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Politics : Ask Michael Burke

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To: Ilaine who wrote (48472)2/23/1999 4:12:00 PM
From: Peter Singleton  Read Replies (1) of 132070
 
Coby,

nicely done with Greenspan's remarks. bravo.

2 thoughts.

1 - Cohen's article, posted here earlier. Wrong is right, right is wrong. So what if we're in a bubble? [yeah, I know, it does matter, but that requires to a referent outside of the surreality of the bubble, and in Cohen's frame, outside of the I Claudius world of WJC / HRC].

2 - It may not be the Fed's job to intervene to save the stock market ... but ginning the bubble, and allowing it to inflate to really catastrophic levels leaves AG's fingerprints on this one.

Anyway, thanks for putting your fine lawyer's mind to AG's words. : )

Peter
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