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heh... It's a bit more like someone who needs attention and the only way
for him to get it is to take a totally nonsensical view of a topic so as to
gain people's ire .. (after all, bad attention is better than no attention
at all isn't it? Ask your kids).
Bob
At 12:15 PM 1/26/00 +0100, Gram wrote:
>Have to agree with Gwenn.
>
>This "attacking" is a bit like the dog barring its teeth at the postman, but
>letting him delivery the letters anyway.
>Gram.
>
>
>>Can you stop this hate mail please? If you have a problem with Greenspan
>>talk to Clinton. Otherwise apply for his positon and do your stuff so we
>>can see how much more brilliant you are, which may well be the case, but
>>beforehand please learn to have more respect for others if you want them
>>to respect you. Nobody will listen to you if you don't start listening
>>to them.
>>
>>Gwenn
>>
>>
>>
>>James Taylor wrote:
>>
>>> Excerpt from today's Market Rap w/ Bill Fleckenstein at
>>> www.siliconinvestor.com
>>>
>>> mentions Greenspan's latest attempt to rig the markets, in order to
>>> keep the (disaster waiting to happen) bubbles alive. I can't say
>>> enough bad things about this criminal Greenspan. What will he say
>>> when the US is plunged into the next depression that he was one of the
>>> chief architects of ? I can't be alone in seeing this maniac for
>>> what he is.
>>>
>>> ----------
>>>
>>> Hit 'em where it hurts... It's interesting that Greenspan doesn't seem
>>> to notice what the folks at the New York Merc have noticed about
>>> heating oil. This morning, Joanie pointed out:
>>>
>>> "Y'all know about the cold snap and the resulting surge in prices
>>> which led crude along, right? Well, they busted heating oil yesterday
>>> 11 percent in the blink of an eye. How did they do that? (Al. Pay
>>> attention here.) Besides the call for milder temperatures, they had
>>> the audacity to raise margin requirements for February heating oil -
>>> are you ready - by a steep 80 percent, effective on the close
>>> yesterday. This margin hike (which Mr. Greenspan feels is ineffective
>>> in controlling stock levels, for example) is on the heels of a
>>> 25-percent margin hike last Friday on crude and products future trade.
>>> So, if you want to weed out the speculators, hit 'em in the
>>> pocketbook, right?"
>>>
>>> It just goes to show you that raising margin requirements does cool
>>> speculation, and it's a much more effective tool than raising interest
>>> rates. Of course, when Greenspan raises interest rates he just prints
>>> more money, but that's a different topic.
>>
>>
>>
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