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

To: t2 who wrote (19411)	3/13/2001 11:13:03 AM
From: Tunica Albuginea	Respond to of 24042

I totally agree with you: AG made numerous mistakes: - did not assist in restricting margin requirements during 98 - 00 market bubble .( That might have saved a lot of folks ). - overreacted to the amount of liquidity needed for y2k and thus contributed to bubble and tech overstocking of supply channel. -did not lower rates during Nov. 2000 allegedly to be non-political not realizing that the economy is politics-free and needs to be helped or curtailed regardless of what is going on politically. The Fed should be non- political. -he did not emphasize 1992 - 2000 enough the need for tax cuts and more fiscal/spending restraint as the best way to put money in the pocket of the consumer ( money that he gained lawfully ) so as to help the economy.That would have cut the amount of consumer borrowing which is hot air. -should not have bailed out many profligate countries, LTCM and S & L and let these people fall on their own sword.That is one of the elements of capitalism: you are rewarded for risk taking but you need to be prepared to pay if you are not prudent. Just some thoughts, TA