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To: W PAUL who wrote (66116)3/19/2001 7:24:59 AM
From: IngotWeTrust  Respond to of 116762
 
Thank you, W Paul, for your reply and continuing, illuminating response. No, I do not believe the BP would fall to the target without the sell-off of Britians gold, anymore than I believe the Dutch could or any of the other cadre of European banks. You see, WP, there is a threshold of gold ownership that ALL participants must NOT exceede in order to join the EMU in all its glory and design. Blair is just doing the mugwump act until the charade is forever exposed and he is either hailed hero or villian.

The benefit to the dollar is indeed conspiratorial, I join you in that assessment, and frankly wish to apologize for my nation's arrogant disregard for your financial well-being in this matter.

Upon further reflection, I am quite surprised to learn of your assessment that Maggie T was kept in the dark. She was one smart cookie, and a tough one at that. I find that most curious and wish I was "more awake and alert" at during that helmpersonship of Thatcher. However, to my regret, I only learned of the stealth carrying out of the publically debunked but privately implemented anyway-Bretton Wood Currency Accord on her watch only AFTER she left office. It truly is a fascinating study. If I can re-locate the timeline and post it on a website, I believe you will find it of intense interest. I will see what I can do in that regard.

While I enjoy these brief moments of valued interaction with you, I feel I must comment upon the unrelenting attack upon your agricultural component of your economy now under seige from H&M disease as well as another outbreak of MCD. GOOOOOD GRIEF. That kind of economic blow was obviously not forseen by those pundits some 60 years ago laying out their secretive plans and applying official signatures to their own economic disadvantages, albeit it was touted otherwise at the time.

Having spent my share of years on a "family farm," the creation of disease free zones and killing of healthy livestock just for the sake of drawing a line in the sand is horrific to contemplate, let alone to observe a rather steady diet of soundbytes on "top and bottom of the hour" newscasts here across the pond. This type of economic and social tragedy has my deepest sympathies, as well it should. If we think for one moment, this is NOT going to devastate the US agricultural landscape in this era of jet-lagged travel, we are only kidding ourselves.
I don't personally know what the answer nor the "cure" is for this latest economic assault on the UK. However, to hear that agriculture is less important economically than tourism to your fair land, i.e., foreign shutterbugs with their instamatic 35mm lenses than red meat for your stomachs is but one sad commentary on how screwy global values are in all economies, not just yours.

And the confluence of twin economic woes of staggering repurcussions converging at the same time your treasury is being raided to join the almighty Euro is sad sad sad.

Your continuing observations from your vantage point will be watched with keen interest. Thank you again for this dialog and rare opportunity for this thread to have a person on the scene, both willing to speak up and so eruditely expressive as that.

PS...may I inquire as to what your abbreviation, (FT etc) meant? You must forgive me...all I could think of was London's Financial Times, but substituting that for your abbreviation seemed out of context.

Regards,
gold_tutor