The Divine Right of Alan Greenspan

I'm not complaining, not by any stretch of the imagination, as Greenspan's regnum at the Fed continues. The NYTimes has this: The New York Times > Business > Greenspan Nominated for 5th Term at Fed. I don't remember a time in my adult life that Greenspan wasn't running the American world economy. A snip:

President Bush formally nominated Alan Greenspan for a fifth four-year term as chairman of the Federal Reserve . . . Mr. Greenspan, 78, has already been Fed chairman for nearly 17 years and has navigated the economy through the boom of the 1990's as well as through two recessions, two stock market crashes, terrorist attacks and two separate wars in Iraq.

Posted by Grayson at May 19, 2004 06:56 AM