Re: Greenspan on Social Security

[Tom Abeles]

Is this, perhaps, the old "guns vs butter" revisited? Is it possible that 2/25 will become a date to remember along with 9/11. What if the Iraq war was not about "oil" but about protecting the US dollar as the reserve currency by which oil is bought and trade valued? How much room is there in the US budget once the entitlements are stripped out? Remember that towards the end Rome was forced to give soldiers land so that they could have incomes that would finance their roll in the military. I wonder if the National Guard might not be an interesting variance in today's world? And Rome didn't think that debasing their currency in the world market was a good thing for exports in a free trade world. Funny  thing about those econometric models

thoughts?

tom abeles



dmschanoes wrote:

All you need to know about Greenspan is that he's the guy who wrote a letter
of recommendation to the Federal Home Loan Banking Board (remember them?
regulated the S&Ls pre Reconstruction Finance Fiasco) to get Charles Keating
the charter for Lincoln Savings and Loan.

Guy's got the integrity and spine of a tapeworm.

dms
----- Original Message -----
From: "Michael Perelman" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Wednesday, February 25, 2004 9:09 PM
Subject: [PEN-L] Greenspan on Social Security


  

Is Greenspan working for the Dems.?  Make the tax cuts permanent, cut
    

social security
  

to make the economy grow faster.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu