It only "works" if you have honest figures. You have FRAUD now. Probably FRAUD for the past 12 years. At least FRAUD for 5 years. FRAUD. FRAUD. FRAUD. The wallstreet house of cards is built on FRAUD. Why is this concept so hard to swallow? Read below for what I think of the Fed.
Maestro: Greenspan's Fed and the American Boom
Format: Hardcover, 270pp.
ISBN: 0743204123
Publisher: Simon & Schuster
Pub. Date: November 2000
Here are my favorite quotes from reviews. Remember, this is November, 2000.
"The book's tentative working title was Boom, and the book focuses on how Greenspan engineered the great U.S. economic resurgence of the 1990s." SOROS Note -- "Boom" -- great word in retrospect! A deep, HOLLOW, resonant sound.
"After the 1987 market crash, for example, he authorized the Fed to act as a guarantor on private-sector loans to avert a string of potentially disastrous defaults. He also encouraged Treasury Secretary Rubin to use U.S. funds to bail out the troubled Mexican government in 1995. And when the effects of the Asian collapse hit U.S. markets, he actively supported the bail-out of a major hedge fund, lest its collapse cause a general market crash. Each of these controversial actions had its detractors, but one of the strongest themes of Woodward's book is Greenspan's commitment to his convictions even in the face of opposition. And time has proven that Greenspan's convictions are usually right." SOROS Note -- Borrow, bail. Bail, borrow. #1 rule is "never hurt the stock market". Live for today. Clinton philosophy. Time has proven that his agenda is now collapsing around him.
"Maestro traces a fascinating intellectual journey as Greenspan, an old-school anti-inflation hawk of the traditional economy, is among the first to realize the potential in the modern, high-productivity new economy — the foundation of the current American boom. Woodward's account of the Greenspan years is a remarkable portrait of a man who has become the symbol of American economic preeminence." SOROS Note -- Symbol of New Economy Stock Scam
"In Maestro: Alan Greenspan's Fed and the American Economic Boom, what comes across most clearly is Greenspan's skill at the political power games that determine who survives in the cutthroat world of Washington." SOROS Note -- The truth of why Greenspasm made the decisions he made in the 1990's!
"The author describes how the Fed chief forged close ties with Bill Clinton" SOROS Note -- NO KIDDING!!!!! His New Economy work is Clinton's New Economy dream. Keep your perks and screw the country.
"Either Federal Reserve chair Alan Greenspan has had an amazingly long run of remarkably good luck, or he knows what he's doing and really is what most observers believe him to be, the maestro of the rock-solid prospering American economy." SOROS Note -- I can't write a comment because I am choking!
"Woodward's remarkable insight is apparent at the end of the book, though, as he poses the question of when the boom will end, and what unforseen momentous event will bring this end." SOROS Note -- It's called FRAUD!
"It is clear that after reading this book Greenspan and President Clinton coordinated together to help bring about the economic boom in the U.S., which started in earnest back in 1993 and reached a peak between 1997-2000." SOROS Note -- I have to agree that Clinton and Greenspan are greatly responsible for the fraud, manipulation, selfishness, greed, lies, and downfall of the economy.
I remain,
SOROS |
