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Non-Tech : The Woodshed
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To: NOW who wrote (6343)5/10/2004 11:58:35 AM
From: Mike M2  Read Replies (1) of 60910
 
TE, I think it is very interesting that the idea was presented by a member of the establishment who was later put in a position - Deputy Treasury Secretary and later Treasury Secretary under Clinton to implement those ideas. Is this proof? - of course not but I would not dismiss the idea as a crack pot theory. I don't know if you are aware of this but former Federal Reserve Governor Robert Heller opined in the op. ed. section of the Wall St journal ( Oct 1989) that the Federal Reserve should intervene in the stock market in times of stress- he suggesting using S&P futures. Mike
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