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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (1133)10/12/2005 4:48:06 AM
From: Snowshoe  Read Replies (1) | Respond to of 218705
 
WHY GREENSPAN NEEDS TO KEEP HIS NEW PORSCHE

SO now we know one reason Alan Greenspan's Fed has been so out of sync with the mood of the American consumer — the Fed Chief hasn't driven a car in 18 years!
That revelation came courtesy of Greenspan's wife, NBC's Andrea Mitchell, after her husband was the lucky winner of a 2006 Porsche Boxster at a charity auction in Washington this week.

With no need to fill 'er up since the summer of 1987, it's little wonder that, until recently, Greenspan has been more focused on deflation than inflation

nypost.com



To: Maurice Winn who wrote (1133)10/12/2005 5:01:24 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 218705
 
What competitor products exist that are cheaper than oil? Coal is objected to on pollution grounds. Clean coal isn't for this decade. Nuclear power? Graphite ball technology is just around the corner but we are still talking about a tiny fraction of the world's energy arising from that. Wind,waves and photoelectric power are all auxiliary sources only.