In his new book, The Age of Turbulence: Adventures in a New World, former Chairman of the Federal Reserve Alan Greenspan criticizes the Republican Party, of which he has been a member for his whole life. Writing of the Republican loss of majority control of both houses of the United States Congress in 2006, Greenspan states, “They swapped principle for power. They ended up with neither. They deserved to lose.”
Of course, the Republican presidential candidates for the 2008 election are still promoting the same tired agenda that they did back in 2006. They are still choosing to trade principle for power. That’s why, by Alan Greenspan’s own accounting, the Republicans deserve to lose the White House in 2008.
(Source: The Age, September 17, 2007)
