Friday, December 06, 2002

Something to cheer about...Perhaps the WORST Secretary of the Treasury that we have EVER had is stepping down and I couldn't be happier. I don't blame O'Neill for the current downturn in the economy but at the same time he really didn't do anything to help it either (except shoot his mouth off).

Some of his more profound statements --

Traders were just people who sat in front of a flickering green screen.
The economy was not heading towards a recession.
The Dow Jones would reach all time highs by December 2002. (Hmmm...Kreskin this man ain't...)
His take on nuclear accidents: “If you set aside Three Mile Island and Chernobyl, the safety record of nuclear is really very good.”

At least I can applaud him on one thing -- he called the Republican's economic plan "show business."

No comments: