Word: forde
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...Bush?s adviser Lindsey is a good friend of the Fed chairman?s. So are Cheney and Paul O?Neill, Bush?s choice as Treasury Secretary. Both worked with Greenspan in Gerald Ford?s White House. All of them will be going to work on Greenspan to persuade him that Congress would simply spend the surplus before it can be used for bill paying. And George W., whose father had notoriously frosty relations with Greenspan, has gone out of his way to court the chairman. A few weeks ago, after their get-acquainted meeting in Washington, he even squeezed...
...Rumsfeld, 68, had the stature - he ran the Defense Department for Gerald Ford a quarter-century ago, and he's served four Republican administrations going back to Nixon. And he's got the pedigree. He dealt with low military morale in the wake of Vietnam, has held posts up and down the military and economic policy chains, and sees eye to eye with Bush on a missile defense. He even signed a letter in November criticizing Vice President Al Gore for agreeing in 1995 to Russia's sale of military equipment to Iran...
...been Ronald Reagan's Middle East envoy and Nixon's ambassador to NATO, and he studied deficit reduction under Bush's father. Heck, Cheney was Rumsfeld's deputy when Rumsfeld was Ford's chief of staff...
...writer, Martin gives us a real biography, one that winds through Greenspan's geeky youth (band, glee club, math nerd) to his stint as a professional clarinet player and time spent in the inner circle of author Ayn Rand, and then to his advisory role with Presidents Nixon and Ford. Along the way we learn that Greenspan is yet another powerful political figure who was in the room but didn't inhale, and that as a child he was terrified of the movie Frankenstein. We also get plenty of quotable Greenspan-speak: "I know you believe you understand what...
...careers of Bush's chosen treasury secretary and vice-president and his inherited Fed chairman all date back to the Ford years. For a new millennium in which the U.S. economy must learn to play without its superstar of the past eight years, some knowledge of the old problems - high energy prices, dispirited consumers, international uncertainty - could come in handy. The new Republican president remembers the Reagan tax cut. His advisers remember stagflation. As long as somebody remembers Gingrich, Clinton and the virtues of sound fiscal policy, a little spring turbulence could work out for all concerned...