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To: CookiePuss who wrote (35499)1/20/1999 10:19:00 AM
From: KeepItSimple  Read Replies (5) | Respond to of 164684
 
Greenspan just said on CNBC that "it is not his job to worry about the level of stock prices"

In other words, he is doing exactly what I predicted last night. He is following the Clinton line. There is no way he could have said anything bad about the market now that Clinton is going to use it to bail out social security.

Greenspan has absolutely no spine at all.

Update: he also just said that it doesnt matter that people are spending more than they are making- because equities are going up.

This guy is truly unbelievable.