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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Beltran who wrote (61334)5/3/2002 1:59:33 PM
From: westpacific  Respond to of 99280
 
Joseph, that has to happen but will not! We have idiots in leadership. Many of them have declared BKs themselve!

This country is headed down same road as Argentina in some ways IMO, they cannot and will not cut back on SPENDING!



To: Joseph Beltran who wrote (61334)5/3/2002 2:29:44 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 99280
 
convince" the policy makers that there is a compelling need to get rid of greenspan

You are assuming Greenie's choices weren't supported by the policy makers. Mexico bailout, Asia bailout, LTCM bailout, Russia bailout...

I'm not convinced that is a valid assumption.



To: Joseph Beltran who wrote (61334)5/3/2002 4:13:07 PM
From: Pink Minion  Respond to of 99280
 
>> get rid of greenspan and revamp the entire FOMC -AND HOW MONETARY POLICY IS MADE AND IMPLEMENTED- there is something very wrong

You won't get that unless there's a complete financial collapse. It's amazing some think we can pump money into the system without any problems. I always worry when things seem too easy.