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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (7766)7/16/2008 1:13:34 PM
From: JW@KSC  Read Replies (1) of 41420
 
"Ben B. couldn't hold a candle to the old guy... so far, no demonstrable gift for magic."

Ever try to pull a rabbit out of a hat, with no rabbit? That would be true magic....

The problem is what Greenspan left Big Ben with !

It's all Childs play.

Sir Greenspan had a big square box to work with, in it was a teter tater, the teter tater could Swing full up and Swing full down with no restriction.

What Greenspan left Big Ben with was the same teter tater in an oblong box with not much room to maneuver. A fine balancing act. Yet the Disaster of the Mortgage Crisis which Greenspan started and did nothing to prevent, needs more maneuvering room. Ben can't lower rates, and he can't raise rates. (You could have probably got a $200K home loan if you were working as a clerk at 7-11 and on food stamps..)

The only tool Big Ben has left is what we don't need, printing more money. Wellllllllll, we never really stop, 24 hours a day, 7 days a week..... And who says we don't manufacture anything here in the USA anymore....

Speaking of Big Ben, "does anybody really know what time it is?"

I was talking to a co-worker the other day who thinks gold is a bunch of rocks.

I then told him that if I believe in Gold and he must believe in Pine Trees? As he looked at me weird, I stated you take a Pine Tree worth $3 - 4K. Turn it in to pulp, add some ink and you now have $1 Billion dollars. I'll stick with something rare that can't be manufactured.

Got to head to work.....

JW@KSC
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