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To: terry richardson who wrote (93162)8/6/2001 11:50:36 PM
From: isopatch  Respond to of 95453
 
Thx Terry. That could REALLY do it!!

Roll out the barrel. Abbey, and Joe need something to go over the falls in.<lol>

First the report due out tomorrow showing the entire new era of vast productivity gains was at best over stated. At worst....a fiction!

Then Greenspan is retiring?! Oh, Man!

Even if it's just a rumor, Seniorita Market is going to have a major attack of PMS.

Got cash? Got Gold? How much ya got?

Isopatch



To: terry richardson who wrote (93162)8/7/2001 1:12:22 AM
From: rails99  Respond to of 95453
 
Thanks Terry:

Apreciate the good news.

Rails



To: terry richardson who wrote (93162)8/7/2001 7:28:07 AM
From: Jack Be Quick  Respond to of 95453
 
Terry,

While it might be interesting to speculate on what effect something like a Greenspan retirement before the end of the year might have, "administration sources have told NewsMax.com..." - really? How interesting.

I'm not saying it couldn't happen, but it certainly did provide someone with a convenient opportunity to spin the latest economic news, wouldn't you say? Was that a wee bit of editorializing I detected going on between the lines of this hard news story? Seems like, if we are to believe it, some administration sources are critical of Greenspan and blame him for [wait for it] All That is Wrong. Gosh, front page above the fold story if ever there was one. I mean, Whodathunkit? Administration officials: "It's not our fault!"

But, thanks, good to know what the buzz around town is. Let's see how the Fed now responds to this breaking NewsMax Exclusive.<g>
John



To: terry richardson who wrote (93162)8/7/2001 10:20:34 AM
From: Terry D  Respond to of 95453
 
Terry - (hope I spelled that right)

If we are going to let the dogs out on Alan G-Love, then let's include this salvo from the same site - which, granted is a ditto headed, O'Reilly lovin' freak show - but it is a nice counter balance to the NYTimes. While there you could also check out the story "Report: Gray Davis Hiding Sex Slave Condit on Catalina Island"

Greenspan: Friend or Foe?
Jarret Wollstein
Tuesday, Aug. 7, 2001

A paradox wrapped in an enigma. That phrase was once used to describe the Soviet Union, but it applies equally well to Federal Reserve Chairman Alan Greenspan. Just look at the facts:

1. He is on record as advocating unregulated, laissez-faire capitalism. But as America’s monetary central planner, he has more power over the U.S. and world economy than any other person on earth.

2. Under Greenspan, official inflation has been low. But official figures have been cooked to conceal credit expansion and major price increases.

3. U.S. economic expansion has been unprecedented during his term at the Fed. Yet today the economy is extremely shaky and may be on the brink of a major recession, or worse.

4. Under Greenspan, interest rates have been low by historic standards. But we have also had the largest credit and real estate bubble in history. When it comes crashing down, watch out!

To be continued at -

newsmax.com