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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (31549)	6/6/2005 11:44:24 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 116555

I play against Chinese players online all the time, so I think the internet is hard to control. Bush is just waiting for the online cos. to bribe him the way the Native American casinos did. He's using the same threats. He vowed to shut down the NA casinos in Texas and that somehow didn't happen as his campaign chest overflowed. <G>

To: zonder who wrote (31549)	6/6/2005 11:58:19 AM
From: Knighty Tin	Respond to of 116555

Nice bit on Empire Online. globes.co.il I'm not sure if this is EmpirePoker or not. They mention an association with Party, which EmpirePoker has, but it's kind of vague. Sounds more like advertising than running a poker room. And they also have a deal with Cassava. An Israeli businessman controls EmpireOnline and Israelis control Cassava. Empire is coming on June 15. This article says that Party will be the biggest IPO in four years on the LSE. That's big business.

To: zonder who wrote (31549)	6/6/2005 11:58:30 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 116555

Nice bit on Empire Online. globes.co.il I'm not sure if this is EmpirePoker or not. They mention an association with Party, which EmpirePoker has, but it's kind of vague. Sounds more like advertising than running a poker room. And they also have a deal with Cassava. An Israeli businessman controls EmpireOnline and Israelis control Cassava. Empire is coming on June 15. This article says that Party will be the biggest IPO in four years on the LSE. That's big business. manchesteronline.co.uk

To: zonder who wrote (31549)	6/6/2005 12:24:59 PM
From: mishedlo	Respond to of 116555

Trichet says ECB unanimous that rates appropriate, not preparing rate cut Thursday, June 2, 2005 2:20:30 PM afxpress.com FRANKFURT (AFX) - European Central Bank president Jean-Claude Trichet said the ECB governing council was "unanimous" at its meeting today that interest rates remain appropriate "We think that the present rates are appropriate, fully in line with what would be the best for being faithful to our mandate and fostering growth and job creation in Europe," Trichet told the ECB's monthly news conference. [Since when does the ECB have a mandate to foster job creation? I thought their one and only mandate was price stability. What kind of nonsense is this? Mish] He did not explicitly rule out the possibility of a further cut in interest rates, as he did a month ago. But, when pressed, he signalled that the ECB is not preparing for an easing move "If I was preparing for a rate cut, I will tell you something which would permit you to think 'they are preparing a rate cut'. I'm not telling you anything which would be interpreted (as) preparing a rate cut," he said He said both a cut or a hike in leading interest rates would push market interest rates higher. He had previously only highlighted the risk of a rise in market rates from a cut in ECB rates