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To: Dave Gore who wrote (2991)	1/25/2001 10:15:53 AM
From: Jeff Jordan	Respond to of 6445

Greenspan has no choice what little I know about economics...just enough to be scared at times...but, he can't lower rates and increase money supply without tax cuts and continuing expansion...if not coupled we get hyper-inflation...so onward we go bravely...we must expand...history tells us so...but we now have technology moving forward rapidly...labor will soon be a commodity even more than today...keep peace alive...feed the poor...supply them with jobs and education!( yeah GWB...the education President)....the next 20 years will be great.. ST I see a 100-200 pt retreat...

To: Dave Gore who wrote (2991)	1/26/2001 9:21:48 AM
From: freeus	Read Replies (1) \| Respond to of 6445

Greenspan's legacy: Bursting the stock market bubble Destroying new hi tech businesses Reducing the ability of small innovative businesses to get capital and grow into big ones Damaging investors hearts and emotions Destroying people's dreams. The American way. Freeus

To: Dave Gore who wrote (2991)	1/26/2001 12:27:48 PM
From: Lane Hall-Witt	Respond to of 6445

I'm still trying to figure out where Greenspan is coming from on his support for the tax cut. The cynical view is just to say he's kissing Bush's ass. He's said to be kind of a suck-up, so this may be the case. But maybe Greenspan was telling it like it is: it seems far-fetched to me, but maybe he really is sure that the surpluses over the next eight years will in fact pay down the national debt -- and more. If this is true, amazing as it seems, then I'd actually agree with a phased-in tax cut program so the government wouldn't be in the position of hoarding assets once the debt is eliminated. We wouldn't really want the government to "overshoot" and become a net saver. I hope he's telling it like it is. It would be lousy if Greenspan was just giving Bush a chance to score political points by siphoning money off the surplus. Clinton and the Democrats paid a pretty high political price when they passed the 1993 economic plan. It'd be a shame if the success of that plan gave the Republicans a chance to play Santa Clause and stick it to the Dems again.