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To: GROUND ZERO™ who wrote (3829)3/1/2001 8:59:04 AM
From: Chip McVickar  Read Replies (1) | Respond to of 4583
 
You never have liked Greenspan or the Fed, your Libertarian streak is showing, why not do away with both....?

>>"However, he said the abrupt economic slowing may prove "limited." Changes in consumer confidence will require close scrutiny in the period ahead, especially after the steep falloff of recent months. Alan Greenspan Federal Reserve Chairman The central bank is keeping a close eye on consumer confidence, saying that's a key factor in preventing a recession."<<

>>But Greenspan also said that rate reductions by the central bank are more effective than tax cuts in promoting economic growth.<<

Bush is about to Screw Up Big Time.
His plan is inflationary, bad for the dollar, bad for the country, death blow to SS and the debt reduction.
Pushing the country into 10 years stagnation and flat markets.
Five years from now there will not be any surplus.