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To: Olu Emuleomo who wrote (120876)3/21/2001 4:46:25 AM
From: Crystal ball  Respond to of 164684
 
Greenspan added liquidity to help his communist chinese and asian bank friends, not for Y2K year 2000 fears, the high Nasdaq graph to 5000 was not created by Greenspan either, it was made by Corporate CEOs and investment bankers and the American People, who went from small investments in the markets, mostly 401K and other pension and mutual fund plans, to now over 50% of households holding stock equities. Greenspan is hurting America, Greenspan is bad for America, and more importantly Greenspan is BAD FOR BANKS, Japan's Banking system is crashing due to Greenspan, and OPEC linked European central banks will follow suit, and the destruction of $4 Trillion Dollars of Liquidity in our Markets is the worse thing that has happened to the American Banking system since the great depression, that is, WORSE THAN THE SAVINGS AND LOAN crisis. Sock it to the US Taxpayer, the REAL LENDER OF LAST RESORT, as our nation's wealth is being sold down the drain to corrupt chinese communist 12 cent an hour slave labor dictators. Wait until Communist Chinese controlled Hong Kong financial houses "ROLL OVER" the Japanese and US banks. I see a flood of liquidity, lets see how long Greenspan is perceived the hero by all these fools when the Treasury is forced to repatriate all those US Treasury Bonds and Notes. I hope O'Neill wakes up to this fact before he becomes another Larry Summers.
I am,
Truly your$,
-Crystal Ball