JDS Uniphase (JDSU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDS Uniphase (JDSU)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Holtzman who wrote (6489)	2/19/2000 11:15:00 AM
From: jmanvegas	Read Replies (1) of 24042

Greenspan happened to be the Fed Chairman at the right time in history. This all began with Reaganomics and the explosion in technology and with that permanent and fundamental changes in the economy and productivity. Sure Greenspan has engineered some good moves, but you make him out like he's some god. He's an excellent economist but he is not infallible. I'm sure there are many others who can do his job. Kudos should also be given to former Treasury Secretary Robert Rubin. When he left, things didn't go to hell in a basket. If Greenspan left tomorrow, things would just move ahead anyway. The markets are bigger than anyone, any institution, or any government, and they will take care of themselves. The markets are self-regulating. If Greenspan is targeting the markets and the wealth effect, he is stepping overboard IMO. That is not in his job description nor is it the function of the Fed. Greenspan also has the graybeards on the Fed board to deal with so he has to become a mediator between the hawks vs. the doves on that board. All that being said, I respect Greenspan but I think Larry Kudlow would make a great Fed Chairman. We could always use some new blood and vitality in government agencies. jmanvegas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next