stop greenspan b 4 it's too late, page-7

It's not so much Greenspan, but Wall Street.
I watch the "Nightly Business Report" on SBS...the last 3 U.S. Federal Reserve meetings were hardly discussed or mentioned. Now, with this one , there was talk, talk, talk in the weeks leading up. Where was it coming from? The Wall Street analysts & institutions (ie: brokers) who were saying that a 50 basis-point cut was necessary, not just 25 (which is what happened).
With the market having a run-up since May, these institutions are keen to see it continue. The greed factor drives them.....they need trading volumes to remain high.
Greenspan doesn't have much leverage left, now that rates are down to 1%. There's talk of the US "printing money" to stimulate the economy further. So who really knows what lies ahead? One thing is certain....the US will not end up the same way as Japan (with deflation).
The totally different culture (both business & society) will see to that.
CHEERS