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

To: mcg404 who wrote (18495)	6/3/2003 7:14:47 PM
From: sea_urchin	Read Replies (1) \| Respond to of 82340

John > odd comment for someone describing their broken dreams No, no, eventually I did win. In fact, I've been winning since 1993. And it wasn't just as result of luck either, but a helluva lot of hard work along the way. That's why I'm "free" --- I found a key to the door. Not THE key, but A key. > i (think i) know. money supply up=inflation That's what it's supposed to be. Inflation = normality = more printing = inflation. SNAFU. That's the world we live in. > I'm not sure how much love is out there I assumed the praise for Bush's policies constituted love. One keeps hearing about 60, 70, 80, 90% approval for him in the various "polls". In fact, the Bush Approval Indicator often reminds me of the Business Confidence Indicator which can go well over 100% --- especially when business is bad. > the split among republican-leaning types between the neocons and the 'true' conservatives has been amazing to me To me also. But the neocon take-over is effectively a coup because these guys are absolute fascists --- the Republicans always liked money and small government, and I see nothing wrong with that, but the Bushites are control freaks who have a lust for war and who care F all for what anyone else thinks and will do and say anything to get their way. > Yeah, let's all stipulate that government sucks. But what's the alternative? OK, perhaps there isn't one. Maybe if one doesn't have a dog to kick or a wife to swear at, then the government is a convenient substitute. > I see government as the mechanism by which we try to achieve a balance between the needs of the community and those of the individual. The socialist sentiments are all very well but, today, government in both the US and SA, and in fact most other countries, has become far too "heavy". IMO, people are forced to waste far too much time scheming how to reduce tax or government interference in their lives in one way or another. > We increase the need for oversight of all these interaction (regulation) the more we specialize. No? Which, in turn, means more lawyers, more litigation, and more wasted effort and expense. > But am i correct in guessing that what really bothers you libertarian types (like it bothers me) is a resentment against a cultural hegemony of which you don't wish to be a part? Good point --- it's an existential thing and "dropping-out" is part of it. In the 50s we were "beatniks" and in the 60s, "hippies" --- now we are Libertarians! > the government is simply the mechanism by which this gets forced down your throat? I think the Libertarian attitude to government is more one of contempt for those involved in it, than for any specific policy. Thus we are against the left, the right, the center, the top, the bottom --- and any position as yet unmentioned. The whole bloody lot! Thus, in some ways we resemble, but in other ways we differ from, goldbugs who are opposed only to the tyranny of the left. True Libertarianism is actually an anarchistic philosophy but differs from this because it is non-violent. Here it is similar to Zen Buddhism which considers inaction (= passive resistance) to be the best form of action. Fascism is probably its extreme opposite, hence my profound dislike for the present US regime. > Hmmm, you don't strike me as lazy...i'm betting you really meant to say you don't like being a participant in the wage slavery model. Or is that just me projecting my beliefs on you? OK, so you called my bluff. > Rumsfelt? Hey, what is this man's name. Looks like a Freudian error! Lucky I didn't write Bumsfelt! Anyway, I'm sure, in another life, he would have been Baron von Rumsveld. In fact, there was a German General involved at Stalingrad (von Rumstedt) with a very similar name. > Is it too early to begin to think that this insanity is burning itself out very quickly? I don't know. IMO, Israel is the "trigger" (pun intended) factor in this lunacy syndrome and while the MidEast situation remains unsettled I think the madness will continue and may even get worse.

To: mcg404 who wrote (18495)	6/4/2003 1:21:02 AM
From: Jamey	Read Replies (2) \| Respond to of 82340

DOLLAR DUMPED BY GOLD DIGGERS By PAUL THARP nypost.com -------------------------------------------------------------------------------- May 29, 2003 -- A touch of gold fever is sweeping the world, and could worsen into a deadly allergy to the dollar. Some investors think gold is ready to hit $400 an ounce - and keep soaring - for the first time in seven years, because there aren't enough safe currencies, bonds or stocks to handle the world's trillions in cash hordes. The sinking dollar has prompted Asia's central banks to call a session next month on whether to unload their dollar holdings, which account for about 90 percent of the world's dollar reserves. Gold has jumped 15 percent in recent weeks, but softened here yesterday to $365.20, down $2.60. The dollar, after hitting a new low of $1.1932 against the euro earlier this week, strengthened to $1.1772 - but is still off 21 percent in the past year. Currency speculators increasingly are using gold to hedge their gambles with the dollar, euro and yen. Some investors believe that if U.S. Treasury bonds get dumped by more foreign investors, gold could skyrocket. Hope this don't make the dollar lovers moody. James