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To: jttmab who wrote (131498)6/7/1999 7:16:00 PM
From: edamo  Read Replies (3) | Respond to of 176387
 
james thanks the fed propaganda....but who owns the fed?

country grew fine in its greatest post war periods without fed intervention...fed and greenspan have become a media circus act, the boogeyman that can and does effect equity markets....wasn't supposed to be that way...... too much power in the hands of an "independent" watchdog, whose members are appointed by the prez.....sort a takes a bit away from "independent"....fed should not set credit policy, let the free markets decide, as they had for the years prior to the fomc phenoms....greenspan looking for a "legacy"....just another politico...who has been elevated to a deity...think he'll live forever, are we doomed after he's gone...don't think so...why give a speech that you have already given?????