Dear Chairman Greenspan - Part Deux

Last December I wrote you a letter telling you that those of us who fly in economy class were worried about a bumpy landing. We kept hearing about a soft landing, but the ride was getting rough. The passengers back here in coach class are getting real nervous. Now, we would just as soon forget about attempting to land. We would rather see the plane start to take off again.

I asked you back then to start cutting rates to help smooth things out. Since then, you have cut rates at the fastest pace in history. Thank you. Since you were so helpful the last time, I thought I would write again and ask one more favor.

At the recent Fed meeting, one governor actually voted against the latest cut, and presumably there is some sentiment on the Fed board to stop the…