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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (10044)12/6/2002 10:41:56 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
ONeill resignation signals extreme ExchStabFund distress
he probably can see what is coming with USDollar decline
and doesnt want to be sitting as TrezSecy during the mess

poor hapless ONeill has been one of the dumbest sounding officials serving as a goony cheerleader for the USEconomy
he has done stupid things, visavis Brazil
he has made inane comments about the health of the economy and the stock market
nothing he has said has proved correct or true
maybe he was tired of acting like a Admin Whore

just like resignations at JPMorgan and Chase and GoldmanSux signaled gold distress

Fed's Bernanke painted a broad picture of upcoming monetization
ONeill might have been outvoted and made to feel insignficant
a private institution in the Federal Reserve has far more power and authority than the Dept of Treasury
makes no sense in a freemarket democracy

BUT THEN AGAIN, WE DONT HAVE A FREEMARKET DEMOCRACY
we have a Wealthy Elite Fiefdom, offering socialist placating policies
and all the cheap alcohol you can drink
and all the subsidized cheap food you can eat

2003-2004 will be the years of USDollar crisis

/ jim