The Continuing Greenspan Hackery Watch

Kash takes Greenspan out to the woodshed and gives his absurd antitax jihad the what-for (read it in full). Anybody exclaiming that tax increases equivalent to those levied in 1993 would destroy our economy should be recognized as a Rayndian hack and no longer given the keys to the Fed. But with Alan descending ever-deeper into incoherent, party-line, hackitude, we can expect him to be around for a long, long time. As Paul Snow Paul O'Neill and Eric Shinseki will tell you, lock-step inxompetence is the quickest path to job security in the Bush administration.