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Pastimes : I AM A MINDLESS ZOMBIE

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To: TobagoJack who wrote (4)	8/15/2002 6:44:20 AM
From: Maurice Winn	Read Replies (1) of 258

Jay, I'm all for blaming authorities for things they do wrong. It's just that I haven't seen anything he's done wrong. It's all been very predictable and it's surprising that other people are surprised at what he's done. During the second half of Y2K, I thought he should have been dropping interest rates quickly since the deflating process had obviously started and it was a biggie to be deflated. I even started wondering whether it wasn't a ploy to make it less likely for the Democrats to get the Presidency again, by keeping interest rates high - lowering rates would have introduced a feel good factor and given how close the election was, perhaps return the incumbents [albeit one removed]. So yes, he didn't do things just as I would have done. But a few months delay won't have made a huge difference to the outcome - anyone could bet against him if they wanted to since he was delaying. Also, I thought Y2K would be a fizzer from the computer bug point of view and wouldn't have pumped up the currency in preparation, but again that wouldn't have made a big difference. It's funny that the true bug was the extra 00 people thought they had in their share balances rather than the 00 representing computer dates. Mqurice Mqurice

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