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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: pbull who wrote (8945)	1/14/2001 10:22:08 PM
From: pbull	Respond to of 13572

What do they know that we don't? Friday's WSJ offers a glimmer of insight. Bush, interviewed on a plane trip back to Texas from Washington, said Greenspan expressed particular concern over the California energy crisis during their post-election meeting. Given that California alone accounts for about 10% of the economy, it seems plausible to me. Bush implied that he made a mistake in praising A.G. for the recent rate cut, and said that his administration would not make comments on every Fed move. He noted that former Fed Governor Lawrence Lindsey is a chief economic advisor, and that he expects good relations with the Fed. Bush said he was somewhat pessimistic about the economy, and said he would push for his full tax cut despite some reservations from Republicans. As for his investment position, he said he was "liquid," then added that most of his assets were in a blind trust. PB