Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Greg from Edmonton who wrote (74444)	8/5/2001 10:14:40 AM
From: Alex	Respond to of 116753

Vol 19, No 15/Aug 3, 2001 GREENSPAN'S PEAK WAS NASDAQ'S Sen. Phil Gramm (R., Texas): "If this is the bust, the boom was sure as hell worth it. You agree with that, right?" Alan Greenspan: "Certainly." The Wall Street Journal, which last week reported this committee-room exchange, omitted an important detail. The Federal Reserve chairman is no impartial observer of the boom he was asked to appraise. He seeded it, accommodated it, celebrated it and defended it from those who believed they saw it turn into a bubble. He was as uncritically and besottedly bullish as the luckless brokerage-house analysts who have fallen under the gaze of the Washington inquisitor, Rep. Richard H. Baker (R., La.). Not long ago, Greenspan even believed the analysts. . . . grantspub.com