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To: Crystal ball who wrote (120863)	3/19/2001 12:07:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 164684

cb, i take issue that alan caused this problem re: raising rates. the effect started b/c he raised rates. the cause of this mess was the bubble in the first place. faked productivity numbers (100% exaggerated!) led to the new economy. the new economy led to greed. alan pumped the economy full of cash so greed had fuel to throw on the fire. greed burned and burned the fuel. equity shrunk has housing prices soared (debt). the savings rate turned negative. all bets are off in the new economy. that was the cause and it was alan's fault. this is the effect. it ALWAYS happens. i said it at naz 1800 on the way up. i said it at naz 5k. i'm still saying it. i think i'll be saying it near near naz 1k. it ALWAYS happens.

To: Crystal ball who wrote (120863)	3/19/2001 1:32:48 PM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 164684

>>>blame Greenspan for abusing his power to meddle in a marketplace which was not his job, and which job he plainly botched when he raised rates, maybe creating a worldwide depression and more wars to come, for WHAT? Because he didn't like the nasdaq graph? <<< Dont forget that Greenspan created that graph in the 1st place! (The graph took shape starting Nov 99 when he pumped the economy with liquidity cos of Y2K) What he giveth, he taketh away!! --Olu E.