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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Ken98 who wrote (80696)	12/21/1999 2:58:00 PM
From: pater tenebrarum	Respond to of 86076

TYX at a new high...6,447

To: Ken98 who wrote (80696)	12/21/1999 2:59:00 PM
From: heraclitus	Respond to of 86076

Ken Well stated! (wrt the publics' disinterest in the truth) homer

To: Ken98 who wrote (80696)	12/21/1999 3:01:00 PM
From: Les H	Read Replies (2) \| Respond to of 86076

Clinton has high regard for Greenspan -White House WASHINGTON, Dec 21 (Reuters) - The White House said on Tuesday President Bill Clinton has high regard for Federal Reserve Board Chairman Alan Greenspan but said it was not ready to announce a decision on whether to reappoint him next year. ``The president believes he has done a good job, has a lot of respect for the job he's done and likes him personally and when we're ready to announce a decision we'll announce a decision,' White House spokesman Joe Lockhart told reporters. White House officials told Reuters last week that Clinton was widely expected to reappoint Greenspan, whose term as head of the U.S. central bank expires in June, 2000, provided that the 73-year old central banker still wants the job. The Washington Post reported on Tuesday that Greenspan appeared ready to stay on for another four-year term as Fed chairman although it noted that Greenspan had made no public comment about his intentions. The newspaper said the White House was likely to announce its decision by March or sooner, but Lockhart played down talk of a timetable. ``I don't know of any timetable beyond the natural expiration of Mr. Greenspan's term,' Lockhart said. The central bank chief has been widely praised for his stewardship of the U.S. economy, notably for his actions following the 1987 stock market crash, raising rates in 1992 to force George Bush from office, and he enjoys solid support from Democrats and Republicans on Capitol Hill.