General Zinni on Sixty Minutes

Denyav wrote:
Richard Nixon imposed wage/price controls in August of 1971 thereby
fostering shortages and inflationary expectations. He then bungled
relations with OPEC and IRAN causing a series of supply-side oil shocks.
It was Gerald Ford who gave us the WIN (Whip Inflation Now) buttons
as the economy spiraled out of


Nixon made also a capital mistake and scrapped Bretton Woods.
That was a serious blow to the plans of Global Financial Power so Nixon had to
pay the price.

Interestng point. However, its significance is probably lost on the
yahoos. They probably think Bretton Woods is a real estate development
on Long Island.

Oddly, despite my disparaging comments about Nixon, his record on civil
rights and the environment was quite good. He appointed quite a few
minorities and women and had much to do with the EPA and OSHA. He
started out with a couple of Supreme Court nominations that were
clinkers (Haynesworth and Carswell!) but then gave us the core of the
Burger Court which turned out surprisingly well.

Some say he was the last liberal President. Too bad he had to be so
paranoid.

Cheers

--mike