I’ve really been hoping that this election is going to move the country leftward. Bush and the Republicans have been in control of the country and I think you couldn’t get a clearer demonstration of the failures of their policies. From Iraq to the economic meltdown, it’s been nothing but disasterous. Why would you think that tax cuts for the rich and de-regulation of everything would be a good idea in the first place? But I digress, hopefully with this demonstration that these are bad ideas, combined with their extra divisive politics this year, we’ll see a change. If the Democrats win big next week, then they’ll have a chance to change the policies of the country and show that in comparison to what we currently have. Although it will take a long time to come out of this economic mess. One of the most drastic movements I’ve seen was Alan Greenspan’s statements in Congress last week. He essentially said his ideology was wrong and his policies had failed:

“Do you feel that your ideology pushed you to make decisions that you wish you had not made?”

Mr. Greenspan conceded: “Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact.”

“I was shocked because I’d been going for 40 years or more with very considerable evidence that it was working exceptionally well.'’ Greenspan added he was “partially'’ wrong for opposing the regulation of derivatives.

“I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms.”