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To: Jim McMannis who wrote (164881)	5/3/2002 6:07:07 PM
From: TGPTNDR	Read Replies (1) \| Respond to of 186894

Jim, Re:Hey, I thought i was trying to make THAT point. You have, really, made most of those points. And it's hard to differentiate between our positions here. Maybe there isn't all that much. But I'm in favor of "full employment commensurate with minimum inflation over time". And I was really PISSED off when Alan stuck the economy into the crapper because prices(inflation) followed external sources. DickHead. One of the things I look at is M3. I consider it to be more important than AG does. There's lots of reasons to say that shouldn't be one of the prime lookups. They sure sound better now than they did 2 1/5 years ago, but in point of fact the crash ate 10 times the $ the world wide banks pumped in last year. And at this point, I think there's a larger chance of a crunch than inflation. Re: RE:"Sort of like AG saying 'I've got to put interest rates up 'till the economy slows down enough to compensate for the ARABS increasing oil prices. Batch of Feei*g dolts" Interesting... Tell me about your thoughts there. that was expressed 2 years ago also. We had a major disagreement then, too. tgptndr PS. Is this conversation of enough interest to take it to the Moderated AMD thread?

To: Jim McMannis who wrote (164881)	5/3/2002 6:48:19 PM
From: John F. Dowd	Read Replies (2) \| Respond to of 186894

Jimbo: He has you onthat last one. AG was dead wrong on the rate hikes and you were defending him the whole way down. On the other hand you were probably smart enough to dump your holdings even though you felt he was doing the right thing and it was going to be good for the economy. I didn't dump because I couldn't believe he would keep hiking and hiking until the golden goose was dead. JFD PS Well off for a job searching junket. Out of retirement thanks to your boy AG. This thing is worse than the depression in absolute loss of wealth.