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To: Ilaine who wrote (38553)9/21/2003 1:04:40 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
Hi CB (and Jay and everybody interested): here's a URL to FAZ weekly in English

faz.com

FAZ, as the name says (Frankfurther Algemeine Zeitung), is located in Frankfurt and CDU, right-oriented. 2nd in size to #1 - Süddeutsche Zeitung (SZ), which I read daily (a hometown paper, when in Bavaria do as Bavarians do). SZ is left and south (of course towards Bavaria) of FAZ.

Snippets:
"Ozapf is!" Christian Ude, the mayor of Munich, needed 3 strokes to open the first beer barrel, at the start ceremony of Oktober fest 2003 yesterday 12:00 sharp - That's half a stroke off his record in 1998 (2 bangs and a tap).

And today Steuber, Minister president of Free State of Bavaria, and his CSU are getting reelected in local elections with a 2/3 majority. Am contemplating getting myself a rosary and lederhosen...

RegZ

dj



To: Ilaine who wrote (38553)9/21/2003 8:30:59 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello CB, I had the impression, however vaguely, that BMW had exited Rover but retained Mini Cooper, but I was too lazy to google for the new ownership scheme. There are so few acquisition-capable car companies left in the world, and of the ones remaining, many make money from financial engineering as opposed to automotive mechanics.

The French, German, UK, US drama is interesting. I think there may be a series of misunderstandings somewhere, and I figure the misunderstandings will be straightened out by the coming elections in each country when their electorates state clearly what the chosen politicians are mandated to do.

<<… not ticked off at the Germans, just the French. Attitude, I suppose. The French have it, the Germans don't>>

I think it really is as simple as all that, but it is good that the world has both types.

<<The American economy hasn't really sputtered yet. Amazing, that. I kind of wish it would as I've started hankering to handle more bankruptcies. I like the lack of stress entailed in bankruptcies, for me, anyway.>>

… what has happened to you?! You are using words like ‘yet’ and exhibiting traits to deal happily in an otherwise dire situation?

<<We managed to refinance (did I already tell ya'll this?) at 5.25%, two weeks too late for 5 1/8, which was offered, but my husband dilly-dallied hoping for 5.>>

… Yes, I do remember, and recall that I commented at the time something to the effect of ‘take the money and run while the running is good’.

I had come to believe that Greensputin and BurnAndKaput can hold the show together, in cooperation with other central banks, for much longer than I previously thought possible, and have been ‘playing the market’ and even tag-along with some of Pezz’s trades to pass the time. So far so good.

I was conversing by phone with an LA based funds manager (he has a multitude of fund managers working for him, using all different styles and exploiting various markets in a bunch of geographies), and he is:

- staying clear of USD space
- is in Euro by default, believing all cash is trashed
- staying far from equities
- staying away from bonds
- dabbling warily in Japan for the first time in a long time
- owning Carolina Group (cigarettes) with trepidation
- buying Shanghai real estate
- not believing in China equities
- not considering physical gold as an asset class for serious amounts of money
- figuring Newmont Mining is too small and too expensive

Sensing that he has ran out of ideas to lose money, I pointed him to Canadian energy royalty trusts and very large crude carrier operations.

Chugs, Jay



To: Ilaine who wrote (38553)9/28/2003 9:51:27 PM
From: TobagoJack  Read Replies (3) | Respond to of 74559
 
Hello CB, << for some strange reason we in the US are not ticked off at the Germans, just the French. Attitude, I suppose. The French have it, the Germans don't>>

... maybe yes, but perhaps not altogether, as it could simply be a man-woman thing :0)

iht.com
Copyright © 2003 The International Herald Tribune | www.iht.com

News Analysis: Meet Mr. Germany and Ms. France
Nina Bernstein/NYT NYT
Monday, September 29, 2003



NEW YORK It was on display again last week, that old double standard. On camera, Germany's chancellor got a muscular handshake from America's president and a meeting that let bygones be bygones. France's president got the official cold shoulder and columnists' heated denunciations.

Yet France and Germany had taken the same position on the Bush administration's policies in Iraq. Both were offering to help train Iraqi security forces, but not to send soldiers. Both argued that only accelerated Iraqi sovereignty and a larger UN role could secure peace.

