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


To: sea_urchin who wrote (22721)3/21/2005 12:48:35 PM
From: philv  Read Replies (2) | Respond to of 81068
 
The amazing US dollar is showing explosive strength today, helped on two fronts.

First the certainty of another interest rate hike, and the breathless eager speculation of the accompanying Greenspeak. Secondly, European leaders have let themselves off the Maastricht hook, and are now much freer to emulate Greenspan's borrow and spend policies much to the displeasure of the ECB and Central Bank Chiefs. And goldbugs are again crushed. The howls of frustration and anger from the gold gurus such as Sinclair, Embry, etc. together with their predictions of even higher prices in the near future are easily predictable.

tinyurl.com

It costs less US dollars now to buy gold and commodities, and it sure looks like this will be the trend as the FED keeps hiking interest rates. Fundamentals, as noted ad nauseam on this board just don't matter. Fundamentals such as debt, deficit and trade imbalances seem totally irrelevant. As I write, the Nasdaq has turned green and the DOW is headed up. What a system! The US has maneuvered itself into a sweet spot where it can do whatever it wants, fiscally, politically and militarily without consequence!

The E.U. decision to re-write its fiscal obligations under the Maastricht treaty will be rewarded by a lower currency. The race to the bottom continues. Today the goldbugs are losers, while the great masses of unwashed mutely stand by, ignorant of their growing indebtedness thanks to government policies.

tinyurl.com



To: sea_urchin who wrote (22721)3/22/2005 4:46:35 AM
From: GUSTAVE JAEGER  Read Replies (1) | Respond to of 81068
 
Re: How many dastardly acts can the US of I perform in order to incriminate the Muslims, or whoever?

As many as they see fit, I'm afraid.... The bombing of the AZF chemical plant in Toulouse (France, about 40 fatalities); the killing of eleven French naval engineers in Karachi (Pakistan), the bombing of the Flash airliner over Sharm el-Sheikh (120 French casualties), the bombing of the Limburg supertanker off Yemen, the nuclear tsunami off Aceh, the bombing of the British consulate and the HSBC office in Istanbul, following diplomatic talks in Tehran between Joschka Fisher, Dominique de Villepin, British Foreign Minister Jack Straw and their Iranian counterpart, etc. etc.

Re: I'm sure most were not convinced, as the Americans were, that 9/11 was a terrorist act committed by Islamic jihadists. Likewise 3/11 in Madrid. And I don't believe they will be easy to convince the next time either.

But tell me, why do EU or US elites have to "convince" public opinion in the first place??!?! A majority of people in Britain, Spain and Italy opposed the war in Iraq and their country's participation to it yet were not heeded by Blair, Aznar and Berlusconi... Let's not forget Orwell's jibe:

All the beliefs, habits, tastes, emotions, mental attitudes that characterize our time are really designed to sustain the mystique of the Technocracy and prevent the true nature of present-day society from being perceived. Physical rebellion, or any preliminary move towards rebellion, is at present not possible. From the proletarians nothing is to be feared. Left to themselves, they will continue from generation to generation and from century to century, working, breeding, and dying, not only without any impulse to rebel, but without the power of grasping that the world could be other than it is. They could only become dangerous if the advance of industrial technique made it necessary to educate them more highly; but, since military and commercial rivalry are no longer important, the level of popular education is actually declining. What opinions the masses hold, or do not hold, is looked on as a matter of indifference. They can be granted intellectual liberty because they have no intellect. In a Technocracy member, on the other hand, not even the smallest deviation of opinion on the most unimportant subject can be tolerated.

Subject 33609