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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (11295)4/4/2004 10:38:25 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
do you know what official + unofficial Saudi holdings of US assets are? in his book "Sleeping with the Devil", Baer claims that they have something like $1 trillion in the US banking system, but this number seems dubiously high and he offered no sources. but there may be something to his intimation of a quid pro quo whereby certain Saudi assets were housed here in exchange for political access. and perhaps naturally given the proper gentleman's grace period to get out of Dodge, just like the bin Ladens who fled the US after 9/11.



To: russwinter who wrote (11295)4/4/2004 10:41:39 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
In successful lawsuits, the government would be
eligible for damages for the suffering of U.S.
consumers.


i guess in practical terms that means the US gets to invade whomever it likes, whenever it likes? what a pathetic tactic coming from the country that gives tax breaks for 6000-pound SUVs and uses more than 25% of the world's crude production. no wonder the US is the most hated nation in the world. the combination of Greenspan's monetary policy with Shrub's fiscal and geopolitical policies seems like the perfect storm to reduce US status in the world on all fronts.

"Our NOPEC legislation will, for the first time,
enable U.S. authorities to combat the price-fixing
conspiracy of the oil cartel..." said Sen. Herb Kohl


"combat" indeed... give that man a lollipop for being honest.



To: russwinter who wrote (11295)4/4/2004 2:49:36 PM
From: ild  Read Replies (1) | Respond to of 110194
 
WASHINGTON (CNN) -- The Senate Judiciary Committee
unanimously approved bipartisan legislation Thursday
to allow the United States government to sue other
countries or cartels for the price fixing of oil.


This is NOT a fresh news, is it? I think it's from 2000.



To: russwinter who wrote (11295)4/5/2004 1:23:43 PM
From: benwood  Respond to of 110194
 
So the litigious US society finally can start suing others in the world for not kowtowing to the right of all Americans to acquire a fully loaded SUV at with a 100%+ loan, a 100%+ mortgage for a 2400+ square foot home with a 3-car garage so that it can be parked properly, and for cheap gas to mitigate the economic consequences of 12 MPG performance.

Next, hopefully we can sue other nations whose athletes win gold medals, forcing yanks to finish 2nd or 3rd, as those countries are engaging in lowering our national pride and self-esteem. Willfully, I might add, so the damages should be trebled.