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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 39.98-0.4%3:59 PM EDT

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To: Frank Ellis Morris who wrote (26856)4/7/2001 3:02:41 AM
From: Yaacov  Read Replies (1) of 27012
 
Good Morning Frank, I am very puzzled as to why an almost eighty years old man was left along at the helm of most powerful economy in the world! The man is out of touch with reality, and maybe even senile! He took a perfectly running economy and screwed it up. Not only that, but until now he was inisisting that we are heading for a soft landing!!!gg
Now he is sending his cronies to the media to smooth the way for a recession! He has not only screwed-up the US economy but caused great damage to the world economy. And they still don't know the extent of the damage they have caused! The only weapon the Feds have is the rate cuts! So do Japanese Central Bankers; they are at zero rates and their economy has not recovered.
Did you know on what Federal Reserves Depends on to gather data? An army of helpless wonders that could not land a job in private se4ctor and went to work for the Federal Government! Instead of relying on the captains of US industery, they rely on their staff to gather data! I happen to know one of them, and do believe me, what he told me about their method of gathering data made me sick! Why he doesnt meet with the chairmans of major US industries and ask them the real shape of the economy? In wonder why Alan Greenspan thinks Jack Welsh,Andy Grove,Bill Gate, and Michael Dell are not as smart as his army of Data Gatherers? For a being a super power, US Federal Reserve is a low-tech affair!

Kind regards

Yaacov
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