To: MeDroogies who wrote (28519 ) 9/2/1999 3:19:00 AM From: Crystal ball Read Replies (1) | Respond to
Greenspan is after your Stock Options and 401K, but you don't care? Overvalued Market? You are a short short wearing short shorts no doubt. No one else would even be investing if they thought the market was overvalued, or defend Fed Monetary policy that cuts your already small salary...this betrays your position I think. For the rest of us, long investors, we see Greenspan as the menace he really is, he can not understand or condone high stock prices probably in part BECAUSE he himself has always been just on salary, and therefore can not really understand fully the incentive of anti-brain drain to the US and brain drain from the rest of the world to the US high tech jobs and startup companies that stock incentives do play. If he feels that this is overpaying the "HIRED HELP" then he is really an outmoded artifact of a bygone edsel or model T age, his policy will surely hurt America's place in a future dominated by high tech, and only serve the interests of the doomed asian banking and corrupt political cronyism ridden economies there. The Yen and Dollar drop this week shows GreedSpammer's policy for what it is, make the US investors into Asia pay MORE dollars for the same worthless investments that the IMF had to recently go in the red to bail out, then reverse the process for balance of payments and arbitrage the dollar higher, so that our production gets cut off just before a weak dollar CAN sell products (Which require a ramp up of production or slowing US consumption so that excess production can be sold overseas) to make US goods too costly to be sold into Asian markets. Same Old same old. Europe, as I have said before, will not tolerate it. Greenspan does not have the European Central Banks where he thinks he has, they will not support this project, which is fine....at least we can trust their government, economies and currency and corporate structure...unlike asian, especially unlike China and the chinese free trade zones that all this ChinaGate illegal election and influence (Bribery/corruption) scandal is really about in the Clinton/Reno administration (Yes Clinton/Reno...Gore is only a minor player despite being the one publicized taking the "Buddist Nun" contributions funneled from China).
