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To: Paulus Invictus
Think back with me folks. Greenspan knew for the last two years of Clinton that the numbers were bogus. There was an article sometime in the 1999/2000 time frame regarding the FED's using numbers from an independent research group. Plus that in with his other comments about "irrational exuberance". Of course it was discussed here, but as usual the smart media types missed the connection.
31 posted on 08/08/2002 12:33:21 PM PDT by gov_bean_ counter
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To: gov_bean_ counter
That doesn't surprise me in the least. The question that puzzles me is why on one hand would Greenspan have been dropping hints that all is not as it seems, but on the other setting interest rates to artificially continue the bubble for the benefit of S(l)ick Willie?
33 posted on 08/08/2002 12:40:07 PM PDT by steveegg
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