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January 14, 2009

After eight long, tiresome years, President Al Gore won't be missed. Even if he did save the planet

TA Frank in The Guardian:

Al-gore No one thought Al Gore would be a loveable president, but, after eight years in the White House, he has gotten truly tiresome. The droning voice, the purchase of an eco-friendly robot dog, the campaign for carbon-free diamonds - all these things were hard to take, and he has been way too smug about reversing global warming. I think we've gone too far in the opposite direction, especially in light of the glacier that recently crushed Wasilla.

I think I started to dislike Gore when he stirred up a media storm after the Feds broke up the terrorist ring conspiring to fly airplanes into buildings back in 2001. He could have let it pass quietly, as Bill Clinton did with the millennium plot arrests in 2000. Instead, Gore held a press conference to milk it for political gain and scare us into a 15 cent per gallon gas tax. But who can afford to pay over a dollar and a half per gallon? No wonder we're resorting to electric cars these days.

And why did he pressure the universally admired Fed chairman Alan Greenspan to step down early in 2002? Replacing him with that old warhorse Paul Volcker was a nasty surprise, especially when Volcker choked off a promising housing boom in 2002 and imposed old, outdated regulations on lenders. Some properties lost as much as 8% of their value that year. Now housing prices are rising really slowly, and GDP barely grew by 3% this year.

More here.

Posted by Abbas Raza at 09:00 AM | Permalink

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