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Politics : Right Wing Extremist Thread

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To: Bill who wrote (3583)1/27/2001 7:28:51 AM
From: GROUND ZERO™  Read Replies (1) of 59480
 
If Greenspan had left interest rates alone 18 months ago, he wouldn't have to make any counter adjustments today, I think the Federal Reserve Act itself should be repealed... we don't need a lone un-elected elderly banker meddling with an entire economy and the free market system, these markets can adjust pretty well on their own and have demonstrated that in the past numerous times when left to operate freely on their own accord..... and Greenspan himself may agree with me too... during his televised talk, he even said that neither he nor anyone at the Federal Reserve expected the economy to slow as quickly as it did... translating that into plain English, he said he goofed and maybe he should not have been so heavy handed, that maybe he should have just left the economy alone to work its own way without all that meddling.....<g>

GZ
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