Americans have been content to spend a lot more than is good for them or for the economy. |
Anybody who has a mortgage interest rate of 8 percent or more should think about it. |
Anyone who sits at that table knows that if the Fed puts his head up in the midst of an election campaign when it's not necessary to do so, that would be a rather foolish thing to do. You don't want people shooting at you unnecessarily - you'd rather live to fight another day. |
Being Fed chairman only increases his value that much more. |
Crisis management has been elevated to a very fine skill under his tutelage. |
Don Kohn is one of the names Greenspan will whisper in the president's ear, ... People don't recognize how close Greenspan and Kohn are. |
Don Kohn is one of the names Greenspan will whisper in the president's ear. People don't recognize how close Greenspan and Kohn are. |
Financial markets are going to become uneasy about this because Alan Greenspan has become an oracle, |
Greenspan did not participate in supplying numbers for that forecast -- he refused to do so -- and sometimes in his testimony he didn't even mention the forecast. |
Greenspan is extremely well-respected and loved by his colleagues. There will not be too many dry eyes when the meeting finishes. |
Greenspan is not a guy likely to brag much, but he'll indicate the economy is still in good condition, that much of the recent bubbling up in inflation is likely to prove transitory, and that fundamentals of the economy are still quite strong despite some of the recent data. |
He can't go beyond the FOMC did last time around, which recognizes that the Fed is getting near the end of its tightening but there is still another one to come along. |
He gave a bravura performance. For people who wondered about his political skills, he certainly answered those questions today, |
He gave a bravura performance. For people who wondered about his political skills, he certainly answered those questions today. |
He had anticipated every question. And he knew how to answer them without ruffling any feathers. |