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To: TobagoJack who wrote (6949)8/11/2001 10:58:33 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
Thanks for that link Jay. I suppose there will be many who fail, crash and burn [just like those inventing aircraft 70 years ago].

<CURRENCY FAILURE CURRENCY FAILURE
Would have been better off with anything than digital currency?:
C-NET News
E-currency site Flooz goes offline
By CNET News.com Staff
August 9, 2001, 12:55 p.m. PT
With Flooz.com's Web site on hold since Wednesday, e-tailers across the Web have stopped accepting the online currency for payment and have left customers wondering if they are holding worthless paper.
The online payment service closed access to account information Wednesday and asked at least one e-tailer to remove links to Flooz as a method of payment.

"We are currently unable to process your transaction," reads a note on the Flooz site. "Check back for further updates. We apologize for this inconvenience."

Flooz Chief Executive Robert Levitan, a co-founder of women's site iVillage, declined to comment Wednesday. On Thursday, Levitan and other company executives were in a meeting and unavailable for comment. A company representative said Flooz planned to release a statement "soon."

Several Flooz investors, including Oak Investment Partners, NextCard and Maveron, did not return calls seeking comment.

The extended shutdown and the lack of communication doesn't look good for Flooz or its customers, said James Van Dyke, an analyst with Jupiter Media Metrix.

"If this isn't a sign that they are dead, it's a sign that they've been killed," Van Dyke said. "If this is a server crash, it's due to something unexpected. I don't see them recovering."
>

It doesn't mean cybermoney is going away any time soon.

Mqurice



To: TobagoJack who wrote (6949)8/11/2001 11:37:05 PM
From: Ilaine  Respond to of 74559
 
>>"I have not talked to anyone at Flooz," said Weiner, who explained that he bought $1,000 worth of Flooz for $800 through a special promotion by American Express last month.<<

OK, guys, repeat after me, nice and loud, "There Ain't No Such Thing As A Free Lunch."



To: TobagoJack who wrote (6949)8/13/2001 1:02:35 AM
From: elmatador  Respond to of 74559
 
"This paper has argued that growing imbalances in the structure of U.S. demand have led to a situation where a recession is more or less unavoidable in the very short term. Looking to the medium-term future, there will have to be a very large change in the stance and structure of fiscal and trade policy if a sustained expansion is to be reestablished. The management of monetary policy via the manipulation of short-term interest rates, however sensitively and skillfully this may be carried out, is totally inadequate as a means of dealing with the serious structural problems that threaten the future prosperity both of the United States and the rest of the world."

levy.org

Jay, we need an abacadabra and rather sooner than later!

Cheers

Elmat



To: TobagoJack who wrote (6949)8/13/2001 9:51:22 AM
From: Ilaine  Respond to of 74559
 
Hi Jay -

Well, Koizumi did go to the memorial, two days early, and, as with Reagan's trip to Bitburg, the memorial has mostly plain military but also some bad guys. Not sure what "enshrined" means - are all 2.5 million people buried there or just remembered? Not that it really matters, once they're dead what difference does it make?

>>Enshrined with Japan's nearly 2.5 million war dead killed in battle since the 19th century are 14 wartime leaders convicted as war criminals by an allied tribunal after Japan's defeat.<<

Unlike Reagan, Koizumi said the right thing:

>>"Towards our Asian neighbours, at one point in the past, we conducted colonialisation and aggressive acts based on a mistaken national policy and caused unmeasurable pain and suffering.

I wish, in light of the history of our country's regrettable history, to take this to heart, express my deepest regret and remorse towards all of the victims of war."<<

japantoday.com

From the Yasukuni website:

>> The worship of ancestors by the people of Japan.

From ancient times the people of Japan believed that the _mitama_ (soul) of the
deceased remained upon the land to be cele- brated by their descendants. It was
believed that the _mitama_ of the deceased would watch over the good fortune
of their descendants together with the ancestral Kami.

The ancestral Kami were celebrated upon this land for celebra-tion by their descendants would
bring the greatest joy to the _mitama_ of these Kami who protected the livelihood and
prosperity of their descendants. It is said that this belief has been transmitted to us from antiquity
and it will continue to be conveyed unchanged to future generations.

Kunio Yanagita in his _Senzo no Hanashi_ (Talks on Ancestors) published in 1946 writes:
"One point that I hoped to emphasize in this book was the view about life after death of the
Japanese people. After death the soul remains eternally upon this land. It is believed that the
soul does not travel to a distant land. This faith has endured strongly. It was continuously
practiced from the beginning of time until the present day." About this nearby place where the
_mitama_ remain, Yanagita continues: "The place to which souls travel to after the death of the
body is more peaceful and pure far from the hustle and bustle of this world. Yet it must certainly
a place where the souls can see us." In other words, deep in the hearts of the Japanese people
is the faith that the _mitama_ dwell in a quiet and lofty land in the place of one's birth from
where they watch over us. It is a land from where they will respond if called upon.

Yasukuni Jinja was founded upon this belief from ancient times. The Annual Spring Grand
Festival has been held continuously since the establishment of the Jinja together with many other
festivi-ties. This is why the people of Japan offer their sincere prayers to the _mitama_ of those
who gave their lives for the country.<<

yasukuni.or.jp

Not sure what the big deal is about the visit. At some point in time the past becomes history.