Greenspan: The worst Fed chief ever

My opinion of Alan Greenspan has changed over the past few years, probably as my understanding of what he does improved. To me, the worst thing he did was compromising the neutrality and independence of the Fed when he recommended the huge 2001 & 2003 tax cuts, mostly to satisfy the Bush administration (he’s Republican). And, I do agree with the writer that he is overrated as a Fed Chairman. However, I am not as negative about him as the writer of this column is. Nonetheless, his points are worth considering and I could very possibly be mistaken about the possible impact of a housing slowdown--I don’t expect a huge meltdown as the writer does.