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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject6/27/2001 7:35:32 PM
From: kendall harmon   of 37746
 
James Padinha on Alan Greenspan
Let me get this straight. You failed to recognise one of the
biggest ridiculous booms ever even while it followed you everywhere you
went screaming I Am A Boom every three minutes for two full years. More
than three hundred and fitty thousand screams. Eventually you slammed the
economy straight into a telephone pole. Meantime your Fed's forecasting
record has been downright terrible especially over the past six years.
Meanwhile your colleague Larry admits that the Fed is far and away the
Number One cause of recessions. And yet while we are sitting here in this
black mess you created looking at our hands right in front of our faces and
not seeing them you refuse to get specific about your thinking concerning
the near-term future and about all of the economic and monetary things that
have everyone wondering whether the world is ending. Are you high?

Padinha used to write for thestreet.com

an excerpt from his email commentary
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