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Politics : Sioux Nation

DJT 14.40

+2.8%

Jan 9 9:30 AM EST

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To: Wharf Rat who wrote (70145)	6/7/2006 10:46:46 AM
From: manalagi	Read Replies (2) of 362221

Look at the latest issue of US News and World Report. Baby boomers are not retiring: they keep on working even though they have enough money to retire: health, social activities, some money etc. I am mad at Bernanke because he is good at theory. Just like professors at some universities who never have job outside the academic field, but teaching how to manage corporations, teaching MBA students? Bernanke is like that. During stagflation he spooks the market saying inflation is looming. Yes, what is the cause of that? He is trying to soothe the symptom but not the cause. Why does he not talk about M3, printing money like Germany before WWII, how about deficit spending, borrowing money, flooding the market with debt that caused interest rate to rise. Bernanke wants to be Greenspan. But in the words of Lloyd Bensen: I know Greenspan, I work with Greenspan. Bernanke, you are no Greenspan. BTW I am not of Greenspan either. My champion is Paul Volker.

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