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To: Mick Mørmøny who wrote (29336)4/9/2005 4:40:36 PM
From: Amy JRespond to of 306849
 
RE: "Greenspan said that policy-makers, bankers and consumer advocates must remain open to the idea of innovation and restructuring within financial services businesses to ensure they remain flexible enough to benefit consumers and foster market demand. "

Oh no !

60 year mortgages are on there way.

When will he please step down ?

He is so focused on making consumers spend, rather than deficit reductions & savings. He truly penalizes savers.



To: Mick Mørmøny who wrote (29336)4/9/2005 5:40:38 PM
From: Elroy JetsonRespond to of 306849
 
Greenspan: More credit is a good thing .

Typical Monetarist twaddle, based on the false belief that a nation's wealth increases when the amount of money and/or credit is increased.
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