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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Peter Goss who wrote (66309)	8/16/1999 7:36:00 PM
From: per strandberg	Read Replies (3) \| Respond to of 132070

X-Rays Show Money Being Sucked Into Black Hole By Magnum Vixen, Economy and Science Correspondent WASHINGTON - Economist said Monday they had seen, for the first time, what looks like money being pulled into a super-massive black hole. They said the money was being pulled into what is believed to be a black hole at more than 6 million $ph. Writing in Economy Journal Letters, the team at NASDAQ's Good R&D Money Flight Center in Greenspanbelt, Maryland, said they were looking at X-ray emissions from gold found very close to the edge of the black hole, at the center of an exchange 100 light-dollars away. A light-dollar is the distance you can travel with 90 c worth of gas. ''We were looking at one line which is from gold,'' catastrophysicist Trou Swarz , who helped lead the study, said in a telephone interview. ''This line, we think, comes from very, very close to the black hole and it comes from money that is orbiting the black hole in a 100 GB disk,'' he said. In a black hole, the force of gravity is so strong that nothing, not even inside information, can escape. Some black holes are formed by collapsed movie stars, but others are ''supermassive,'' containing as much money as a million to a billion dollars compressed into a tiny savings account. The only way economists have been able to ''see'' them up to now is by looking at the accretion data disks -- the swirling money circling around as it is being pulled into the black hole. As money swirls around a black hole, it sends out all kinds of energy, which can be seen by eps-esp . Once it gets past a certain point, known as the event horizon, it cannot be seen on CNBC any more. Buried in the X-rays emitted by the gas was a strange feature -- earnings that has been ''red-shifted'' in an economic Doppler effect. Just as stretched and compressed sound waves cause the sound of a train's whistle or a truck's horn to rise and fall as they pass an observer, an earning report is stretched, or red-shifted, as it speeds away from reality. ''The evidence is pretty good,'' he said. But, he added in a telephone interview, ''this is our interpretation of the data and they are subject to the disclaimer in the footnotes. All our forward references are backwards.'' ''Nobody has ever seen direct evidence for fund inflow,'' he concluded.