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


To: philv who wrote (22977)4/16/2005 8:12:06 PM
From: sea_urchin  Read Replies (1) | Respond to of 81343
 
Phil > Strangely enough, when I went back to that same URL, the wording was changed and the above reference was deleted. Very strange

I found this URL which seems to agree with your post.

businessweek.com

As someone once said, "google works"

> The United States wants China to stop directly linking the yuan to the dollar. Treasury Secretary John Snow said it was now time to act.

I wonder what they'll do if China doesn't comply?

Just like I wonder what the G7 will do about it if the US doesn't cut deficits or Europe and Japan don't make workplace reforms?

>>...the group warned against complacency and said the major economic powers must act on various fronts: the United States cutting its record budget deficits, Europe and Japan undertaking workplace reforms such as making it easier to hire and fire workers.<<



To: philv who wrote (22977)4/24/2005 5:08:36 PM
From: sea_urchin  Read Replies (1) | Respond to of 81343
 
Phil, I think you will like this one, especially as it's so near to home.

In fact, I would say it's the goldbug's dream nearly come true.

newmediaexplorer.org

>>The complaint was filed Friday April 15, 2005 in the Supreme Court of British Columbia at New Westminster. It alleges that all financial institutions who are in the business of lending money have engaged in a deliberate scheme to defraud the borrowers by lending non-existent money which are illegally created by the financial institutions out of "thin air."

The legal action brings to the fore one of the major economic "drag factors" - the interest charged by banks for money that technically and legally is not theirs to lend, because even governments end up paying interest to banks lending money for public spending, and they in turn charge tax payers. A large part of every country's tax revenue goes first and foremost - before any "internal" spending - to payment of interest, largely because of the basic flaw in our way of creating money by the rich and for the rich. <<