Shocking! Alan Greenspan, former Fed chairman and near libertarian, now not only wants banks to be more strictly regulated, but wants the Bush tax cuts to expire. Like many economists, he is concerned about the long term problems caused by our giant deficits, which, any same person can see, will require both higher taxes and cutting back on government programs.
Read the whole story HERE.
Also, I have added a new link under Fun Economics Blogs. It is the Planet Money blog from NPR. Good stuff. They do very interesting podcasts on Tue and Fri.