Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Bearmove...

I disagree entirely. AG is playing his own game, not Bush's. The Fed Governor has never been under the control of the president (see Bush #1 for confirmation) and much of that is for the reason that in general, politicians have no clue about monetary policies and therefore are more comfortable delegating that responsibility. If the Fed screws up the politicians have a scapegoat, if the Fed does well the politicians take the credit.

Win or lose, it is Greenspan's game, not Bush.

mlsoft