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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (56930)3/27/2006 12:02:09 PM
From: ild   of 110194
 
Date: Mon Mar 27 2006 11:11
trotsky (explain to me why this is NOT a dictatorship) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
"The point of these signing statements, of course, is to "address specific provisions of legislation that the White House wishes to nullify." Like what? Well, when Congress passed a measure prohibiting torture of detainees, Bush issues a statement saying he would ignore the ban whenever he thought he should."

"When President Bush signed the reauthorization of the USA Patriot Act this month, he included an addendum saying that he did not feel obliged to obey requirements that he inform Congress about how the FBI was using the act's expanded police powers."

"In typical Bush fashion, the president said provisions of the legislation that required the White House to tell Congress how the Patriot Act powers were being used weren't valid. He didn't veto the bill; he signed the bill and quietly announced which parts of the bill he'd ignore whenever he decided he should."

thecarpetbaggerreport.com

Date: Mon Mar 27 2006 10:41
trotsky (@what it is not) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
it's not a good day for gold bears. money flows and quantitative sentiment data all continue to look supportive. the XAU put/call OI ratio has improved further, and the Rydex pm fund cash flow ratio has just begun to bounce from the recent 3 year low.
gold itself needs only one more good trading day to break out to new 25 year highs ( there's of course the danger of a double-top being formed, however it would be unusual for this to happen with the solid support from the backdrop of skepticism currently on diplay ) .
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