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To: Perspective who wrote (265831)11/4/2003 11:31:55 AM
From: j-at-home  Read Replies (1) | Respond to of 436258
 
<<I believe the ECB recognizes that the inevitable adjustment is long overdue and likely in the not too distant future.>>

thing is it's just so impossible to know when the chit hits the fan man .. it's a shell game looking for the pea and I'm a blind man -ng



To: Perspective who wrote (265831)11/4/2003 11:38:44 AM
From: John  Read Replies (2) | Respond to of 436258
 
Why aren't we hearing about the rest of the Western World decrying our deficit problem?

Ah, that's an easy one. You see, the mass media is comprised of huge corporate entities (e.g. big American businesses). They are owned by wealthy tycoons and magnates who want to make more money and control more people. The citizens they employ have an obligation to make money for their respective bosses/owners if they wish to continue being employed in their chosen career field. Every story they report, every article they publish, and every word they utter is to that end. They must support their company's goal to make money, which means knowingly presenting false news and excluding facts whenever necessary. If someone refuses to comply with company policy, they are shown the door.

Rather, Jennings, Brokaw, et al are puppet clowns. They say what they are told to say from very high above. CNBS is a PR medium for their parent, global power GE. Did you ever count the number of times they refer to GE and friends each day? It's all nice and legal too, as they dole out the giggling, boring disclosures.

This problem isn't unique to the U.S. either. It's global. All of the other petty stuff (political correctness, which political leader is sleeping around, corporate fraud charges, silly a$$ news, et cetera) is all ancillary and often meaningless; "clever" diversions. See? :-)

Hey, you asked! This public service message has been brought to you by me. :-) Heh.

John



To: Perspective who wrote (265831)11/4/2003 4:05:52 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
he's not much brighter than the rest -- still looking at the goal of "price stability" -- I think that's what got us a bubble in the first place ...