Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (5530)	8/30/2002 2:13:02 PM
From: Baldur Fjvlnisson	Read Replies (1) of 89467

Yawn. In December 2000 the green one was whining over his banker pals to keep the bubble going. Keep lending. By February Sideshow Bob McTeer was imploring America to keep shopping: "If we all join hands together and buy a new SUV, everything will be OK....Go out and buy something." -- Robert McTeer, Federal Reserve Governor, February 2, 2001 No, I'm not kidding, it's on record. "What we dearly want is for Americans to behave like Americans--to do the patriotic thing and go out and spend...we need you...Even more important, what we need is for the business community to stop contemplating its collective navel and get busy investing..." -- William McDonough, President of the Federal Reserve Bank of New York, quoted in the Chicago Tribune, October 12, 2001

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