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Pastimes : Home on the range where the buffalo roam
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To: stockman_scott who wrote (9279)10/5/2002 11:58:04 PM
From: pbull  Read Replies (3) of 13815
 
That clown's brain needs to be rewired. Here is what needs to happen:
1. We need to raise interest rates. That's right. And Greenspan needs to go, because he's opposed to doing that because it would "discourage investment."
OK, Al. Tell me, bud. What should we have invested in two years ago?
2. Raising interest rates would push the economy over the side and hasten the market's retreat from these still-silly valuations.
3. We need to get it over with. Now. We have generations of people, not just in the United States, but all over the world, who need to get on with their lives.
This is just silly. Stupid silly.
Bring back Paul Volcker. Now.
Because if we did, in a couple of years, the economy _ and the markets _ would be rocking again.
Instead, we have endless Chinese water torture, which will go on, and on, and on, and on .....

PB
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