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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (312980)9/30/2005 1:31:35 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Holy $hit! I can't believe Mr. Ed of all people said this!

Edward Yardeni, an economist and chief investment strategist at Oak Associates, is one who thinks that Mr. Greenspan has failed to act responsibly. As he wrote this spring: "The Fed chairman cleaned up the mess caused by the bursting of the tech and telecom bubble by creating another bubble. This time it is in real estate finance. He refused to raise stock margin requirements to stop the previous bubble. Now he has failed to stop the alarming deterioration of mortgage lending standards to stop the housing bubble."

I guess Yardeni gets an "upgrade" from me. I always thought he was a clown and a shill. Now he's just a clown.....<G>
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