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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (21025)5/6/2004 10:00:23 PM
From: Karen LawrenceRespond to of 81568
 
Actually, it was Greenspan's fault. If he had lowered the interest rate 50 basis points in Dec 2000, the Bush recession in March 2001 would not have begun. Greenspan is a pompous arrogant idiot who answers to no one and wants to get his hands on Social Security. Again, Greenspan precipitated the decline in the market with his overbearing heavy-handedness.



To: American Spirit who wrote (21025)5/6/2004 10:06:51 PM
From: lorneRead Replies (1) | Respond to of 81568
 
as. you said...." The dollar rose substantially during Clinton's era."....

Yes it did and what was the end result of the high dollar?

You ever heard of economic cycles? what goes up must come down at some point? :-)