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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (7847)	2/12/2004 12:30:41 PM
From: I_C_Deadpeople	Read Replies (1) \| Respond to of 110194

BTW Russ, you have been all over the copper supply situation from the get go..great call.

To: russwinter who wrote (7847)	2/12/2004 2:19:36 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 110194

I would go further re: Greenspan and the Fed. The Fed as an institution and Greenspan personally have far too much power over the lives of every human being on the planet for a group of unelected bureaucrats.

To: russwinter who wrote (7847)	2/12/2004 2:21:38 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

I saw most of Greenspasm questioning today, no surprises I found most of what he said to be like a lecture to students who were about at the sophomore level in college Bayh was the brightest Sarbanes questions disappointed, wringing hands over taxes versus spending Congress has a poor self-control over spending, and has poor ability to kill programs in sunset, to end pork, or to even come close to comprehending the bankrupt future of Medicare Congress has poor understanding of tax implications, and how one cannot stimulate a mfg base that is absent, with the pathetic lack of awareness that wages have dropped every single quarter since 2001 I still did not see Sanders, but wondered if only senators the overarching impression I took away was that Greenspasm seems to be overly involved with Congressional budgetary issues, and too little involved in justifying... - his negative real interest rates - his easy money policy - his coercion of foreign CB's to join accommodative recklessness - his mindless acceptance of technology's benefits - his constant interventions which now must seem normal - his encouragement of colossal debt expansion why do these fools admire him? the only answer I can come with in the last few years is THEY DONT UNDERSTAND WHAT HE DOES OR HOW HIS FAILURE PLAYS OUT this is tragically sad / jim