I am glad Greenspan spoke.

One's loyalty must be to the nation first and party loyalty should be dependent on what the party is going to do the nation. The arrogance of republicans Bush Cheney will be paid for by a ton of good republicans - shamelessly good for nothing, the one's who did not speak when the bush cheney were set on doing evil things to our nation.

Mike Ghouse
www.Mikeghouse.net

Mike Ghouse, Carrollton/ Dallas, Texas

Greenspan is hiding from his decision, an error on his part to cut interest rates, and also is trying to sell his book,
The gimick of many a writer is to make the story a story of scandals.
Many are using their fame to destroy. If the economy would have abounded, he would have used other tricks to blame the president. I am not a president's man. I believe that the president is not a politician and therefore has failed. But he shoot right from the heart.
Indeed oil was the purpose to go to war and while this might be considered his greatest mistake, the last word has not been pronounced. What if the oil rich nations are able to dictate the west how to govern the globe in return for oil.

Johannes, Lake Mary,Florida, U>S>A

Greenspan did not cause the bubble. The bulk of the problem was created by greedy money people who offered high interest rates to unquallfied borrowers sold the loans and made the millions upon millions off of the spread.

greg h, Cranberry Township, PA

It seems like some of you want to blame Greenspan for President Bush's reckless policies, which are directly responsible for the present deficit. The war in Iraq , which has lasted at least 4 years too long and cost the taxpayers Hundreds of Billions which we really cannot afford. The policy that George Bush should heed to is "The buck stops here!"; Harry Truman had it right.

George, Elkridge,, Maryland

tse.... tse.... Iam sure they (Andrea and Green)didnt read the ecnomica paper that night...

Xbase, Whiteplains, NY

Highly respected? He did more to cause the economy to tank than any other individual. His indecipherable opinions weren't funny; they were disgusting. I have no respect for him, and I'm glad he retired.

David, Minooka,

interesting indeed !

jim snodgrass, porterville,, calif. USA

this is very interesting indeed !

joanne allen, los osos, ca., california,USA

And the TRUTH shall set you free...

What's amazing is that it took so long for someone the RHS respects to say it. Well, there goes the respect they had.

Nancy Naive, Norfolk, VA

Let the finger pointing begin. As far as I'm concerned, Bush, Clinton, Bush & Greenspan are equally culpable. Greenspan is the clown who said we needed the H-1b visa programs to keep IT wages down. Bush the Elder started up the NAFTA talks that were signed into law by Clinton. Clinton signed into law a massive increase in foreign work visas and Bush the younger decided not to enforce immigration laws. Greenspan kept lowering the interest rates. If Greenspan thought it was wrong to lower the rates he could have done the ethical thing and resigned.

Richard Morrow, Woodland Hills, California

I think Greenspan should change his name to Redspan. Every time he play yoyo with the interest rates, stock market indices went red. It's laughable to read that Greenspan blamed Bush. He must be kidding. It was Greenspan who's inflated the real estate market bubble by cutting interest rates a dozen times. It was he who pricked the bubble by raising interest rates a dozen times. Talk about exuberance.

larry, los angeles, ca

"Lambasts"? "Harshly critical attack"? "Onslaught"? So much for delivering on that ridiculous hyperbole. What a poor attempt to use a credible individual such as Greenspan to pile on Bush. So Greenspan disagrees with Bush's policies and decisions. For every one of those individuals there are three who believe that Clinton's prowess as a politician in no way makes up for his utter lack of character and integrity.
This book will have no effect on elections.

Jeff, Lakeland, FL

It is good to see the higly admired retired chairman of rhe Fed come out and say publicly what he thinks. One could argue that Greenspan made several serious mistakes. Even if doesnt admit to those mistakes, it is clearly a combination of White house policiews and the Fed's policy under Greenspan that created the current economic and geo political crisis. For him to finally say that the Iraq war was all about oil should help people understand that the Iraq war will go on for a long long time with American involvement.

The issue that is highlighted in his book about the Bush administration squandering the repect of the world that we had and fiscally irresponsible actions will create a better understanding of the crisis we face and our children will face. It may take 50 or more years to fix what the Bush administration has done to our country. Is it even conceivable that the chairman of the Fed would come out and make these critical statements if he was not really upset.

Shekar Swamy, Media, PA

The truth hurts... doesn't it....

Are there going to be any great presidents in our future... like Washington or Jefferson?

T C R, Richmond, VA, USA

Anyone who can admire Clinton on any level can' t be right about much of anything else...sounds like his liberal wife has had tremendous influence helping him to trash the Republicans...My, my..... could it be that there is an upcoming election to influence Mr. Greenspan? Oh, the power of a tell all book . As they say, timing is everything and the Clinton's have a way with Andrea. Shame, shame....age does not always bring wisdom.

C.E. Nelson, Jonesboro, AR USA

And the truth begins to come out

Henry Koch, blythewood, sc

It is good AlanGreenspan speaks upnow, even if late, against the Bush-Cheney economic policies. But in 2000, it was Mr.Greenspan who facilitated Bush's policies by repeated, successive, unjustified interest rate cuts......even as Bush was cutting taxes for the very rich and pouring money into the Iraq war, without restraint. With both Houses in total Republican control, the insufferable arrogance of the administration has led today's deficits of enormous proportions and unlimited Corporate Gains at the expense of the traditional labour force.That is sad not only economically but socially and culturally for the entire population as a whole..

Dr.B.Thyagarajan, San Antonio, Texas, USA

Since the attacks of 911 The United States is at War on Terrorism. In war you have to spend to defend yourself, Mr Greenspan wants to win a war within a budget, thats an accountants point of view.

The voters have last say

mo, malaga, spain

Level-headed reasoning; wow, don't you miss that in and about Washington. Right about now, I bet we are all wishing that people who think along those reasoned lines were in positions of power. It's scarey to think that they are not. Too bad President Clinton goofed up; the economy has suffered for that since then. Where does one go post-Greenspan? All we can hope for is that people in positions of political and economical power try thinking with their heads and not with popularity polls blurring their vision. This rollercoaster ride is probably going to get worse with fewer principled politicians who hide the reasons for their actions. Greenspan's reasoned thoughts represent a shining light during this age of darkness.

C. Johnson, New Orleans, Louisiana, USA

The Maestro of American Economics has spoken.......
Just another aspect of how this Bush/Cheney co-presidency has drug this country down in more ways than one....

B. J. Anderson, Jamestown, Pennsylvania

Hey babe - why don't you come up to my place and read my new economics paper???

I'll have to remember that one.

Serioulsy though, looks like he is coming clean before he dies, I'm sure there will be a lot more to tell about the evils of George Bush and the Republicans. This also confirms what I have long thought - the Democrats are now the fiscal conservatives, the Republicans are wild eyed radicals on the far far right. Now if only there were more liberals around...

Simon, North Saanich, BC, Canada

I am glad the Greenspan is expressing his views even though it not politically correct for him. I am glad he is speaking his mind that this Bush administration has spent our budget deficit from Clintons surplus. Bush is the worse president the USA has ever had.

:(

Name Withheld, IRVINE, CA, USA