Greenspan is a sadist. Its SAD what and why he did it. His fears were "medical industry inflation" ala Hillary Clinton and his other gal pals political philosophy, now his fears, are exposed as merely his chasing a ghost that never came, never was invited and never would have showed up to the party, instead, now, to save face, he will allow the whole economy to be ruined. Our luck, if you can call it that, is that the Saudiis and the Europeans have followed the course I predicted they would 18 months ago. Now they will lead the US Economy back, not Greenspan. Greenspan has single handed destroyed confidence in the US, and US Federal Reserve use of MONETARY POLICY (which is what you would expect from a MONETARY MONARCHIST)....I has given fuel to the idea that the CENTRAL CONTROL FREAKS can only be contained with FISCAL POLICY, and that means de-constructing the federal government bureaucracy by lower and lower taxes, and more and more tax cuts. The alternative is Hillary in 2004, and it would then take a whole village to raise a village idiot of their socialist mindset. I am, Truly your$, -Crystal Ball |