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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+3.1%Nov 12 3:59 PM EST
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To: RetiredNow who wrote (50207)3/20/2001 5:31:35 PM
From: Frank Ellis Morris  Read Replies (3) of 77398
 
Down, down, down we go. What a bafoon Alan Greenspan is""

When Mr. Clinton reappointed Allan Greenspan, I wrote many messages complaining about how displeased I was. I got a storm of criticism by so many who wrote idiotic comments defending Greenspan as if it were some kind of God. Never did I imagine how bent this man was on destroying the corporate wealth of this great nation. What has happened in the stock market is a crime against humanity and the Fed has caused the present tyranny.
We are witnessing a crisis of confidence and immense slowdown. Mr. Greenspan and his associates knew that to restore confidence and stop the impending recession a clear sign would be needed. Yes the sign was to lower the interest rates aggressively and today should have been by 75 basis points at least. The President of the US should stop talking America into a recession and ask Mr. Greenspan in the name of humanity to immediately lower interest rates again or to resign. We are in dire need of someone who can appreciate the enormous financial crisis that has swept the nation and fix it. The catastrophe we are enduring is not necessary or justifiable. The economic future of our families and our children have been brutalized by the Fed and America should not have to stand for being ripped off.

Frank
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