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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (17989)4/14/2003 5:46:40 PM
From: sea_urchin  Read Replies (2) | Respond to of 81431
 
Darleen > if i go for a walk it will be hard to tell whose drops are whose.

You beat me, unless you are planning to do a certain act with more than one person along the way!

> My area has been one of the hardest hit in mass lay of employment

I'm sorry to hear that.

> I cant for the life of me understand how citi bank and fannie mae are reason for the market to jump up.

I have CNBC on the TV next to me and I saw something about that but, since I don't listen to the blah, I can't tell you any more.

As you know, the media manufactures reasons for whatever happens in the market, and even for what doesn't happen. Mr Joe Public always has to encouraged to invest more and more --- and more --- even with money he doesn't have.

In addition, the market has been manipulated into being a sentiment meter for how the public feels about the US adventures in the MidEast. Every time the US makes an aggressive statement or move, as the one about Syria today, the market goes up. That clearly indicates "public approval" for the continuation of the war. So, on this basis, don't be surprised to see the Dow going up a few thousand points --- even though there's increasing unemployment, falling profits, massive debt, increasing foreign debt, etc etc. What we are seeing, in fact, is a kind of cynical Pavlovian experiment --- when someone is about to be killed, the dog wags his tail. When someone gets killed, the dog barks.

PS. Thanks for the website. Interesting maps, but all history now that they are in the process of drawing a completely new one for the whole area.