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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: rich4eagle who wrote (294045)9/7/2002 12:21:12 AM
From: RON BL  Read Replies (1) | Respond to of 769670
 
Greenspan's two-faced duplicity was quite apparent at Jackson Hole. In fighting off a claim that he did too little to slow the stock market boom in the late 90s, Greenspan said, "there was little the Fed could do to identify and fight emerging asset bubbles." He failed to explain why he then raised interest rates so dramatically even though a post Y2K slowdown was expected, there was no inflation, and he could not identify a bubble


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