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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (69043)2/19/2001 9:30:14 AM
From: flatsville  Read Replies (3) of 436258
 
Read the entire article. The best thing you can say about him is that he's "new," doesn't understand the financial press and this episode has been a "learing experience" for him. The worse thing is that he's beginning to sound like the idiot he most likely is.

A clearly piqued Treasury secretary pointed to his Senate confirmation hearing Jan. 17, when he declared at the outset that he favored a strong dollar, wondering aloud at that time why anyone would think he would do otherwise.

Perhaps because he appeared to say so?

The very next paragraph--

However, financial markets buffeted the dollar Friday on a report in the Frankfurter Allgemeine Zeitung that seemed to quote O'Neill saying there in fact wasn't a strong dollar policy - that the strength of the currency in all ways reflected the health of the American economy.
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