Alan Greenspan’s “Controversial” new book

The Sydney Morning Herald reports that Alan Greenspan’s new book is already sparking controversy. Which of the following statements shocks you?

  • “I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.”
  • “‘Deficits don’t matter’, to my chagrin, became part of Republicans’ rhetoric.”
  • “My biggest frustration remained [President Bush's] unwillingness to wield his veto against out-of-control spending.”
  • “The Republicans in Congress lost their way. They swapped principle for power. They ended up with neither. They deserved to lose.”
  • “Most troubling to me was the readiness of both Congress and the administration to abandon fiscal discipline.”

Perhaps these statements are only shocking because they came from a Republican? 

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