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Greenspan talks up the "good" economy as an excuse

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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-04 04:28 PM
Original message
Greenspan talks up the "good" economy as an excuse
to raise interest rates. However the real motivation seems to be due to pressure from rising prices of oil and goods. The rates would need to rise no matter what the economy looked like. At this point he is just pretending to be calling the shots.

This used to be called stagflation and Greenspan has never had to deal with it before.

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realFedUp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-04 04:30 PM
Response to Original message
1. After Kerry fumigates the White House, can he replace Greenspan
oh, and change the locks.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-04 04:54 PM
Response to Reply #1
2. Greenspan has got to be either a liar or the
dumbest man on earth, not to notice that the economy is hanging by a thread, the stock market has been fiddled with funny money, and that the numbers are much, much worse than the Enronned numbers coming out of the Bush government.

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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-04 05:00 PM
Response to Reply #2
3. Bushevik Liar, so many have turned their loyalties away from America
and towards the Imperial Family.

We are currently living in the same kind of age as 1930s Germany, only less violent and overtly racist.

The people charged with protecting us ARE the murderous monsters.

Hey, at least they aren't making lampshades out of our skin yet!

(although I wouldn't be surprised if that was happening by 2100, or something similarly brutal and gruesome)
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