Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (19058)	2/29/2000 6:18:00 PM
From: mauser96	Read Replies (2) \| Respond to of 54805

I believe Mr. Greenspan addressed that issue in the Q&A session. It's really not his fault if ignorant media folks present it to a gullible public as representing something more than a bookkeeping statistic. This misrepresentation by the media is common - my favorite is "income" figure about poverty that don't include freebies like food stamps and Medicaid, and don't mention that actual spending is quite a bit higher than official income. BTW, concerning Volker, rumor had it that he was appointed only because OPEC was threatening to price oil in some sort of basket rather than US dollars. The $ pricing gave the US a big advantage because we were the only country that could buy oil by cranking the printing press speed up (at least until OPEC and the voters caught on to the game) All this may seem off topic, but 1987 taught me that the Fed how important the Fed is to all stock holders, maybe more than any stock specific news.