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

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To: yard_man who wrote (76821)3/7/2001 6:24:10 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
oh really? excesses? now who or what is behind those excesses, if not the maestro's way-too-loose monetary policy and institutionalization of moral hazard?

the excesses have btw. never stopped, not even for a second. naturally he has to urge the (more than willing, i suppose) bankster set to CONTINUE TO ACCELERATE the excess, because that's what he really wants them to do - i'm sure he knows full well that otherwise the bubble's continued collapse can not be averted. the typical 'solution' of Mr. Moral Hazard is to try and produce an even bigger bubble.

Fleck is 100% right...the man is dangerous.
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