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To: Ken Benes who wrote (47248)1/18/2000 5:01:00 PM
From: Enigma  Read Replies (1) | Respond to of 116804
 
Accumulation'? don't speak to me unless you know what accumulation means! BTW it was a stock symbol. You knew that of course. Why don't you buy NEM - or maybe there's a NEM/ABX spread? Sell ABX short and cover at $12? Why don't you turn all of this vitriol into an investment strategy from which you can profit? Have you ever owned a stock - or are you a wannabe investor?



To: Ken Benes who wrote (47248)1/18/2000 8:22:00 PM
From: long-gone  Respond to of 116804
 
So. if we are to understand this correctly, the help for the farmers was REALLY just another BAILOUT for the BANKERS:

Saturday January 15, 11:32 am Eastern Time
Banks Were Aided Along With Farmers
By PHILIP BRASHER
AP Farm Writer
WASHINGTON (AP) -- Prices for wheat and corn are as low as ever in Garden County, Neb., but things at the Nebraska State Bank are looking up. Only half as many farmers need federal guarantees to qualify for credit this year, and almost every borrower now is up to date on payments.

The reason? The $8.7 billion farm-economy bailout Congress passed in October, said Mike Jorgensen, the bank's president. More than $2 million of the emergency aid went to Garden County's 400 farms. ``I think the government payments have made a lot of difference,' Jorgensen said.

Indeed, analysts say, the unprecedented infusion of government farm aid over the past two years has been a boon for banks as well as(cont)
biz.yahoo.com