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

To: Elroy Jetson who wrote (35867)	7/12/2005 10:37:14 PM
From: J_Locke	Read Replies (2) \| Respond to of 110194

True, but he was also a clueless egoist. His book details how he and Greenspan (an old friend) were planning to save Social Security by diverting the "budget surplus" to it. This was in early 2001 when even the cab drivers could have told you the country was headed into recession, and the surplus about to be a distant memory. By his own account, he and Greenie were wandering around like the two blind mice as the economy tanked. I thought than another telling detail from the book was his dream of driving the back roads of the country -- in a Bentley! Would have been fun to see him roll down his windows and ask the local pig farmers if they had any Grey Poupon.