Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (10820)	10/19/2001 5:37:58 PM
From: smolejv@gmx.net	Read Replies (1) of 74559

>>. It is obvious from his actions ... that Greenspan thinks he has a roll << He's a political figure - much in the same vein as Mother Theresa or some character from SNL(except he's the ORIGINAL;) His main job or function is spin - which does not hurt at all, if needed at the little league level. However, he's supposed to be the Wizzard of OZ - US edition. During his reign US a) got more in debt b) by M&As cut down significantly on its assets c) let the consumers get convinced they got the world by the balls d) did nothing to cater to the balance of payments OTH he's just a brick in the wall, I mean he's just YA (yet another) FED president. dj

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