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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TH who wrote (36399)7/20/2005 2:59:38 PM
From: philv  Read Replies (2) of 110194
 
Mr. Greenspan deserves another 5 years at least. It ought to be a lifetime position, like a judge. He has done such a wonderful job in his stewardship of the Fed Reserve, and the entire world should stand in awe of him and be grateful.

He has produced an economic miracle, and has made many wealthy beyond their dreams, and has produced innumerable millionaires. And think of the jobs in construction, finance, lawyers, real estate agents, advisors, fund management, etc. He has created wealth for whoever cared to partake in his miracle, freely given. And the wealthiest achieved their gains without producing any work at all. It was even rumoured that he once turned vinegar to wine. Now that is a miracle.

Wealth without work deserves a lifetime appointment and commissioning of statutes in prominent places in his honour. And children should be required to memorize his speeches delivered to the Senate and Congress of the United States. They should proclaim a national holiday, Greenspan day!
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