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

To: 2sigma who wrote (12308)	1/29/2003 6:19:53 PM
From: Jim Willie CB	Respond to of 89467

I dont expect inside agent sources will be compromised but I do expect a reliance on satellite photos Alan Blinder is occasionally a wise man he thinks a pervasive belief is out there that the USdollar has something haywire within it not a bad perception, blinking blindman Blinder what a good looking guy / jim

To: 2sigma who wrote (12308)	1/29/2003 6:21:39 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

I dont expect inside agent sources will be compromised but I do expect a reliance on satellite photos Alan Blinder is occasionally a wise man he thinks a pervasive belief is out there that the USdollar has something haywire within it he believes Greenspasm is off: that deflation risk outweighs inflation risk I agree 100% but then again, the Fed has morphed into a cheerleader while its policymaking has gone exactly where I expected this past spring the Fed is now officially powerless, totally without weapons they are caught in a box, exactly as I forecasted they cannot raise rates any lower rates would be a signal of utter defeat they cannot do anything raise rates will kill the economy lower rates will send the dollar even faster downhill THE FED IS NOW A DEAD ENTITY continued Fed support of longbonds will invite a dollar freefall not a bad perception, blinking blindman Blinder what a good looking guy a sharp contrast to Meltzer of my Carnegie Mellon Univ he is in charge of the Shadow Open Market Committee he thinks stimulus is just right, and a 2ndHalf Recovery should arrive this summer does he trot out this worthless view every January? poor Meltzer really out to hang up his jock he possesses one blind eye I think that eye is in charge of his economic forecasting / jim