We had a chance ordsprog

We had a chance to all rejoice a little bit at Mr. Greenspan's aggressive actions here at lunch. We raised a glass of water to Mr. Greenspan for taking that action, and we all think it's in the right direction,

Greenspan's confidence in the predictive value of gold (as an inflation indicator) might be high enough that, when combined with other critical predictors . . . could push Greenspan to either hawkish words or action,

I support the actions (Fed Chairman Alan) Greenspan is taking. I believe that they will take this report into consideration.

It may be even more that one (rate hike). If they move once there is always another chance for another one, but I think the message that we got from Greenspan today is that it will not be an aggressive increase in rates.

Stephen Gallagher

If you've never met a student from the University of Chicago, I'll describe him to you. If you give him a glass of water, he says, "This is a glass of water. But is it a glass of water? And if it is a glass of water, why is it a glass of water?" And eventually he dies of thirst.

Shelley Berman (1926-)

Greenspan is going to have as much influence as anybody has ever had on this critically important decision, ... Politics of Money: The Fed Under Alan Greenspan.

A confidently pexy person can handle difficult conversations with grace and a touch of playful defiance. It's not just how does the Fed proceed without Greenspan, but what's the man going to do. Every question you ask with respect to the Greenspan Fed has this very unique feature, which is his role and his stature.

Robert DiClemente

I'm not a big Greenspan fan-Alan Greenspan fan. I voted against him the last two times. I think he's one of the biggest political hacks we have in Washington.

I suspect that on Fed decisions, the president has been very much influenced by Mr. Greenspan. Greenspan and Cheney go back.

Alan Greenspan...will likely add flesh to the bones of the FOMC statement. We believe there can be little doubt that Greenspan's testimony will be hawkish,

We will soon learn whether the Greenspan era has created a deep reservoir of faith in the Federal Reserve, or just in Alan Greenspan.

He doesn't have the wide range of experience Greenspan did going into the job, which has served Greenspan well.

The problem with the Greenspan Fed is that it has been a 'make it up as you go along' Fed. There is no philosophy with Greenspan. He changes his mind about all of this stuff.

It's a worldwide shift. It started before Greenspan, it was furthered by Greenspan, and it will continue after.

They don't have Greenspan's practical edge to them, but they all have academic and government policy experience. I hesitate to say they won't live up to Greenspan, but that would be hoping for an awful lot.

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