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


To: sea_urchin who wrote (22490)3/2/2005 9:24:29 PM
From: philv  Read Replies (2) | Respond to of 81137
 
"Speaking to the Jewish Council for Public Affairs, Clinton branded Syria and Iran bad neighbors bent on upsetting the fragile balance in the region."

That statement more or less confirms Clinton's Presidential ambitions in my mind. Twiddle dee, twiddle dum. No question who is calling the shots. No question who is in control.

Is there any doubt what the fate of Iran's nuclear power plant will be? And if I were Assad, I would be afraid. Very afraid. The only question is will he capitulate completely like Quadaffi, or will he risk everything like Hussein? But then, of course, Hussein didn't have a chance because the US refused to believe his denials visa vie WMDs anyway. And Assad could well be in the exact same position today.



To: sea_urchin who wrote (22490)3/3/2005 3:27:13 PM
From: sea_urchin  Respond to of 81137
 
> As I keep telling you -- get your mind right -- deficits in the US economy don't matter, no matter how big

Ouch! No sooner did I make that utterance than Sir Alan rushed in to refute it.

thestar.com

>>Greenspan sounds U.S. deficit warning

Consequences `could be severe,' Fed chief says

Debt worries clouding outlook for economy

WASHINGTON—U.S. Federal Reserve Board chairman Alan Greenspan issued one of his toughest warnings yet to Congress yesterday about the danger of letting the country's giant budget deficits persist, saying "the consequences for the U.S. economy of doing nothing could be severe." <<

And just in case anyone wondered why he said it now and not before, he gives the reason in the very next paragraph -- he wants to plunder the Social Security savings, or what's left of them.

>>Testifying before the House budget committee, Greenspan endorsed the creation of private retirement accounts within Social Security, saying he favours a "significant personal accounts component." Greenspan said Congress must act to overhaul Social Security "sooner rather than later" because of the impending surge in retirements.

"I fear that we may have already committed more physical resources to the baby-boom generation in its retirement years than our economy has the capacity to deliver," Greenspan said.

"If existing promises need to be changed, those changes should be made sooner rather than later," Greenspan said. <<

And lest anyone should think that this was a reason to sell the USD, Treasuries or otherwise have doubts about the US economy....

>>Greenspan, when asked what would happen to the economy if foreign banks begin selling U.S. Treasury bonds in large volumes, said he didn't expect it would cause a surge in interest rates.

"Our general conclusion at this stage is we do not perceive that it is a really significant problem for our domestic economy," he said. <<

No flies on Sir Alan -- what he takes with one hand he steals with the other!



To: sea_urchin who wrote (22490)3/6/2005 9:03:58 PM
From: sea_urchin  Respond to of 81137
 
Oy vey! No more money for Al Qaeda.

www3.cjad.com

>> Police arrested 22 employees of Israel's largest commercial bank Sunday for allegedly laundering hundreds of millions of dollars in one of the biggest such scams in the country's history, officials said.

The arrests follow a yearlong undercover investigation involving about 80 bank accounts and 170 customers at Bank Hapoalim, police spokesman Gil Kleiman said. Many countries were involved, he said, but would name only France as one of those that co-operated.

Investigators suspect employees of a Tel Aviv branch of Bank Hapoalim failed to report money transfers, as required by Israel's law against money laundering.

Amichai Shai, the chief police investigator, said the case "both in the amount of money and the scope" was one of the largest in Israel's history. <<