Drudge Retort: The Other Side of the News

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anton

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Former Federal Reserve Chairman and Ayn Randian cultist, Alan Greenspan, gave this speech in 2001: www.federalreserve.gov explaining how awful it would be to pay off our public debt. He also went on to support W's tax cuts (which required the US to borrow even more money for the Iraq and Afghanistan wars) as an effective way to prevent budget surpluses and keep the country in debt. The idea that the Social Security trust fund would have "too much" money in it really worried old Al.

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