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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Ms. Baby Boomer who wrote (413135)	6/9/2003 10:23:33 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

Hah! (I'm aware of the 'Plunge Protection Team'... but are you aware of the fact that they recently raised taxes on short selling, in a transparent - and ultimately self-defeating - attempt to force markets higher?) The dollar though, is propped up by the absence of suitable alternate investable currencies (the Yen's interest rates don't provide much of a lure... even when compared to our low rates), and the many Asian currencies which are pegged to the dollar (China, Taiwan, Malaysia, HK, etc.) And, our trade deficits are not with the Euro zone, but with Asia. Once the WTO requires China to break their peg... there will be a SERIOUS revaluation of currencies.