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


To: Ahda who wrote (18384)5/24/2003 4:00:58 PM
From: sea_urchin  Read Replies (1) | Respond to of 81972
 
Darleen > You have a new bubble then

Yes, but that's all there is. There's no longer any "growth" the way it was, with companies ploughing back profits in order to generate new business and thus expand.

Today, it's money chasing bullsh1t. Someone comes out with a fancy story and billions of dollars of "risk" capital are suddenly available. Then the hedge funds jump in and in one week an unknown share, which originally cost $1, is suddenly worth $50. Then it becomes an IPO and the public jump in and it's now worth $100. Then the management "pull the plug" and bail out --- and in another week the share is worth 20c. A week later, the directors are arrested and a week later they are released because of insufficient evidence. Six months later, a "conspiracy" story links them to funds which have been passed "under the table" to GWB. Of course, no-one believes the story. The SEC promises to clean up the sleaze and everyone cheers. Next week the accountants are arrested and sentenced to life imprisonment --- with hard labor --- as a deterrent to others who do not do a "proper" audit.



To: Ahda who wrote (18384)5/24/2003 4:37:16 PM
From: sea_urchin  Read Replies (1) | Respond to of 81972
 
Darleen > My gut feel is that the hope is the US dollar will start to stay home and do its work here.

Well, it sure did a good job in Iraq but it didn't have much chance to benefit the war industries back home in the US because the war was over so quickly.

informationclearinghouse.info

>>>Senior Iraqi officers who commanded troops crucial to the defence of key Iraqi cities were bribed not to fight by American special forces, the US general in charge of the war has confirmed.

Well before hostilities started, special forces troops and intelligence agents paid sums of money to a number of Iraqi officers, whose support was deemed important to a swift, low-casualty victory.

General Tommy Franks, the US army commander for the war, said these Iraqi officers had acknowledged their loyalties were no longer with the Iraqi leader, Saddam Hussein, but with their American paymasters. As a result, many officers chose not to defend their positions as American and British forces pushed north from Kuwait.<<<

Maybe next time, in Iran, things will be different. If a war there could last for a few years that will be of considerable benefit to US industries.

guardian.co.uk

>>>The Pentagon has proposed a policy of regime change in Iran, after reports that al-Qaida leaders are coordinating terrorist attacks from Iran.<<<