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

To: sea_urchin who wrote (19433)	10/23/2003 7:01:23 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81956

Welcome to South Africa .............. newsmax.com >>>"Black people are not treated as humans, but as things by the U.S. government," he said in an interview at the Northern Neck Regional Jail. "We were used as resources to enrich this country, and we get no inheritance from the wealth we brought." According to the Internal Revenue Service, more than 80,000 tax returns were filed in 2001 seeking nonexistent slavery tax credits, totaling $2.7 billion. More than $30 million was mistakenly paid out in slave reparations in 2000 and part of 2001.<<< If the Iraqis can get $87 bn one can hardly blame the locals for believing they are entitled to $2.7 bn. But the amusing part is the $30m that was actually paid out.

To: sea_urchin who wrote (19433)	10/25/2003 6:10:48 AM
From: mcg404	Read Replies (2) \| Respond to of 81956

Searle, re:<Weak USD adds to the attraction of "emerging market"> doug noland's view: Moreover, that “commodity” currencies -- the Australian dollar (up 25%), South African rand (up 24%), Brazil real (up 23%), Canadian dollar (up 20%), and Argentine peso (up 18%) -- are the leading global currencies this year lends especially strong support to my dollar over-liquidity/global reflation thesis...The Overriding issue remains Unrelenting Dollar Liquidity Excesses – an out of control Bubble of dollar financial claim creation. (At the same time, the grossly speculative and inflated U.S. stock market is a liquidity-Bubble accident in the making.) This acute dollar over-liquidity view may be counterintuitive and even controversial, but there is certainly ample supporting evidence. I can point to continued over-liquefied Credit markets. Credit spreads domestically and internationally remain extraordinarily narrow (they’ve collapsed!), and demand for dollar denominated global risk assets (debt instruments) remains unprecedented. Credit availability could seemingly not be easier at home or abroad. The case for abundant dollar liquidity is also supported by surging gold and commodity prices, as well as a dollar that just cannot find its footing. <In my opinion, the whole gold/gold share market is like a house-of-cards, built on make-believe...> As are the alternatives? John