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To: Ironyman who wrote (3491)2/27/2003 7:17:00 PM
From: Sam  Respond to of 5423
 
I have been reading about how the US has been holding firm on Iraq sanctions while the French and Germans have been slipping in and selling Iraq everthing and anything they can.Even the Ruskies have huge contracts that could be lost with a US takeover of that area , With that I say go kick ass George and clean those back stabbers out of there
sam



To: Ironyman who wrote (3491)2/27/2003 11:38:57 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 5423
 
you will be right until the dollar comes down more

you seem to assume the Fed can maintain control
the dollar decline takes control away gradually
how can it not?

the Fed can control the shortend most easily
in order to control the longend, then must monetize purchases of TENS
but again, a declining dollar will force their hand
nobody seems to think this is possible
I cannot find any reason why the Fed can countermand the market for much longer

/ jim