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

To: SliderOnTheBlack who wrote (20668)	10/25/2002 6:06:07 PM
From: isopatch	Respond to of 36161

Commedy Channel award for the Week<g> <FED'S MCDONOUGH URGES INVESTOR PATIENCE WITH BRAZIL OVER NEXT FEW WEEKS NEW YORK, Oct 25, 2002 (ODJ Select via COMTEX) -- (Dow Jones)-- U.S. investors shouldn't turn their backs on Brazil if, as polls suggest, Luiz Inacio Lula da Silva becomes its next president, said New York Federal Reserve President William McDonough. It would be "silly" for investors to pull capital from Brazil if its people "choose a leader who is committed to social justice," McDonough said. McDonough, a voting member of the Federal Open Market Committee, was speaking at a meeting of the New America Alliance. "People in Brazil are showing confidence" by maintaining their investments and bank deposits, and so should international investors, he said. It would be "stupid" to reduce exposure, he added. "Responsible people in responsible positions should take that position.">> ========================================================= And, from a U.S FED Gov!! <ROFLMAO> With a stand up routine like that, this guy could make a fortune in Vegas. O.K., now the politically correct definition of <Social Justice>: Borrow tons of Gringo Clown Bucks and........NEVER pay it back!! FED definitely oiling up the cat, for Son of Argentina. Iso