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To: Victor Lazlo who wrote (123597)4/12/2001 8:46:49 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 164684
 
>>Which begs the question: why did AG make that comment, with respect to the stock market not the economy, then do nothing about it?<<

well, look who benefited from the bubble market. balanced budget. lots of folks fat and happy. economy roaring. highly spoken of as a genius.

it is a common practice to do two divergent things in order to be "right" no matter what. greenspan's comments allow him to take no responsibility in his own mind.

>>Tightening money supply in Feb or Mar of 2000 would have only gotten us to this bear market quicker. Is that what you wanted?<<

i want rational markets. if you don't want bear markets then you should have jumped up and down and yelled like i did for 2-3 years heading up the launching pad. i did everything i could, in my own way, to avoid this. the perma bull hypesters did everything in their power to GUARANTEE this disaster. then they try to blame folks like me. unreal!

tanstaafl. meditate on the simple power of that concept.