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<title>This White House Is Very Strange Indeed</title>
<link>http://www.j-bradford-delong.net/movable_type/2003_archives/000026.html</link>
<description>This White House is very strange indeed. Fred Barnes of the Weekly Standard interviews administration officials, and the picture they paint of how economic policy works seems to have no contact with reality: The Four Horsemen of Bush Economic Policy | From the Winter 2003 issue of The International Economy | by Fred Barnes | 01/20/2003 ...Another big name with diminished influence is Alan Greenspan, the Federal Reserve chairman. Greenspan was close to O'Neill. The firing of O'Neill was "a shot across the bow" of Greenspan, an administration official says. At the White House, there's a feeling the Fed has fallen behind the economic curve. This is bad news for Greenspan, hardly a friend of the Bush family after his tight money policy helped doom the re-election chances of President Bush senior in 1992. White House aides can recite the date--June 2004--without hesitation. That's the deadline for the chairman's reappointment. For Greenspan, the message in the O'Neill canning is that the same awaits him should he jeopardize Bush's re-election prospects by raising interest rates... You fire a Treasury Secretary to send an oblique message to a Federal Reserve Chair that his reappointment is in jeopardy should he not "behave"? Isn't</description>
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<title>Greenspan update</title>
<link>http://www.randypaine.com/blog/archives/000321.html</link>
<description>Found some more good info on the Greenspan controversy - from an economist....</description>
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