Good Morning Ike,
Well, being a private pilot "Landing" and "Take-Off" are the absolute most dangerous parts of the flight. The Take-Off is over and we are returning from the outermost parts of the stratisphere. Greenspan is the Pilot, and he is instructing you to fasten your bank account for the landing, It's a bright sunny day, but the horizon has some ominous black clouds starting to appear, and windshear has been reported at the airport. He has contacted the tower and they have cleared him for ILS Approach runway 32 left, he is low on fuel, so there will be no go around on a missed approach. The emergency rescue crews are standing by, and it has begun to rain. Things were good at 5000 (Compx) but we have to land, and he finds he has a hard time maintaining altitude at 3000 (compx). He tries to restart engine 4 but the turbocharger (interest rate cut) disengages, so he will land with 3 engines.
HE Must respond to the tower regarding the following:
Mr. Greenspan your engine 1 is at full throttle you state productivity and efficiencies are at record breaking levels never seen before, then will you answer why corporate earnings are falling, personal savings are negative, and disposible income whether credit or equity driven is declining at an alarming rate?
Why is the U.S. Inflation Rate the Highest in the Industralized World?
Why do your smoke and mirror statistics, strip food and energy from the equation? You may not want us to see it in the CPI but we see it in the corporate profits, as their energy cost skyrocketed 65% over last year.
Why do you continue to ignore the "Big Bang" theory that is increasing the Trade Gap exponentially?
Mr. Greenspan, If The US Economy is so strong why is the dollar showing signs of weakening, especially against the EURO?
Mr. Greenspan why is Consumer Debt at an alltime record High?
Mr. Greenspan why is Personal Bankrupcy filings at alltime record High?
Mr. Greenspan why is the U.S. current account deficit widening at an alarming rate?
Mr. Greenspan why are the markets controlling your decision making process regarding interest rates?
Mr. Greenspan.... you are cleared to land, and may God be with YOU! |
