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

To: philv who wrote (21185)	6/13/2004 2:00:36 PM
From: sea_urchin	Respond to of 81761

Phil > people don't want to hear the truth, and want to believe a fairy tale instead. Hence the attraction of religion, the "opiate of the masses" (Karl Marx). Apropos Goebbels, I like this one the best: >>Goebbels, the Nazi propaganda chief who said that the bigger the lie, the more it assumes the mantle of truth, and that a lie, if repeated enough, will soon be accepted as truth.<< journal.com.ph Makes me think of 9-11. And especially after this famous quotation by H. L. Mencken: >>The men American people admire most extravagantly are the most daring liars; the men they detest most violently are those who try and tell them the truth. << age-of-the-sage.org

To: philv who wrote (21185)	6/14/2004 1:56:04 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81761

Phil > People want to be told lies, so we should lie to them. How's this? A healthy economy is one where one creates "theoretical" jobs, imports far more than one exports and lives beyond one's means. quote.bloomberg.com >>> The U.S. trade deficit unexpectedly widened in April to an all-time high of $48.3 billion as the nation imported a record amount of cars and consumer goods. Retail sales rose in May, the seventh gain in eight months. The higher demand reflected in the trade and retail reports add to evidence of a healthy U.S. economy. The creation of 1.2 million jobs so far this year is boosting incomes and lifting demand for cars, electronic goods and other products made outside the U.S. Imports rose 0.2 percent for the month to $142.3 billion. Exports fell 1.5 percent to $93.9 billion.<< Eat, sleep, drink and be merry because some other sucker is picking up the tab. news.ft.com >>Demand for US government bonds at foreign central banks has for the first time lifted overseas holdings to more than half the paper in circulation. Figures from the Federal Reserve reveal that $1,653bn, or 50.6 per cent of liquid Treasuries, were held by foreign investors at the end of the first quarter. Foreign ownership of the bonds rose by $170bn between January and March, with central banks - mainly in Asia - estimated to account for about $96bn of this.<<