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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: goldworldnet who wrote (285493)	8/9/2002 7:57:02 PM
From: Karen Lawrence	Respond to of 769667

I only finished one third of that book. So I'm not - geeze I'm so not whatever it is, i don't even know the word for it. lolol

To: goldworldnet who wrote (285493)	8/9/2002 9:33:17 PM
From: Karen Lawrence	Respond to of 769667

See what I found posted by Crusader4Truth: From: CRUSADER4TRUTH Friday, Aug 9, 2002 5:50 PM View Replies (3) \| Respond to of 186962 Total "Spin City Smoke & Mirrors". Major Operation was in place to Squeeze Equity Shorts and to Rally Securities market in order to SAVE major derivative dealers facing potential credit worthiness DOWNGRADES. by James Sinclair When the IMF so distorts the truth as to actually LIE about a $30,000,000,000 international loan, how can you publicly condemn corporate crooked bookkeeping and not the IMF as well? The IMF did not lend to Brazil $30 billion US Dollars as advertised to markets. The funds that are to be forwarded to Brazil, in 2002 & 2003 are referred to as "Museum Funds" in the international lending circles. These funds gain this title because under the terms of the loan Brazil cannot use the funds for any purpose other than as non-fungible deposit to simply count as a reserve. These funds are not exchangeable for anything. That means that Brazil cannot touch the $6 billion they will receive in 2002, or the $24 billion they will receive in 2003. This is what might be called in a police sting operation "Show Money". Yet the media headlines and the announcement by the IMF would have the equities, dollar and gold market believe that they had just laid on Brazil $30 Billions dollars which could be applied in anyway Brazil wants, most especially the demands of their short term debt so threatening to all of South America's half dead economies and half dead US money center banks appearing to be alive. A collapse of South America would severely injure major US money center banks like JPM already being rocked by other non functioning loans and quietly by totally insane, immense, irrational derivative positions. As the equity market wilted the Federal Reserve pumped out liquidity in terms of monetary aggregates at record rates. This grease on the wheels of the market was falling flat on its face. The powers that be, seeing this, knowing a derivative disaster is nearing and seeing the dollar at a threatening level to US treasuries moved to squeeze the shorts. The combination of the use of options and futures on equity indices and certain over shorted Dow Jones component stocks, and the reported trump card Spin City Brazil Loan, these "powers" accomplished a stampede of the short sellers thereby creating a 675-point rally. Will the general equities market see through this charade? Maybe, but I can assure you that it is my opinion that gold already has. The dollar will soon and thereafter the equities, except those that are totally bombed out and oversold (like some techs), will too.