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Greenspan on the Real Fiscal Problem

Alan Greenspan makes an important point: NEW YORK (MarketWatch) — Former Fed chief Alan Greenspan sent a message to Washington policymakers: Don’t think about naming him to another commission seeking…

Tax Reform

It appears that the President’s commission studying fundamental tax reform is nearing its final recommendations. From the NYTimes: WASHINGTON, Oct. 18 – President Bush’s tax advisory commission agreed today to…

…not task it to take any specific action. Ashcroft may have actually been incompetent, not just making assumptions. On page 209 of Chapter 6 the commission gratuitously notes that Ashcroft…