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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Crystal ball who wrote (28126)	8/12/1999 3:35:00 AM
From: IQBAL LATIF	Read Replies (2) \| Respond to of 50167

I am impressed by your call...

To: Crystal ball who wrote (28126)	8/12/1999 7:03:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 50167

BRAVO!!!!! (and two thumbs up!!!) GZ

To: Crystal ball who wrote (28126)	8/12/1999 7:39:00 AM
From: Lee	Read Replies (1) \| Respond to of 50167

CB,..Re:.Beige Book PROVED regional USA economy were fine with NO INFLATION also PROVED Greenspan was wrong, You might want to look at the graphs shown in the following link, especially ECI, GDP chain price, unit labor cost and compensation per hour. The graphs are constructed from measured data and might be more valid as opposed to the anecdotal Beige book data. stls.frb.org Also, FWIW, AG is not considered among the hawkish members of the voting FOMC. Regards, Lee

To: Crystal ball who wrote (28126)	8/12/1999 8:11:00 AM
From: Captain Jack	Respond to of 50167

Crystal--- you are on target but it is all easily summed up by stating "Uncle Al has become a little senile with a touch of Alzheimers.."

To: Crystal ball who wrote (28126)	8/12/1999 8:33:00 AM
From: Les H	Read Replies (1) \| Respond to of 50167

Greenspan non-reappointment is old news. It's been around since February ever since he went against the administration on Social Security reform. Since then, he hasn't played "ball" on a number of policy battles between the administration and the Congress.

To: Crystal ball who wrote (28126)	8/12/1999 7:49:00 PM
From: LTK007	Read Replies (1) \| Respond to of 50167

<<You can not reward a man who kills off 25-30% of the Stock market, which is over half of the US economy by itself; that is: Punish and Penalty OUGHT TO FOLLOW ANYONE who throws 12-15% of the annual income in the toilet, which is what Greenspan did, all because he is NOT modern in his thinking on GROWTH without limits, which is what the techs and the "Internet Revolution" has done and will do, way beyond the heyday of the 18th century industrial revolution and classical economics that clouds Greenspans outmoded thinking.>>I am sorry GZ,but I have to agree this rings of a sour grapes bull who has just lost 25% on his portfolio value. The bull market as it has raged on has developed a fantasy to justify itself--the growth without limits propagandizing. This type of delusion would lead to" Ground Zero" event,eventually,IMO. A race directly to 14,000 would have created not a mere major correction but a deep crater where a bull market once stood. I,myself,like to view the market in terms of physics,and a race directly to 14,000 would,in my opinion,have brought the market to critical mass.FWIW,Max90

To: Crystal ball who wrote (28126)	8/13/1999 12:30:00 AM
From: 45bday	Read Replies (1) \| Respond to of 50167

I always thought when someone buys something and someone else sells that someone makes money and someone else loses. So the net effect is that any money lost in the mkt. by some is sitting in the account of someone else if it hasn't been spent buying a house or a boat etc.. From your post I take it you are a buyer who has held while enriching someone else. You should write to Mr. Greanspan and ask him to pay your mortgage ( which by the way carries a pretty attractive interest rate that he created for you ). Stop crying & put your money in T bills.