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To: Knighty Tin who wrote (225544)3/5/2003 9:19:52 AM
From: Terry Maloney  Read Replies (1) | Respond to of 436258
 
KT, so you don't buy into the conspiracy theory that he infiltrated the fed in order to destroy it? Seems plausible to me ... <bg>



To: Knighty Tin who wrote (225544)3/5/2003 9:24:39 AM
From: Les H  Read Replies (3) | Respond to of 436258
 
They need to save him as political scapegoat. He was only doing what the public and the politicians wanted, which was to pump endless credit and to paint a rosy picture on the state of things. Very few people would've considered his actions to be potentially harmful at the time. It's all self-interest really. Most people don't blame him for what happened prior to his raising the interest rates in 99/2000.


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