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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: ldo79 who wrote (5654)12/20/2001 2:42:04 PM
From: Davy Crockett  Respond to of 36161
 
Scary isn't it. Censorship alive & well in the Western Free world.

Another note a lot of chit is happening in Argentina. Things are very fluid & changing minute by minute biz.yahoo.com

BUENOS AIRES, Argentina, Dec 20 (Reuters) - Shell-shocked Argentines lined up at banks to withdraw savings on Thursday fearing financial chaos after deadly riots enveloped the country and the embattled economy minister quit.

Weeping housewives and stunned bond traders alike scrambled to protect themselves from what many now see as an inevitable debt default or currency devaluation, either of which would bankrupt thousands and deepen a brutal four-year recession.

Fearing their life savings could be instantly wiped out or confiscated by the cash-strapped government, many Argentines poured what money they had into anything they could find with real value -- including stocks, real estate, autos and jewelry -- while others stashed dollars under their mattresses.

Widespread panic followed the resignation early on Thursday of unpopular Economy Minister Domingo Cavallo -- whose tough public salary cuts and controls on bank deposits only made the long slump worse -- following the worst civil unrest in a decade.

Hope they had the foresight to buy Gold. The ultimate currency hedge.

Regards,
Peter



To: ldo79 who wrote (5654)12/20/2001 5:42:32 PM
From: isopatch  Respond to of 36161
 
OT/Ido. After what I've seen from our media in recent years

concluded - with more than a little disappointment - that $ for $ we have among the poorest quality media establishments in the industrialized world.

The reporting is shallow. Quality investigative work on critical issues is becoming a lost art. An important reason for that is because of the growth in bias and editorial favoritism toward the DC/WS elite during the past 25 years. This protective bias short circuits any serious examination of their decisions or policies many of which - since the collapse of any kind of ethical campaign financing - result directly from rampant bribery and corruption. And finally, international coverage is extremely poor for the dominant industrial and military power in the world.

Sure, there have always been reasons to criticize the media. But the gradual decline of the past 25 years really
accelerated during the past 10.

JMVVHO fwiw.

Isopatch