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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AC Flyer who wrote (117429)8/18/2001 7:49:35 AM
From: marginmike  Read Replies (1) of 436258
 
IS THAT A JOKE? Allan greenspan is asleep at the switch, and George Bush was the guy who started the fiscal restraint. Al Greenspan has contradicted half the things he has said. He says at Dow 7440 that stocks are at ridiculous valuations. Then in 1998 at that same level he turns on the spigots. At dow 10-11000 he says these prices are now justified......HUH? Then he says productivity is overstated, then he says its a miracle....huh? In his younger years he talks about over stimulation, and unsustainable credit expansion then he is the person who repeats the blunders he crituqued.....huh?. Look when clowns, bulls, and the guys from Janus bad mouth the fed and AL after they praised him forever is indeed hipocritical. There have been a few here(myself not included) who have been right on about Al Greenspans inconsistencies and his contradictions. The simple fact is he is OUT of controll, and he needs to be replaced.
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