Apparently, it sounded different in French. Somehow, to American ears, it always does. At this point in strained trans-Atlantic relations, an obvious explanation comes to mind: In the American imagination, France is a woman, and Germany is just another guy.

The French themselves depict La Belle France as a bare-breasted "Marianne" on the barricades. They export high fashion, cosmetics, fine food - delicacies traditionally linked to a woman's pleasure. And French has always been Hollywood's language of love.

Germany, meanwhile, is the Fatherland, its spike helmets retooled into the sleek insignia of cars like the Mercedes and the BMW. It also exports heavy machinery and strong beer - products associated with manliness. Notwithstanding Goethe, Schiller and Franka Potente, German is Hollywood's language of war, barked to the beat of combat boots in half a century of movies.

Such images simply overpower facts that do not fit the picture - like decades of German pacifism and French militarism since World War II. So what if France was fighting in Vietnam, Algeria and elsewhere in Africa and deploying a force of 36,000 troops around the world, while Germans held peace vigils and invented Berlin's Love Parade. For Americans, it seems, World War II permanently inoculated Germans against "the wimp factor" and branded the French indelibly as sissies.

Sure, both countries were dubbed members of the "Axis of Weasel" by the New York Post and scathingly dismissed as Old Europe for opposing the war in Iraq. But no one poured schnapps down the toilet, renamed sauerkraut or made jokes on prime-time television denigrating German manhood. Only France can evoke that kind of sophomoric frenzy.

"It's in the way we view both countries," said Irwin Wall, a historian of French-American relations. "We view Germany as producing iron and steel, and we view France as producing perfume and haute couture. You'll never get America out of this stereotype that France is a feminine country."

When Secretary of State Colin Powell refers to America and France as having been in marriage counseling for 225 years, Wall added, "you know darn well he means we're the male partner."

American officials have long used sexist stereotyping as diplomatic strategy. Franklin D. Roosevelt once declared that Charles de Gaulle knew no more about economics "than a woman knows about a carburetor." In 1953, Life magazine likened the French government to "a big can-can chorus" and France itself to a showgirl slipping a billion-dollar bill's worth of American aid into her stocking.

Frank Costigliola, a historian at the University of Connecticut, gives many such examples in his book "France and the United States: The Cold Alliance Since World War II." He contends that assigning France negative "feminine" traits has always served to delegitimize French points of view.

"Associated with France as a woman is France as hysterical, or France as crazy," he said. "It really is a knee-jerk reaction."

Robert Paxton, an emeritus professor of history at Columbia University, agreed. "It's an American stereotype and an American strategy," he said. "There are elements in our culture that the Bush people can play on in stereotyping France as feminine."

The paradox, added Paxton, the author of "Vichy France," is that the French hold a mirror stereotype about America. "They believe the American male has been completely emasculated, and American women rule the roost," he said.

To the film critic Molly Haskell, it seems that France has been cast as the femme fatale, "the seductress who's leading all Europe away from us."

"It's this insidious evil woman," she continued, "and the others are probably good guys who are just being led astray." What does not fit that script is forgotten - like Chancellor Gerhard Schröder's pre-election promise that Germany would not take part in a war against Saddam Hussein even if the United Nations authorized it. Or the fact that in his youth, President Jacques Chirac of France made banana splits at Howard Johnson's in the United States before serving as a French Army officer.

"The Germans are getting away with it because we are so eager to tar and feather France," said Ann Douglas, a cultural historian at Columbia University and the author of "The Feminization of American Culture." "The constant need to denigrate France - and feminization has always been the way to go - is because France has always maintained a separate voice."

A female France is a made-to-order enemy for the Texan in the White House, Douglas contended. With a sagging American economy, and the fear of appearing weak that often underlies aggressive masculinity, she said, French-bashing has new political appeal.

But under Bill Clinton, reflexive animosity also flowed between Washington and Paris, recalled Charles Kupchan, who was a security adviser on Europe in the Clinton years. "When the French sent dispatches about operations in Kosovo, people would just throw them away," he said. "The attitude was, if it's from France, it must be to undermine American power."

Still, said Kupchan, now a professor of international affairs at Georgetown University: "Deep down inside, Americans feel deeper affinity for France than Germany. If France is female, there's also an attraction, a lure, a romance."

The New York Times


Chugs, Jay