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 : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (62712)	12/27/2000 11:47:10 AM
From: Rich1	Read Replies (1) \| Respond to of 63513

Sorry for all the mushroom talk how about we stop talking about cooking them and smoke em instead...<g>

To: Jorj X Mckie who wrote (62712)	12/27/2000 11:53:01 AM
From: Neenny	Read Replies (1) \| Respond to of 63513

would you prefer the subject goes back to politics??? ilovemushrooms.com

To: Jorj X Mckie who wrote (62712)	12/27/2000 11:53:03 AM
From: Junkyardawg	Read Replies (1) \| Respond to of 63513

I am reading Maestro (the story of Greenspan). I am about half way through the book as I type this and I can honestly say that with every turn of the page I dislike the man more and more. I cannot believe that we have the technology to send a man to the moon and a spacecraft and send back pictures of Mars but we cannot get a better system than the FOMC to regulate interest rates and monetary policy. My gawd there has to be a better way than this. Here is what I get out of it so far. The FED lives by this imaginary inflation number, no matter if there is actually inflation or not. So what is their remedy? Simple, crash the markets. That way you are guaranteed not to have inflation and when the market goes to far down simply pump money back into it so it can go back up. Not caring of the hundreds of thousands of lives they effect along the way. HELLO!!!! I have a crazy idea. Let the market decide what is best for it. Lets try this way of doing it for 4 years. My bet is the market is much smarter than anyone at the FED and it knows what is best for it. I shake my head at this whole idea of the FED. It is crazy and gives way to much power to one man. No man should have the power over a democratic society that Alan Greenspan has. At the very least I think the Chairman should be like the President. He should not be allowed to serve more than two terms (8 years). This would solve a lot of the problems and would not allow one person to have this much power. There must be a better way. dawg