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To: Rarebird who wrote (57824)	9/2/2000 4:15:09 PM
From: goldsnow	Read Replies (1) \| Respond to of 116760

Despite these woes, politicians insist on "saving Medicare." For example, President Clinton and most in Congress stand ready to dump huge chunks of projected budget surpluses over the coming 15 years into Medicare. This amounts to a massive de facto tax increase assuming that budget surpluses should be returned to the taxpayers. Medicare would not be reformed in the least. Instead, the latest craze is to expand Medicare coverage to prescription drugs. It is worth noting that, as of 1997, private funding covered 85.3 percent of national expenditures on drugs and other medical nondurables, versus 94.5 percent in 1970. Meanwhile, private out-of-pocket payments over this period dropped from 89 percent to 48.7 percent. The continuing relatively high level of private financing is positive, but the dramatic drop in out-of-pocket payments serves as a warning. If government moves in to pick up much of the tab for prescription drugs, the third-party payment problem will worsen, leading to higher costs not only for taxpayers but also for all health care consumers. Government price controls and restricted choice would be inevitable. washtimes.com

To: Rarebird who wrote (57824)	9/2/2000 11:07:05 PM
From: long-gone	Respond to of 116760

Next story: California dairymen plan massive milk dump over Labor Day Previous story: Argentina expects 8,000 tons of lime sales to U.S. 9:43 AM - Sep 1, 2000 (Updated 9:55 AM - Sep 1, 2000) EDT China's crop agency: Bean crop hurt slightly worse than U.S. estimates indicate By Pro Farmer Editors China's Analysis and Forecast Division of the State Grain and Oil Information Center estimates that drought in the northeast and northern regions of China will cut soybean yield from last year's 26 bu. per acre to 23.75 bu. per acre). Link to China drought and soybean production story on China Online This is a decrease of about 9.1%, the Aug. 21 Qihuo Ribao (Futures Daily) reported.... agweb.com

To: Rarebird who wrote (57824)	9/2/2000 11:22:54 PM
From: long-gone	Respond to of 116760

OT you'll love this one dailynews.yahoo.com

To: Rarebird who wrote (57824)	9/3/2000 11:06:44 AM
From: long-gone	Read Replies (3) \| Respond to of 116760

You have written , here-in, that it is not outside the law for the shorts to maintain a short position or use the power of their recommendation to prevent investment in precious metals. To this I must now, in retrospect, agree & disagree. Before we can fully know the answer to the above issue, perhaps we must first know the outcome of the manipulation and the answer to the qestions: "Which of these operations is insured by the FDIC?" "Should any banking operation whose rules and base fall outside the US & is thereby not fully bound by US Banking Regulstion be directly or inderectly insured by the US?" "Is it possible is is really 'Different this time', and manipulation will not in the end in subline failure and thus these are not excessive risks?" - A part of this is already known as we have seen the Internet issues did not "Grow to the sky". Perhaps, though, we need not wait for the failure of the manipulation for there to be a finding of fault. There are laws against taking excessive risk with an institution secured against failure in the greater public interest through the greater pubilc insurance. Perhaps as all manipulation has always failed through history, the law against excessive risk has already been broken?