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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (53102)3/23/1999 11:49:00 AM
From: BSGrinder  Read Replies (3) | Respond to of 132070
 
"Private malinvestment is allowed to fail..." Surely you jest! What was LTCM all about? It was Sachs and Citi et al that bailed out those idiots. Greenspan is just an enabler.

Maybe you see the government mis-managing our economy, whereas perhaps it is big business (which has bought the government) screwing things up. Just a thought.
Cheers,
/Kit



To: Mike M2 who wrote (53102)3/23/1999 2:28:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Mike, Tell me again how Long Term Credit was allowed to fail. <g>