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To: red jinn who wrote (6492)2/19/2000 1:34:00 PM
From: Bill Holtzman  Read Replies (2) | Respond to of 24042
 
>>that's a good ad hominem attack, but i didn't see one word of analysis in response to cyrus' well-reasoned (imo) statements<<

Did you catch the fact that Cyrus did not write that material? I don't mean any disrespect, but I truly have little regard for your critique of Greenspan.

>>but he's raising interest rates b/c he's never seen an economy grow this fast this long and he's nervous<<

IMO your statement is as naive as it is arrogant. There is such an incredible difference between the people who do not have power but talk about what they'd do if they did, and the people who have it and wield it successfully for years. There's no one in Greenspan's class in the world. No one has the real life experience of reading the financial tea leaves, making the actual decisions, confronting angry misguided congresspeople, and living through the consequences of his decisions for the long term. No one.

I would venture to say the opposite of what you say: When you get right down to it, Greenspan isn't nervous but is supremely confident because he has been so successful. He persistently sticks to his guns because he knows what he's doing.

Regards
Bill



To: red jinn who wrote (6492)2/19/2000 1:44:00 PM
From: MileHigh  Respond to of 24042
 
Folks, cyrus DID NOT write that piece, nothing personal to cyrus but give credit to the guy who wrote it~ Larry Kudlow!

MileHigh