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Non-Tech : Greenspan, Rubin & Co - the Most Irresponsible Team Ever??
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To: Cynic 2005 who wrote (186)7/24/1999 2:15:00 PM
From: Thomas M.   of 309
 
From Barron's:

Mogambo Guru
9241 54th St. North, Pinellas Park, Fla. 33782

JULY 13~Now we'll see if Greenspan is going to forever forsake his duty to
offset insane fiscal policy, namely huge stimulus spending with the economy
sporting an unemployment rate of only 4.6%. Judging by his past behavior, he
won't do more than flap his lips a few times about "caution"; this is the same
guy under whose watch the Fed has sterilized more than $500 billion in
T-bonds. It now appears that Greenspan will achieve immortality as the sine
qua non of most accommodating, see-no-evil, ball-playing Fed chairman in
history. Paul Volcker, where are you now that we need you?

-RICHARD DAUGHTY
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