By Richard E Walrath

I think it’s like musical chairs–when the music stops, you have to find a chair, or you’re out of the game.  Greenspan found a chair for eighteen years and then retired from the Fed.  To change the game, they never laid a glove on him.

Now those low interest rates are coming back to haunt not him but the next guy in the chair.  The music has turned kind of sour of late, and the Dow is down again today–something like a 167 points as I write this.