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To: Morgan Drake who wrote (36953)	7/23/1999 1:21:00 PM
From: gdichaz	Respond to of 152472

OTOTOT Morgan: When you find out when Green$pan will testify in the Senate - his next stop, no? - will you let us know so that those who wish to take defensive action may do so? Actually, if Maurice is right and he intends to use words not actions here, then the problem is temporary. And Greenspan does have one or two good ideas such as that capital gains taxes should be zero, zilch, nada for the good of savings, investment and the economy as a whole. But he is dangerous. He does have both huge influence and power to do ill. He has done so in the past - often. For example he put this country into a recession in 1992 by raising interest rates gradually but too long and then refused to lower them at a rate best for the economy. And he clearly either has no clue about the part technology plays in economic growth or just distrusts growth. Chaz