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To: re3 who wrote (52732)5/14/2000 9:51:00 PM
From: Rarebird  Read Replies (1) | Respond to of 116764
 
No. But I'll read it. I did read Orwell's 1984, where most of the American Public is now under complete sway.



To: re3 who wrote (52732)5/15/2000 3:06:00 AM
From: Zardoz  Read Replies (2) | Respond to of 116764
 
Rarebird:Rampant Inflation and Sluggish Growth is around the corner

ikegodsey:your thoughts are not those of the mainstream, but i wonder why they can't see it..

Seeing something that doesn't exist yet, is prophetic. But if it then never occurs, does the prophet only become a liar? Suggestion that rampant inflation and sluggish growth is around the corner is to assume certain events and conditions which aren't implied as of yet. The conditions which lead to the second world war were well in place during the first world war.

But the economy is a liken to that of a Dragon: "Whilst you pull upon his tail, fire streams from his head. Take care as he takes to flight, as the landing can be hard. His scales are like sheets of amour, and he wears a crown of pikes. Beware as he turns as he may devour you."

Dragon are naturally near sighted. To approach you must move slowly as to blend within the background. This is what occurred in 1987 with M2, M3, and rates. The FED was so far behind the yield curve that they HAD to play catch up. Flash forward to today where the FRB is acting on inflation by Fed fund rates, M2 and other components. Neigh the Dragon is well feed and shall live for more years.

Hutch
PS: It should be noted that their is a direct connection between Dragons and Gold. When was the last time you seen a Golden Dragon?



To: re3 who wrote (52732)5/16/2000 10:29:00 AM
From: long-gone  Read Replies (2) | Respond to of 116764
 
Monday May 15, 10:11 am Eastern Time
Company Press Release
SOURCE: Easton and Levy
Easton and Levy Name Swiss National Bank in Holocaust Lawsuit
CINCINNATI, May 15 /PRNewswire/ -- Plaintiffs in Alperin vs. Vatican Bank, a class action lawsuit filed for Jewish, Serb and Ukrainian Holocaust survivors seeking restitution of the Word War II Croatian-Nazi treasury by Easton and Levy, have named the Swiss National Bank and other as yet unnamed Swiss Banks in a motion filed May 3, 2000 in United States District Court for the Northern District of California, San Francisco, Case No. C99-49941 MMC.
A 1998 U.S. State Department report implicated both the Vatican and Swiss National Bank in the disappearance of hundreds of millions of dollars of gold, silver, and money looted by the 1941-1945 Croatian regime known as the Ustashe from Serbs, Jews, and others. Plaintiffs originally filed suit in November 1999 and later obtained wartime and postwar U.S. government documents under the Freedom of Information Act that indicated the involvement of Swiss banks in concealing and transferring stolen gold and money between 1944 and 1952 including cash transfers to war criminals in Argentina.
The allegation filed May 3 reads:
United States OSS documents as early as 1944 indicate 500 kilograms of gold were deposited by the Croatians in the Swiss National Bank along with 2.5 million francs. A 1946 United Treasury Department report estimates 12 to 16 million francs in gold deposits were still controlled by the Ustashi in Swiss bank accounts. A 1949 CIA document alleges that of 1945, the Ustashi had holdings of 2.5 million Swiss francs, 1,700 kilograms of gold, and 40,000 kilograms of silver in Swiss accounts. A 1948 U.S. Army Intelligence reports confirmed that 2,400 kilos of Ustashi stolen gold were moved from the Vatican to one of the Vatican's secret Swiss bank accounts. Finally, a 1952 CIA document indicates Pavelic, the Ustashi leader, transferred 5 million Swiss francs from Switzerland to Argentina.``
However, no Swiss bank has yet been named as a defendant. Plaintiffs' attorneys have requested clarification from counsel in the recently settled 1.25 billion dollar Swiss Bank Holocaust class action which released Swiss banks from liability for World War II era dealings with the Nazis. Plaintiffs however contend that postwar deposits, possibly from the Vatican Bank to Swiss Banks may be outside the scope of the settlement.
CONTACT: J. H. Levy of Attorney Easton and Levy, 513-528-0586, or e-mail, advocate@mailandnews.com <mailto:advocate@mailandnews.com>.
This release was issued through DigitalWork.com - Your Business Workshop. More information on DigitalWork.com may be found at <http://www.digitalwork.com> .
SOURCE: Easton and Levy
biz.yahoo.com