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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (136068)	11/28/2001 3:39:10 PM
From: ild	Read Replies (4) \| Respond to of 436258

From ENE Yahoo board: Remember me ? I will commit suicide by: programmer_will_work_for_food (36/M/Boston, MA) 11/28/01 03:03 pm Msg: 75743 of 76388 today. You will hear me on the 6pm news. My name is Michael Dravano I am 54 years old, I have 3 kids and I've lost all my life savings with ENE stock. I've been an ENE employee for 25 years. I am paying for my mistake but I don't want my kids to suffer. I will commit suicide so that they will take my life insurance money. Goodbye Michael messages.yahoo.com

To: patron_anejo_por_favor who wrote (136068)	11/28/2001 4:44:39 PM
From: PerryA	Respond to of 436258

Thanks for the link to Heinz. PerryA

To: patron_anejo_por_favor who wrote (136068)	11/28/2001 5:37:41 PM
From: Don Lloyd	Read Replies (4) \| Respond to of 436258

patron - From hb's post - "...foreigners hold some 2.3 trillion dollars, which is the accumulated foreign debt of America, a result of the ever growing, and by now obscenely large, current account deficit. these dollars are in essence worthless IOUs. how can that be? imagine for a moment what would happen if these dollars were to attempt to return and be exchanged for REAL US resources, which they represent a claim on. it's really quite simple...the debt would be repudiated if that were attempted. it woulbn't be the first time either that the US effectively defaults on the "promise to pay". anyone remember Nixon's closing of the 'gold window'?..." Can you interpret this for me? I haven't found Heinz to be wrong often in the past, but when a dollar is held these days the only promise that I see is that its purchasing power will drop by 95% or so every century. Is it really likely that a repatriation of dollars can compete with the inflation of the money supply and the asset bubbles that the FED is able to accomplish all by its lonesome? Regards, Don