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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (8170)10/16/2002 9:48:32 AM
From: SOROS  Read Replies (2) | Respond to of 89467
 
"First, the Fed cannot reliably identify bubbles in asset prices. Second, even if it could identify bubbles, monetary policy is far too blunt a tool for effective use against them," he argued, stepping into a debate that has been raging since the U.S. stock market began its long slide in March 2000. His views dovetailed with those of Fed Chairman Alan Greenspan (news - web sites).

What a bunch of manipulating liars! Greenspan and company CLEARLY identified the stock market bubble in 1995-96. Transcripts prove it. The fact that they deny it while having written proof to the contrary says a great deal about their character (lack of) and how manipulated these markets are. People should realize this and abandon this casino that has been created because all the roulette wheels have a wire running to them, and all the card decks are marked.

I remain,

SOROS



To: stockman_scott who wrote (8170)10/16/2002 11:49:24 AM
From: lurqer  Read Replies (3) | Respond to of 89467
 
Fed Says U.S. Economy Still in Good Shape

The economy does have "pockets of strength". It also has some significant challenges. To say the economy is "Still in Good Shape" smacks of "whistling past the graveyard".

lurqer