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Pastimes : All Clowns Must Be Destroyed
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To: Dwight E. Karlsen who wrote (18509)3/17/2000 2:59:00 AM
From: KeepItSimple  Read Replies (1) of 42523
 
>I'm certainly no expert on the subject. I'm just saying that at least
>to the public's knowledge, the Fed is not directly intervening, a
>la Taiwan's Govt.

I guess you missed when Greenspan bailed out LTCM with his surprise interest rate cut 15 minutes before options expiration in 98, to return the favor to the banks who agreed to cover LTCM's debts? Was that obvious enough?

Dude, I must have read a dozen articles on the money supply scam. I'm not just pulling this out of thin air. In Greenspan's testimony before the congressional panel last month he was asked directly: "You said you were going to drain the liquidty out of the system after Y2K, but in fact you have in fact injected an ever increasing amount of liquidity even after Y2K turned out to be a non-event. Aren't you just supporting a bubble in the stock market?"

And greenspan replied: "It's hard to define exactly what money 'is.' "

That clown sounds like clinton with his famous "That depends on what your definition of 'is' is" line about monica.
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