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To: Hawkmoon who wrote (33886)	5/18/2003 1:42:48 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 74559

HOW DO YOU TEAR APART AN EMPIRE? PART BY PART. Hawkmoon, Re: But bullying the biggest financial community out there, the US financial markets, would be a different trick indeed. This is exactly what was proposed in New York City to loud applause last Tuesday evening: democracynow.org Quoting Arundhati Roy: "Empire is paranoid because it has a soft underbelly. Its “homeland” may be defended by border patrols and nuclear weapons, but its economy is strung out across the globe. Its economic outposts are exposed and vulnerable. Already the Internet is buzzing with elaborate lists of American and British government products and companies that should be boycotted. Apart from the usual targets — Coke, Pepsi, McDonalds — government agencies like USAID, the British DFID, British and American banks, Arthur Andersen, Merrill Lynch, and American Express could find themselves under siege. These lists are being honed and refined by activists across the world. They could become a practical guide that directs the amorphous but growing fury in the world. Suddenly, the “inevitability” of the project of Corporate Globalization is beginning to seem more than a little evitable. It would be naïve to imagine that we can directly confront Empire. Our strategy must be to isolate Empire’s working parts and disable them one by one....." Ms. Roy received a long, standing ovation from over 3,000 eager listeners on Manhattan Island....

To: Hawkmoon who wrote (33886)	5/18/2003 2:27:34 PM
From: smolejv@gmx.net	Respond to of 74559

Hi Hawk: My comment sounded snotty - no intention and no long-term effects I assume. Fact is the whole earth is not too big to fail - because there's no Wizzard of Oz who'd pull the wires and write puts (forget about their efficacy) for us all. Remember, Santa Claus is NOT for real. >>what the ECB wants (a strong Euro)<< the ECB mission is NOT strong-Euro ("mine's-bigger-than-yours") policy. It's price stability, with a slow imperceptible drift lately away from it as the sole aggregate of importance. >>The international banking community can bully nations, like Argentina, because they can<< why bully anybody in the first place?... And they did not bully Argentina, they just helped it to paint itself in the corner first and then dropped it like a wet cat. >>But bullying the biggest financial community out there, the US financial markets<< I can detect NO, absolutely NO illusions or delusions of grandeur, neither on this side of Atlantic nor anywhere else. It's just simple, serious, honest concern over the situation. And we all swear by the power of the markets to prevail eventually. Dont we? RegZ dj PS: KC, does this count as a grub;)?