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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?

To: Master (Hijacked) who wrote (277)	3/13/2001 8:46:58 AM
From: BWAC	Read Replies (1) \| Respond to of 494

I agree. And wait for the repercussions to get into the everydays citizens daily life. It won't be very pretty. A lot of these retail store will be closing. With it will go a lot of service sector jobs, and don't look for the declining manufatcuring sector to provide jobs. They've all been moved overseas or to Mexico. When the retail sector starts losing money, closing up shops, filing for bankruptcy then the competition for the consumers dollar will end. No more competition to have the lowest price in town. No competition to drive prices even lower. AND then the INFLATION the senile old fool was fighting will creep into our daily lives in everything we spend from the grocery store, to WalMart, to Home Depot, to Speedy Oil Change. Stupid asses. They should have sat back and let the hype of the day dot.bomb and similar trash fall under its own weight. It would have and the rest of the market wouldn't have crashed as well. The senile old fool didn't target the market with rate hikes when biotech was all the rage. It corretced somewhat by itself eventually. And it didn't take the economy with it. What amazes me right now is the rush to OWN and TALK UP retail stocks by the street and their pimps as safge places to be. That is such wrong advice.