President Barack Obama Message Board

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Politics : President Barack Obama

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To: Little Joe who wrote (37029)	10/8/2008 1:27:39 AM
From: LLCF	Read Replies (2) of 149317

Cook? I usually like Gold newsletters as they have a good handle on Economics. I'm quite surprised this guy DIDNT EVEN MENTION GREENSAN AND THE FED!!! Clearly a knownothing to be fair... the FED is at the top of the heap for blame!!!!!!!! TOP OF THE HEAP. Why? Well, how do you know if systems are working? They get stressed and bounce back. THE ONLY FEEDBACK YOU GET in a system is observing it stressed. Greenspan eliminated all the stress through a reckless easy money policy. Cook is clearly clueless to be fair. DAK

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