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 : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Tunica Albuginea who wrote (18412)2/13/2001 3:25:16 PM
From: John Lacelle  Read Replies (2) | Respond to of 24042
 
Good old Greenspan.

Did you see the market turn around once it was clear that
Greenspan wasn't going to lower rates for a while? That
guy can move mountains with his words.

I watched him on CSPAN the other night talking about the
debt and tax cuts. He is a believer in paying off the debt
but said that we can only pay down so much debt 'cause
most of it is in instruments like 15 and 30 year bonds and
we would have to pay a steep premium to get those bonds
back from the investors. Of course, the stupid liberal media
never understood that line of reason and now say that he
is backing GW's tax cut plan because he is some kind of
Republican lap dog. I think the guy is just a very fair minded
and estute Chairman of the Fed.

-John