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To: RetiredNow who wrote (53976)7/10/2001 12:45:37 AM
From: Jerome  Respond to of 77400
 
I think that you are giving Greenspan too much credit

As far as middle America is concerned, Greenspan is the most powerful man in their lives

Most of middle America has no idea who he is, and if they had to guess they would say that Greenspan was a middle linebacker for the Green Bay Packers.

They might know who he was if he started showing up on the Ophra show.

Regards, Jerome



To: RetiredNow who wrote (53976)7/10/2001 7:49:59 AM
From: GVTucker  Respond to of 77400
 
mindmeld, RE: I'd love to see his power turned off.

It already is.

The reality is that Greenspan has very little power. He is perpetuating the impression that he has power in hopes that he can resurrect consumer confidence, which is the only place that his interest rate cuts will have much effect.


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