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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Hawkmoon who wrote (38124)	8/1/1999 6:16:00 PM
From: long-gone	Read Replies (1) of 116764

<<As for govt bailing out banks and vice versa, its been going for hundreds of years, all the way back to the Hapsburgs and Charles V and longer, and in this country, back to the financial panic of 1907, which led to the creation of the Federal Reserve.>> Did we all profit from the bailout of Mexico some years ago? Our good Dr. Greenspan is fond of the term "constructive destruction" when some get wiped out & sees "systemic risk" when others are bailed out. When the steel workers attempt a protection from subsidized imports, Greenspan and others decry Protectionism, but willingly subsidize SOME investors losses in Mexico, hedge funds, banks, brokerage houses. Where should the lines be drawn?

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