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

To: sea_urchin who wrote (22599)	3/11/2005 12:00:33 PM
From: philv	Read Replies (1) \| Respond to of 81071

Fuzzy math is how its done in America today. I just couldn't resist. Get a load of this b.s. "This view is not shared at the Fed. Back in the states Thursday, Alan Greenspan and Ben Bernanke both made an impressive tag team performance - battering worries about the rapidly growing current account deficit. In official, but separate speeches at different locations, the duo blamed the current account deficit on excess savings and low inflation expectations. Bernanke's speech was entitled "The Global Saving Glut and the U.S. Current Account Deficit." The title almost says it all. Other countries are to blame here. The US is just a good place for other countries to invest." The problem is the global saving glut! That's right, the imbalance in global economics is all because of those damn Asians and Europeans, who save too much!! That about says it all. wallstreetexaminer.com Talk about imbalance, here's a nice pictorial view of the US trade deficit which of course is not a concern and all because of excess savings elsewhere, I guess. If those dirty bastards wouldn't save so much, they wouldn't be spending and investing it all in the USA! briefing.com

To: sea_urchin who wrote (22599)	3/11/2005 12:22:40 PM
From: The Wharf	Read Replies (1) \| Respond to of 81071

Searle i wish we did not have to have political parties but free people all whom have graduated from at least grade two as this is about all one needs to honestly add and most assuredly create a system of laws that would work. In that i would also like in fine print do not pass the buck so legislation must be passed in order to make them do what you ain't about to do. How can one create moral obligation so the buck is not passed on to the gov. Every damn bloke around attempts to take advantage of the system and the costs they have managed to create. It is amazing to me that no one stops to think that these cost you pay for. Now you know why my political career has failed so bitterly. I do not believe in adds that advertise buy one get one free either. Yet they sell and no one stops to think doing business that way no one would be in business for long.