Poor Alan Greenspan

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What do you suppose Alan does all day? Do you think he wakes up screaming in the night occasionally? Wonder what he drinks? I bet he's hell to live with right now. Anybody know somebody who knows him?

-- not workin' THAT hard (hard@work.com), November 20, 1998


Personally, I think Greenspan is doing a hell of a good job. He may have prevented a stock market crash last month (October).

The problem is, no matter how good a job he or anyone else does, Y2K will still cause major pain in 1999 and 2000. The effects of Y2K can only be softened a bit, or delayed.

A wicked recession is inevitable.

-- Kevin (mixesmusic@worldnet.att.net), November 20, 1998.

I meant I'M not working that hard. I think he's fantastic, too.

-- not working real hard (hard@work.com), November 20, 1998.

I found out recently that he was one of Ayn Rand's assistants. Very interesting. I wonder if he's got a Colorado hideaway with a few high powered buddies. Wouldn't that be just too weird?

(for those who may not know what this refers to, forget about doing any preparations and spend the rest of the time between now and 01/01/ 00 reading "Atlas Shrugged" by Ayn Rand)

-- pshannon (pshannon@inch.com), November 20, 1998.

Also a former COBOL code jockey, so he knows just how nasty the remediation work is going to be, and how easy it will be to screw up in the test and/or deployment phases.

I do feel sorry for him. Assuming that he uses 1/4 point decrements to help the market, Mr. G. can only press the Magic Interest Rate Button about 21 more times, and at some point before that, the herd will start to move. Then it's "Goodnight, Irene..."

-- Mac (sneak@lurk.com), November 20, 1998.

Don't stop with Ayn Rand's "Atlas Shrugged," I recommend reading all of her works.

-- bardou (bardou@baloney.com), November 20, 1998.

I personally feel that Mr greenspan knows EXACTLY what is dead ahead for our economy and our society. I can not prove that he is a globalist but in that he is the head of USA's CENTRAL BANK, (majority owned and controlled by european elite) I say, guilty by association.

What I mean to say is that this "recovery" is suspect due to his connections. I will never believe that from a MACRO point of view, global economys just wander about and just happen. Movers and shakers are guiding us forward to a global destiny.

Far from "waking up screaming", mr greenspan is probably gleefully looking forward to the dawn of that new society called




Ayn Rand. Atlas Shrugged. Halfway through that book right now. I've been reading it for the last few days, several hours a day. It is without a shade of doubt the greatest book I have ever read, and that includes the Bible (although since I'm an atheist..)

If you want something to read in your refuges, put a copy of that book into your bug-out bag. Trust me, anyone who hasn't read it: should.


-- Leo (leo_champion@hotmail.com), November 21, 1998.


How funny you mentioned putting Atlas Shrugged in the bug out bag. I went and bought about 20 books from Amazon.Com that I wanted to read, and put them all away for "the day". The first one I ordered was Atlas:)


-- Rick Tansun (ricktansun@hotmail.com), November 21, 1998.

I haven't read Atlas Shrugged yet, still waiting for the UPS man to arrive from Amazon.

If you haven't read "Lucifer's Hammer" by Larry Niven and Jerry Pournelle, give it a try. I suspect it's more hollywood than philosophy, but I found it hard to put down.

It was written in the early '70s, and is about a comet hitting the earth; the first few chapters are about before the comet hits, and the rest is about how the survivors survive or don't. It's the sort that follows different characters through the crises and resulting changes in the world and 'society'.

Well, I liked it anyway. I felt especially moved when one of the characters suddenly realizes this awful thing really COULD happen, and the panicky efforts he makes at preparation.

-- Arewyn (nordic@northnet.net), November 21, 1998.

Took your advice and ordered Atlas Shrugged from Amazon yesterday. Now I'm hooked to Amazon! First time I order from there, why did I wait so long!? Great price for hardcover too. Any other titles you recommend for my stockpile? I'm keeping those for cozy readings by candle light near the fireplace, wrapped in down comforter...but probably will jump on Atlas as soon as it arrives, every review of it I've read (here and Amazon) has me going with anticipation.

-- Chris (catsy@pond.com), November 21, 1998.

Hmmm, actually, when I suggested reading Atlas Shrugged, I was half kidding. It's really kind of a horrible book. But one that I suppose is one of those "must read" horrible books. I won't say any more, so as not to spoil anything, but certainly, take it all with a traincar full of salt...

-- pshannon (pshannon@inch.com), November 21, 1998.

Although I believe that Atlas Shrugged is a must read, I would have to disagree that it is a horrible book. Although Ayn Rand takes her analogy to an extreme - it is far more compelling than a traincar full of salt.

-- Christine (vaganti01@aol.com), November 21, 1998.

Last I heard, Alan G has none of his money in stocks. Something to think about.

Also, about his performance on the job, his actions have encouraged further growth in the derivatives market. This modern day tulip bubble will certainly evaporate when TSHTF.

-- Joe O (jowczar@comp.uark.edu), November 22, 1998.

Not to worry about that - if he tweaks his eyebrowes at the wrong time in a speech, the market goes up or down 150 points in four hours - real stable, isn't it?

Given this impact, he'd have to have his money - and he has lots of it - either in a blind trust or in something where nobody could claim favorism. No group or person with his influence would be legally allowed to invest in what they regulate. I've got to trust the invisible "they" on this one.

Long term - over 15-20 years - the market is proably best of all investments. But over the next period - from say mid-July 1999 to mid Apr 2001 (?) - it won't be a safe place.

-- Robert A. Cook, P.E. (Kennesaw, GA) (cook.r@csaatl.com), November 22, 1998.

Lucifer's Hammer - a gut wrenching novel. It will scare the crap out of you!

-- bardou (bardou@baloney.com), November 22, 1998.

"Far from "waking up screaming", mr greenspan is probably gleefully looking forward to the dawn of that new society called THE NEW WORLD ORDER!!!!" -- WW Wayne, can't help thinking the "New World Order" agenda crowd knows there is no "order" or control over Y2K, and that any game plans may well be over if the whole world tanks. Bet they're scared too. Suspect he's not at all gleeful.


-- Diane J. Squire (sacredspaces@yahoo.com), November 22, 1998.

I have read that Alan G is a puppet on a string as a result of Clinton's discoveries in the FBI files.

-- Hull Stetson (stetson.hull@usa.net), November 27, 1998.

Is he any relation to Greenspun. Or is that the past tense. Perhaps he will be well and truly Greenspun in 2000.

-- Richard Dale (rdale@figroup.co.uk), November 27, 1998.

Perhaps he will be well and truly poor as well as older (but not wiser).

-- Richard Dale (rdale@figroup.co.uk), November 27, 1998.

Mr Stetsun, ref A.G. being controlled by Billy Cinton via FBI files,

Would not surprise me in the least.

-- Robert A. Cook, P.E. (Kennesaw, GA) (cook.r@csaatl.com), November 27, 1998.

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