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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: CAtechTrader who wrote (33172)3/12/2001 6:45:30 PM
From: stockman_scott  Read Replies (1) of 65232
 
Here is an interesting comment on Greenspeak and the FED that I agree with...

<<As to the FED under AG his sin is the fact that for political reason and nothing else, the FED refused or failed to lower interest rates in a timely manner regardless of the political situation. The FED knew by August/ September that the economy was cooling off substantially and failed to act. They dragged their feet through October and November. In my book this is also criminal.>>

Lets hope the FED wakes up and starts to become a MUCH BETTER steward of our economy.

Best Regards,

Scott
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