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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (73346)	1/12/2000 9:46:00 AM
From: Les H	Respond to of 132070

It looks like will raise rates and flood the market with money. See the article on the broken spigot. contraryinvestor.com Getting nominated for the next term has locked him in to running for the confirmation.

To: Freedom Fighter who wrote (73346)	1/12/2000 9:47:00 AM
From: MythMan	Read Replies (1) \| Respond to of 132070

>>time for another another happy ContraryInvestor readers choice questionnaire. Al and friends are feverishly printing money because: 1. The leveraged speculating community has increased its daily dosage of methamphetimine margin debt and needs a new "supplier". 2. Someone or a few someone's are being bailed out. 3. Gore is behind in the polls. 4. "It's just like eating peanuts. Once you start, it's hard to stop." (Actual Greenspan quote upon being re-anointed supreme leader. Thank you Bill Fleckenstein.) 5. The financial system is careening out of control and increased credit is the only thing that will keep it from crashing immediately (while "they" try to come up with plan B). It could be any or all of the above. Greenspan's recent "early" re-uping with the Clinton Administration is a clear sign to us that the Greenspan agenda is quite politically sensitive.<< contraryinvestor.com