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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (7372)8/18/2001 7:46:04 AM
From: Maurice Winn  Read Replies (1) of 74559
 
Jay, thanks for proving my point. As those remarks show, Senators are senile [as well as the Congressors], Senator Wayne Allard being unable to get from one end of a sentence to the other without going off the rails, forgetting what he'd said in the earlier part of the sentence.

Uncle Green$pan on the other hand, completed a very long sentence, which would be totally unintelligible to the monosyllabic sound-bite J6P, or Wall Street financial jargon and cliche proponents, full of content, understanding, explanation and reply to the original silly, ungrammatical Senatorial question which was unanswerable in any meaningful way. Uncle G did not forget his place in the sentence. He remembered the multi-faceted question, answered each component of it in a percipient but succinct way and even got his apostrophe's in the correct place.

I rest my case. No senile person could complete a sentence like that. In the words of Popper, it falsifies the concept that he is senile.

<Colorado Senator Wayne Allard: "Chairman Greenspan, I think you would agree with me that housing has played a significant role in our economy historically, and it continues to play a significant role today. And these are not necessarily high-tech jobs. And I wondered if you could elaborate -- and you didn’t mention that -- make any comment in your remarks about housing. I just wondered if you could maybe elaborate on the trends for housing prices, spending on residential structures, and mortgage interest rates.

Chairman Greenspan: "Senator, I think one of the things that’s occurring in this country is the evolution of housing into a very sophisticated, complex industry, in the sense that we not only have got standard home building aspects of homeownership-related activities, but we're also beginning to find that as homeownership rises and as the market value of homes continues to rise, even in a period when stock prices are falling, we’re observing a rather remarkable employment of that so-called home equity wealth in all sorts of household decisions."
>

Thanks for saving me the PayPal $1.

It's obvious that anyone who accuses Uncle G of senility is confusing their own befuddlement about what Uncle G said with Uncle G instead of themselves. They figure that if they don't know what he said, it's because there is something wrong with Uncle G. They are so stupid that they don't realize the defect is in their own head. They are using a 286 where they need a neural net supercomputer.

Mqurice
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