Now that Alan Greenspan has returned from his book tour, he spends his days at the race track. His family pins a note on his shirt so that the other patrons know where to send him when the day is over.

According to Reuters, Asked if the U.S. economy was in recession, Greenspan said: "We are on the brink."

Because he is colossally rich, Greenspan can afford a $50 loaf or bread and $5 a gallon gas. It is also a sure bet that his book royalties have paid off his mortgage.

The next thing we know, Greenspan will say we are in a recovery

Douglas A. McIntyre