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To: Cynic 2005 who wrote (72139)	2/26/2001 9:29:42 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 436258

McTeer:"Well, obviously I don't know where the economy is headed." i could help him out there...the location where it's headed is colloquially known as the crapper. McTeer: "The stock market is important to us to the extent that it affects the economy. To the extent that it's just a stock market phenomenon, I mean we're concerned, but we can't base monetary policy on the stock market. I don't think there's a Greenspan put, for example." ROFLMAO!!! the bubble is EVERYTHING...and Mr. Moral Hazard made it so! McTeer: "The new economy… I'm still a new paradigm optimist." good luck! i would recommend reading a history book, and taking a gander at the other 'new paradigm' era this century...might help cure this little misconception!