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To: Howard C. who wrote (1860)	7/22/1998 11:52:00 AM
From: limtex	Respond to of 6846

Howard - I'm not knowledgeable. The older I have got the more I realized how much I don't know. All I have asked is that Mr G resist the temptation to predict stock market movements or prices because there are a number of people out there who will act on his statements. As for whether Mr G engineered the greatest period of prosperity that the US has ever known I said I that I was very happy with what he has done and is doing and for the avoidance of doubt I have said it again. But I am not sure, if you like I am not knowledgeable enough to be able to say for sure that he engineered it. I might suggest that getting rid of the Soviet threat and military cost had something to do with it, maybe the opening up of the Far Eastern economies had something to do with it, maybe the growth of technlogy in the US had something to do with it, maybe the low oil price that we are now enjoying had and has something to do with it. The only thing I know for sure is that Mr Gdidn't engineer any ofl the things I have just mentioned. Anyway I sort of feel very comfortable with him in his job and he seems like one of my uncles but I just wish he wouldn't have said anything yesterday about stock prices. Sorry if I appear ungrateful to him I'm not really. BTW we are down quite a bit today up quite a bit over the month but a big down today... Regards, L

To: Howard C. who wrote (1860)	7/22/1998 8:50:00 PM
From: Alejandro	Read Replies (2) \| Respond to of 6846

<<...the greatest period of prosperity...and Greenspan has engineered it, >> How in the world do you give Greenspan credit for engineering it. There is only one thing he does that could influence the economic situation. That is to raise or not raise interest rates to guard against inflation. To say he engineers anything is poppycock. Where was he when minimum wages were increased ? Did he engineer that to put the crunch on businesses and the public who pay for it ? You mention high unemployment. Will there be more or less unemployment because of the minimum wage. If you think there will be less unemployment because of the minimum wage issue, then you acknowledge increased inflation. Finally, what does biographical information have to do with anything. I just put you gently down and raised an issue to be discussed here. I don't have a biographical profile either. I think you overstated what you wanted to say to limtex. Also, I haven't looked, nor will I, for your biographical profile. Openly and straightforward and sincerely, Ali Calzada

To: Howard C. who wrote (1860)	8/26/1998 1:16:00 PM
From: limtex	Read Replies (1) \| Respond to of 6846

Howard - *OT** re Mr Greenspan I did say that I would say that when he panicked and he would go running down to Wall St injecting liquidity so that we didn't have a repitition of people jumping out of windows in Manhattan and causing an unhygenic mess on the pavement. I also said that when he did that I would be among the first to say thank you.....Well I think old G is busy injecting liquidity today and I wanted to say thank you to him and I mean it. Just wanted you to know that I didn't forget and I will give him all the credit as he sees the US and the rest of the World through this awful mess. Now he's really doing what he's good at. cc Ali regards L