat-Herald
The Eugene Weekly
Portland IndyMedia
The Columbian

Music-Related
The Beatles
Bruce Springsteen
Seal
Sting
Joni Mitchell
Ella Fitzgerald
Steve Earle
Joe Ely
Stevie Wonder
Lou Rawls

E-mail, Feeds, 'n' Stuff

Sunday, September 16, 2007

Greenspan: Bush is a loser

Cut taxes, make lots and lots of expensive war, pay off the drug companies. It's a recipe for disaster, as a wise old owl explains.

Comments (21)

And he respected Clinton.

http://www.cnn.com/2007/POLITICS/09/16/greenspan.book/


"Greenspan praised former President Clinton and his attitude toward economic policies, saying, "either Clinton shared many of my views on the way the economic system was evolving and on what should be done, or he was the cleverest chameleon I'd ever encountered."

"Clinton was often criticized for inconsistency and for a tendency to take all sides in a debate, but that was never true about his economic policy," he wrote. "A consistent, disciplined focus on long-term economic growth became a hallmark of his presidency."

Greenspan said Clinton and former President Nixon were "by far the smartest presidents I've worked with."

I would have a small bit of respect for the man had he said ONE THING about this while he was @ the Fed. No, he sat back and approved every one of Bush's policies...or, if he didn't approve of them explicitly, he didn't come out against them.

I'm with Dave.

If he'd said something while sitting atop the Federal Reserve, somebody might have listened. Somebodies with influence.

Too little, too late.

Bad Alan.

C'mon, blame the messenger? This is a wise sage whose opinion should be respected. Of course it represents another criticism of
the Bush Administration. Among you die hard supporters Greenspan is now considered a subversive traitor.

"Clinton was often criticized for inconsistency and for a tendency to take all sides in a debate, but that was never true about his economic policy," he wrote. "A consistent, disciplined focus on long-term economic growth became a hallmark of his presidency."

hmmm....did Greenspan simply forget the recession that Clinton's fiscal policies delivered to us at the end of his term?

Also, its funny that this will be jumped on by liberals when Greenspan is criticizing Bush for things such as the Rx drug entitlement that were really Bush's concessions to the Democrats.

Bush has been President for nearly seven years. To blame his failed economic policies on his predecessor is as laughable as bragging about his foreign policy "successes."

Jack...I was referring to the recession at the end of Clinton's term, not Bush's. I don't think Bush has any 'failed' economic policies....seems to me that my almost any objective measure, our economy is pretty darn good right now. I'm not 'blaming' Clinton for anything. If anything, I think the fact that Clinton handed George W. Bush, The President of the United States of America, a recession makes his economic accomplishments even more remarkable.

Yes, it's great.

Do you speak Chinese?

No. Did you speak Japanese in the 90's?

Seriously though....what is so dismal about our present economy? The deficit is the only thing that comes to mind, but I would hardly call that "dismal".....as a % of GDP, it is historically on the low end, and updated projections repeatedly show it shrinking. GDP is at a historical high, unemployment at near lows, inflation pretty much stagnant, Federal Tax Revenue recently hit a historical record, and the stock market recently hit a historical high - and there is a historically high % of the population invested in it. Home ownership is at all time highs (and will remain so even after this foreclosure blip), and my Beavs finally looked like they might not completely suck this year (had to throw that in):-)

Can you think of a Western country that wouldn't want to trade economies withe the United States right now? I'm just wondering why you think things are so bad.

PS - I tried the Rock n'Roll Cafe this weekend and thought the Yaw's burger was delicious and not overpriced.....and probably had the best $3.50 milkshake I've ever ordered...it was enough for four of us.

the guy who didn't figure subprime lending was a potential timebomb that would be exploited by business and foolish borrowers...now gives us his brilliant insights into the motivations for the iraq war?
lars

"I think the fact that Clinton handed George W. Bush... a recession"

Bush was inaugurated on January 20, 2001. The recession at the beginning of Bush's term began in March, 2001, according to the National Bureau of Economic Research.

http://www.nber.org/cycles/recessions.html

Jerry,

Even IF the recession started in March 2001 (many put its inception as being the last economic quarter of Clinton's term), how did Bush significantly alter Clinton's economic policies during his first six weeks in office?

