(CNN) - Former Fed Chairman Alan Greenspan is supporting John McCain's White House bid, CNN has confirmed.
"I am a Republican and expect to vote for the Republican candidate, but I am not involved in politics," Greenspan said in a statement issued to CNN by his office.
The statement follows comments Greenspan reportedly made to a Spanish newspaper on Sunday.
"I support John McCain, who I know very well and who I respect a lot," he told El Pais.
McCain has previously indicated he will seek Greenspan's council on economic issues should he win the presidency. At a campaign event in South Carolina last fall, the Arizona Republican even said he would take him "alive or dead."
"If he's alive or dead it doesn't matter. If he's dead, just prop him up and put some dark glasses on him like, like 'Weekend at Bernie's,"' McCain joked. "Let's get the best minds in America together and fix this tax code."
Greenspan served as the U.S. Fed chairman from 1987 to 2006.
In a statement, McCain spokesman Tucker Bounds said Greenspan's support is "of enormous importance to John McCain."
"It should reassure voters that, while John McCain is humble, he is still the best qualified candidate to keep taxes low and get our economy back on track," Bounds said.
This could have only been news if he endorsed, maybe, Huckabee!
That is one of the less intelligent quotes I have heard this election from McCain...
Why is someone McCain's age watching "Weekend at Bernie's" by the way?
He was with Bush anyway!
What a surprise.
McCain is a dummy! Another 4 years of a dummy.
Now that's a bone head move.
I guess he identifies with him – same generation.
Did he just say "...like in Weekend at Bernie’s..."?
Would anyone be a good advisor if they were deceased?
Is this guy for real?
This is the best we could come up with for half of the nation's constituents?
Chime in people. I am severely confused.
And yet John McCain admits he "doesn't know as much about economics as he should." Do you really want someone who doesn't understand the economy for president? John McCain is an economics flunkie.
nothing against Greenspan, but shouldnt we look for an infusion of some new ideas and new people rather than asking Greenspan for his advice. i think after 19 years of leading the fed, he's given his opinion and made his mark, good or bad.
this constant drumming up of support for people who've been inolved on the scene for endless decades is really starting to get on my nerves.
A 'Weekend at Bernie's" President would make a nice match for our 110th Congress...
One old man to another old man, Retire and be gone, both of you.
So, if McCain wins, not only will we have a "one-foot-in-the-grave" President, but we can also look forward to him choosing advisors without a pulse.
Just perfect. I suppose it doesn't matter anyway... when you go with the "MORE OF THE SAME" strategy, it probably doesn't even mater if your advisors can speak up.
Clinton has Mark Penn,
Obama has his Minister,
MCCAIN HAS ALAN GREENSPAN!
Do the math, McCain in '08!
Youll probably die before Greenspan does McLame! Wake up already. Everyone is making Weekend at Bernies jokes about you!
However, should Greenspan go first, how will you ever get any new books to help you learn about the economy.
Greenspan is a smart guy, though he did make some mistakes as Fed Chairman. Any president receiving his counsel will benefit.
The dead leading the dead! Whoopee!
Anyone with common sense knows it's about the economy. The war, health care, etc. is ultimately dependent upon the economy. Bush screwed-up, no doubt. But we can't conceivably replace him with a tax-and-spend Democrat like Obama. That would spell disaster and only exascerbate our tail-spinning economy even further. Romney would have been the ultimate choice, but nobody wanted a Mormon.
Oh no more people are going to loose there homes. Plus pay 12.00 a gallon for gas.
According to some MSN experts Greenspan played with the interest rates every year put one in the 17 years he was in office. He is most likely responsible for this Houseing bubble. Now it is hitting the retirees the hardest and we have him to thank for this. Why would McCain want his advice?
Oddly enough, I can very easily picture Greenspan in a "Weekend at Bernie's"-like situation...
Greenspan is partially why we are in the economic situation we are in now! Figures he would support the candidate with the worst plan for repairing the economy, that he helped destroy.
The same thing could be said about McCain:
"It doesn't matter if he's alive or dead, just prop him against the wall'<
McCain's a BUSH PUPPETT!!!
BOY, THAT WAS A STRONG BACKING!I THINK McCAIN PROBABLY DOES WANT TO DO THE RIGHT THING BUT.......
HE WILL GO ALONG WITH THE REPUBLICAN PARTY OR ELSE!!!!
THIS IS WHY WE NEED HILLARY CLINTON IN THE WHITE HOUSE!!!
SHE IS SMART AND WILL WORK WITH ANYONE FROM ANY PARTY TO GET THINGS DONE!!!!!
SHE IS THE HONEST CANDIDATE! WHO CAN WIN IN NOVEMBER!!!!!
He is so old!