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To: Charles Tutt who wrote (41733)3/2/2001 4:32:56 PM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 64865
 
The Selling Of all tech stock is related to the criminal conduct of the Federal Reserve.

The crisis we are experiencing is horrific and appalling. Every day, week after week is nothing but more doom and gloom. There has never been another period of time since the great depression that one has witnessed such a long time of nightmares from corporate layoffs and earnings warnings. The Chairman of the Federal reserve fails to accept responsibility for his actions. He is arrogant, hostile and destructive. What is his problem and why does he not aggressively lower those damn interest rates?? This madman should be on the FBI's top 10 list in stead of being on top of the Federal Reserve. Not only should Greespan be removed immediately, he and the governors on the board should have to account to corporate America and all shareholders for their wilfull and deliberate economic sabotage. Our political leaders should act swiftly to end Mr. greespan's reign of economic terror. More than two thirds of all Corporation are unable to see light at the end of the tunnel yet Mr. greenspan lies and adds salt to our injuries by denying we are in any serious trouble. What in the world is wrong with this man and why in the heck isn't anyone doing something about it?? How many of you have seen your life's savings crumble and disappear?? We have been encouraged to invest and save for our retirement and yet this is the thanks we get for investing. Does anyone feel that he or she has been duped and robbed?? Where the hell is the justice and outrage?? I am mad as hell and want to ve reinstated for the money the Federal Reserve stole from me and all of us!!!

petitiononline.com

Frank



To: Charles Tutt who wrote (41733)3/3/2001 5:47:27 AM
From: JDN  Read Replies (1) | Respond to of 64865
 
Dear Charles: How soon we forget. I noticed Franks reply to you and I see similar thoughts going throughout the financial internet. Last year AG was the hero, this year he is the goat. Probably the truth lies somewhere in between. I do think that the tax load combined (Fed'l state and local) is now CRUSHING and probably the biggest single contributor to consumer debt. I understand on average it is something like 40%. Highest in recored history for at least our nation. Cant compare it to the socialist countries as they get services for their crushing tax load, we get JESSE JACKSON. haha.
But, I think the Fed WILL lower the rates far more and the tax burden will be decreased. All of this will likely happen in stages, not all at once so perhaps it will be the foundation of another bull market of some duration, question is.......WHEN? JDN