Butch,

I'm sorry but you apparently don't know the truth. There is no "if" about it. The NBER is the body that determines when recessions start. The recession began in March, 2001, during the Bush administration. Bush campaigned on talking down the economy, so much so that it probably weakened the economy to some degree, to justify his tax cuts for the rich and that he should be elected President.

"Butchie" says the economy is humming along... hmmm... three dollar gas, record home foreclosures. soaring unemployment rate, stocks tanking, CEO's in prison...

If those are signs of success, welcome to PRAVDA, butch baby!!!

Salute!

Uh....Daphne....what country do you live in?

Jerry, like I said - even if you accept that the recession began in March 2001, tell me an economic policy that Bush changed in his first six weeks in office that caused the recession? Or did Bush simply "talk" all of those dot.com companies into bankruptcy during the 2000 campaign? Boy....and you folks say the man has not verbal skills?

Butch,

Bush's "policy" was to tell us the economy was in terrible shape, which he succeeded in doing. You bought it. That some internet companies failed was reasonable since the stock value of many of many of those companies made no sense. Their value was as investor playthings. You are again trying to convince us of what Bush convinced you of, that US economy depended on the inflated value of flash in the pan "dot bombs."

I live in The United States of Amnesia.

Former Federal Reserve Chairman (which means he went to college) Alan Greenspan says anyone who thinks the Iraq War is not about oil is an "eeediot".

You an eeediot?

Daphne, you'd best revisit what Greenspan said because *surprise* you are completely wrong.

He clarified his remarks stating, "I was not saying that that's (oil) the administration's motive," Greenspan said in an interview Saturday, "I'm just saying that if somebody asked me, 'Are we fortunate in taking out Saddam?' I would say it was essential."...."I have never heard them basically say, 'We've got to protect the oil supplies of the world,' but that would have been my motive."

Oh my goodness! Gee, Daphne, your newfound hero Alan Greenspan is actually the one saying we SHOULD HAVE taken out Saddam for 'oil'. He called the removal of Saddam "essential". Hmmm....me thinks you'll be catching to first flight you can get to the United States of Amnesia now. Good day.

hey Butch...
IF you can read,I suggest you read Paul Krugman's op ed piece in today's NYT.
You might learn something.
Lars and godfry have it right.

lady, lars and godfry may or may not "have it right". But one thing I can guarantee is that Krugman 99% of the time does not. The fact that you would cite him as a credible source says enough about what you know about Krugman.

Shooting off your mouth doesn't seem to say as much to us as the world economy blowing a hole in our wallet. Bush is a LOSER and his LOSER supporters so far cost us half of all our money, just sitting here listening to them LIARS. Remember them when we meet in the unemployment lines and soup lines, they're the ones driving the SUVs in the gas lines.

Report: Former Fed Boss Says Euro Could Replace U.S. Dollar As Favored Reserve Currency, AP, Monday September 17
FRANKFURT, Germany (AP) -- Former U.S. Federal Reserve chairman Alan Greenspan said it is possible that the euro could replace the U.S. dollar as the reserve currency of choice.

According to an advance copy of an interview to be published in Thursday's edition of the German magazine Stern, Greenspan said that ...


Sponsors




As a lawyer/blogger, I get
to be a member of:

