SI
SI
discoversearch

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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Hobie1Kenobe who wrote (114964)1/12/2001 1:37:03 AM
From: craig crawford  Respond to of 164684
 
>> Craig - in the spirit of mutual negativity ;o), the result of interest rate cuts in Japan over the past decade sure haven't done much to help their market, eh? <<

You can lower rates as much as you want, but if the banks don't want to make loans you can't force them to. Fortunately for the U.S., Greenspan and Rubin and politicians and the IMF (all bozos) have taught US banks that they can make risky loans all over the world in the name of high returns, we will be there to bail you out! Go ahead and loan Russia and Mexico and the Asian Tigers all the money you want at double digit interest rates! You can't go wrong, if any of them default the IMF will bail them out with billions of your tax dollars and Greenspan will cut rates and juice the markets so you aren't on the hook!

That's the way the game is played in America. Big hedge funds and banks can speculate all they want because they know they can't lose. S&L's speculated in the 80's because the knew they would be bailed out. Greenspan taught everyone in '98 that as long as you are big enough and important enough I will bail you out.

ALL I AM ASKING OF GREENSPAN NOW IS TO BE CONSISTENT AND BAIL OUT JOE Q PUBLIC!!!

Where is our Mexican bailout? Where is our Russian bailout? Where's our Korean bailout? How about Indonesia? Hedge funds got bailed out in '98, how about bailing out us little guys with a rate cut NOW Mr Greenspam??



To: Hobie1Kenobe who wrote (114964)1/12/2001 1:39:43 AM
From: craig crawford  Respond to of 164684
 
>> Craig - in the spirit of mutual negativity ;o), the result of interest rate cuts in Japan over the past decade sure haven't done much to help their market, eh? <<

You can lower rates as much as you want, but if the banks don't want to make loans you can't force them to. Fortunately for the U.S., Greenspan and Rubin and politicians and the IMF (all bozos) have taught US banks that they can make risky loans all over the world in the name of high returns, we will be there to bail you out! Go ahead and loan Russia and Mexico and the Asian Tigers all the money you want at double digit interest rates! You can't go wrong, if any of them default the IMF will bail them out with billions of your tax dollars and Greenspan will cut rates and juice the markets so you aren't on the hook!

That's the way the game is played in America. Big hedge funds and banks can speculate all they want because they know they can't lose. S&L's speculated in the 80's because the knew they would be bailed out. Greenspan taught everyone in '98 that as long as you are big enough and important enough I will bail you out.

ALL I AM ASKING OF GREENSPAN NOW IS TO BE CONSISTENT AND BAIL OUT JOE Q PUBLIC!!!

His consumer spending is more important to saving the economy than Russia, or LTCM, or Mexico, or Indonesia, etc, etc.!!

Where is our Mexican bailout? Where is our Russian bailout? Where's our Korean bailout? How about Indonesia? Hedge funds got bailed out in '98, how about bailing out us little guys with a rate cut NOW Mr Greenspam??