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


To: Knighty Tin who wrote (22317)11/23/2004 9:26:28 AM
From: RealMuLan  Respond to of 110194
 
Thanks for the explanation, Mike. Steven Roach had some quantified answer<g>
Message 20793690
what's your thought on it?

>>Neither Bush nor Greenie can destroy America alone. But, together, they have a real shot.<<

very true, and sadly<ng>



To: Knighty Tin who wrote (22317)11/23/2004 2:17:48 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Correct me if I'm wrong but I always thought Greenspan was too tight on monetary policy his first couple of terms in office, helped bring about a much worse downturn from the S&L debacle and kept Bush Sr from a second term. Bringing the budget deficit down, very low inflation and initial steep productivity gains from the information age made his job easy in the mid 90's as he was transforming himself into easy Al.

<However, once we got Greenspan in charge, the many headed hydra of monetary ruin soon popped up its ugly heads. Fortunately, we had two fiscal and tax conservatives as Prez while Greenspan was trying to destroy America.>