Greenspan - Now He Tells Us

From A. Greenspan's book to be published Monday.

Greenspan on Pres. Clinton:

Greenspan, who had an eight-year alliance with Clinton and Democratic Treasury secretaries in the 1990s, praises Clinton's mind and his tough anti-deficit policies, calling the former president's 1993 economic plan "an act of political courage."

Greenspan on Bush:

But he expresses deep disappointment with Bush. "My biggest frustration remained the president's unwillingness to wield his veto against out-of-control spending," Greenspan writes. "Not exercising the veto power became a hallmark of the Bush presidency.

Greenspan on the Republican congress:

"House Speaker Hastert and House majority leader Tom DeLay seemed readily inclined to loosen the federal purse strings any time it might help add a few more seats to the Republican majority," he writes.

Wouldn't it have been nice if Greenspan was a bit more forthcoming when it mattered.

He also writes:

"I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil."