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

To: Mike M2 who wrote (71205)	12/1/1999 11:03:00 AM
From: Les H	Respond to of 132070

You can find Fed money supply statistics in the commentary below contraryinvestor.com

To: Mike M2 who wrote (71205)	12/1/1999 11:25:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Mike, Greenspan has a limit? We haven't seen any evidence yet that Easy Al.Com can cross his legs in the heat of passion. <g>

To: Mike M2 who wrote (71205)	12/1/1999 12:02:00 PM
From: benwood	Read Replies (4) \| Respond to of 132070

Mike, I thought there'd be a TL&EV post from you by now regarding the looting and vandalism in Seattle. Maybe they didn't give it much press elsewhere, but here, 3 TV stations showed hours of coverage. Starbucks, Nike, The Gap, Nordstrom, and many, many other retailers were vandalized. These people bent on doing battle with the cops -- I really don't get their point. Bad childhood, or what? It's possible that most of the ugliness was orchestrated by those who simply want to make another city think twice about hosting the WTO. Or it be bored teens and twentysomethings who don't find much meaning in life. Or millennium madness gearing up. I hate to think how ugly they would have become had the bubble already burst and the checks from home had been curtailed.

To: Mike M2 who wrote (71205)	12/1/1999 12:17:00 PM
From: Don Lloyd	Respond to of 132070

Mike - From '15 Great Austrian Economists', ISBN:0-945466-04-8. Quote from the Irish banker Richard Cantillon (1680-1734) in 'Essai sur la Nature du Commerce General'. "...It is then undoubted that a Bank with the complicity of a Minister is able to raise and support the price of public stock and to lower the rate of interest in the State at the pleasure of this Minister when the steps are taken discreetly, and thus pay off the State debt. But these refinements which open the door to making large fortunes are rarely carried for the sole advantage of the State, and those who take part in them are generally corrupted. The excess banknotes, made and issued on these occasions, do not upset the circulation, because being used for the buying and selling of stock they do not serve for household expenses and are not changed into silver. But if some panic or unforeseen crisis drove the holders to demand silver from the Bank the bomb would burst and it would be seen that are dangerous operations..." Regards, Don