In Vino Veritas

Charamba, Douro 2008
Horse Heaven Hills, Cabernet 2010
Lorelle, Horse Heaven Hills Pinot Grigio 2011
Avignonesi, Montepulciano 2004
Lorelle, Willamette Valley Pinot Noir 2011
Villa Antinori, Toscana 2007
Mercedes Eguren, Cabernet Sauvignon 2009
Lorelle, Columbia Valley Cabernet 2011
Purple Moon, Merlot 2011
Purple Moon, Chardonnnay 2011
Abacela, Vintner's Blend No. 12
Opula Red Blend 2010
Liberte, Pinot Noir 2010
Chateau Ste. Michelle, Indian Wells Red Blend 2010
Woodbridge, Chardonnay 2011
King Estate, Pinot Noir 2011
Famille Perrin, Cotes du Rhone Villages 2010
Columbia Crest, Les Chevaux Red 2010
14 Hands, Hot to Trot White Blend
Familia Bianchi, Malbec 2009
Terrapin Cellars, Pinot Gris 2011
Columbia Crest, Walter Clore Private Reserve 2009
Campo Viejo, Rioja, Termpranillo 2010
Ravenswood, Cabernet Sauvignon 2009
Quinta das Amoras, Vinho Tinto 2010
Waterbrook, Reserve Merlot 2009
Lorelle, Horse Heaven Hills, Pinot Grigio 2011
Tarantas, Rose
Chateau Lajarre, Bordeaux 2009
La Vielle Ferme, Rose 2011
Benvolio, Pinot Grigio 2011
Nobilo Icon, Pinot Noir 2009
Lello, Douro Tinto 2009
Quinson Fils, Cotes de Provence Rose 2011
Anindor, Pinot Gris 2010
Buenas Ondas, Syrah Rose 2010
Les Fiefs d'Anglars, Malbec 2009
14 Hands, Pinot Gris 2011
Conundrum 2012
Condes de Albarei, Albariño 2011
Columbia Crest, Walter Clore Private Reserve 2007
Penelope Sanchez, Garnacha Syrah 2010
Canoe Ridge, Merlot 2007
Atalaya do Mar, Godello 2010
Vega Montan, Mencia
Benvolio, Pinot Grigio
Nobilo Icon, Pinot Noir, Marlborough 2009
Portuga, Rose 2011
Revelation, Chardonnay, Pays d'Oc 2010
Beaulieu, Cabernet, Rutherford 2005
Monte Alto, Tinto Reserva 2005
Chateau Ste. Michelle, Cabernet, Indian Wells 2009
Espiral, Vinho Rose
Vin-Koru, Pinot Gris 2011
14 Hands, Hot to Trot Red 2009
Rodney Strong, Cabernet, Sonoma 2009
Abacela, Vintner's Blend #11
Portuga, White 2010
La Bourgeoisie, Red 2009
Januik, Red 2009
Three Rivers, River's Red 2008
Kirkland, Alexander Valley Merlot 2008
Muga, Rioja Rose 2010
Quinta das Amoras, Vinho Tinto 2009
Mauro Molino, Barbera d'Alba 2009
Garda Chiaretto Rose
Columbia Crest, Two Vines Vineyard 10 White
Chateau Ste. Michelle, Pinot Gris, Columbia Valley 2009
L'Hortus, Rose de Saignee 2010
Maculan, Pino & Toi 2008
McKinley Springs, Bombing Range Red 2008
Trader Joe's Pinot Gris 2009
Montes Alpha, Cabernet 2007
Gran Sasso, Sangiovese, Terre di Chieti 2009
Garda, Classico Chiaretto Rose
Beaulieu, Cabernet, Rutherford 1999
Picos del Montgo, Tempranillo 2008
Chateau de Montmirail, Vacqueyras 2008
La Granja 360, Syrah 2009
Montgras, Carmenere Reserva 2009
Lange, Pinot Gris 2009
Columbia Crest, Horse Heaven Hills Cabernet 2008
Kirkland, Pinot Grigio 2010
Trader Joe's Coastal Syrah 2009
Columbia Crest, Horse Heaven Hills Merlot 2008
Trader Joe's Coastal Chardonnay 2009
Vieux Papes Red
Domaine de l'Aujardiere, Chardonnay 2009
Santa Rita, Cabernet, Medalla Real 2007
Penfold's, Koonunga Hill Shiraz Cabernet 2008
Guild, Red, Lot #02 2008
Dievole, Dievolino Sangiovese 2008
Laforet, Burgogne Chardonnay 2009
Columbia Winery, Merlot 2007
Bonterra, Cabernet 2008
Elk Cove, Pinot Gris 2009
Maquis Lien 2006
Scott Paul, Pinot Noir, Le Paulee 2007

The Occasional Book

Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

Road Work

Miles run year to date: 21
At this date last year: 52
Total run in 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269


Clicky Web Analytics