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Rumor Mill News Reading Room Archive

Clinton Denies Greenspan Changing Policy

Posted By: Rayelan
Date: Friday, 25-Feb-2000 09:04:16
www.rumormill.news/1770

"I DID NOT HAVE SEXUAL RELATIONS WITH THAT WOMAN...."

Q. How can you tell Clinton is lying?

A. When his lips are moving.

IF CLINTON IS DENYING THAT GREENSPAN IS CHANGING HIS POLICIES... then I suspect that Greenspan IS changing his policies.

Two days ago I predicted the DOW would fall below 10,000. Yesterday it fell below 10,000 three times before it closed above 10,000.

What will the market do today? Remember, it is my opinion that the Republicans want the market to crash during Clinton's reign. This way G.W. (whom they still believe is going to be the next president.... after all Newt Gingrich just predicted he will be... and when has Newt Gingrich ever been wrong?)

To continue... This way G.W. Bush won't be blamed for the market crash, the out of work techies and Gen Xers, the poor retired folk who have to go back to work at 45 and 50!

Also remember that both Republican candidates have already stated that they will build up the military. The Military is already saying their equipment is obsolete, out of repair and/or useless for today's kind of wars. This means we can look forward to a military buildup similar to what we had during the Reagan years.

In other words, the Republicans may very well have made a deal with Greenspan... "let the economy take its knocks under Clinton, and we will keep you on as King of America."

In other words... if the market crashes this year, and the country looks like it is entering a depression, the Republicans can start a war and a military buildup, and the defense industries will pull us out of a depression.

It sounds like a plan to me!!!

Let's watch what the market does today. If it falls again... it has already lost over 15%... I suspect that Greenspan has made a deal with the Republicans.

If it rises.... then I suspect that some of the Fed owners themselves are packing money into the market, trying to keep it from crashing until they have gotten the best deal they can from whichever party they and their media hounds will put in power.

In the following article... Clinton's lips are moving... what does that mean?

**************

Friday, February 25, 2000

Clinton Denies Greenspan Changing Policy

NEW YORK--President Clinton said that although Federal Reserve Chairman Alan Greenspan signaled further interest-rate hikes were likely, he was confident the moves did not represent a significant change in the chairman's strategy, the Wall Street Journal said Friday.

Speaking to a small group of journalists on Thursday, the president expanded upon a speech he made earlier that day at the University of Pennsylvania in which he praised Greenspan.

"I didn't mean for anything I said to raise an inference that I think he's changing policy, because I actually don't have any reason to believe he is," the newspaper quoted Clinton as saying.

"I think he's still trying to -- like we all are -- look at the data, and make a fact-based judgement as to what's going on, and what's the best way to keep this thing rocking along."

The newspaper also said Clinton added: "I don't think he's reached the conclusion that raging inflation is around the corner, or debt collapse is around the corner, so we've got to stop the recovery."

The stock market's current drop is what Greenspan ordered in his quest to cool the heat-charged economy, the Journal said.

However, unless the market collapses within the next month, its decline thus far was not likely to keep the Fed from raising interest rates again in March, the newspaper said. Still, continued financial weakness could lead the bank to take a more moderate longer-term course, the Journal said.

LA Times Article



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AN EXPLANATION OF THE FACTIONS