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Strategies & Market Trends : Drillbits & Bottlerockets
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To: Augustus Gloop who wrote (11555)5/16/2001 9:46:11 AM
From: Diana  Read Replies (1) of 15481
 
I enjoy tossing out ideas and inviting response from folks I think are interesting. But that is rather vague for communication in this milieu. Didn't mean to take you out of context. Was just trying to be succinct.

I agree the Greenspan scourging was harsh. That's why I left that part in. . . so that folks could see the writer's attitude along with the interesting data about how behind the curve (as if we didn't know that) the Fed is. Obviously, the Fed is not staffed by criminals, but they may be taking on more deliberation than they are empowered to; and their friendly advisors from government and Wall St may have more concern about their own wallets/agendas than the good/stability of the country. (Once again, no particularly criminal intent, just short sightedness or incapacity.) I get the feeling that the Fed is burrowed so far down into the system that they are chasing their own tails.

And I'm still concerned about a Great Unknown like Argentina's debt, war, corporate debt, etc. that the Fed may know about.
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