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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (52676)	2/4/2006 10:36:40 PM
From: mishedlo	Read Replies (3) \| Respond to of 110194

Chavez is out of his mind and it's beginning to show. Chavez is no more out of his mind than Bush is. ggg Mish

To: skinowski who wrote (52676)	2/4/2006 11:05:01 PM
From: shades	Respond to of 110194

The last thing the generals want are crowds of armed citizens roaming the streets and the poor neighborhoods, endangering the rule of the law - meaning theirs, the General's law. I agree - the last thing a dictator wants is a bunch of pissed off armed citizens - even if he gets them to kick a few chuck norris asses and send the USA packing - how do you control them from coming after you a few days later? hehe Bush and friends does not like all those armed minute men going down to the mexico border taking the law into thier own hands now does he?

To: skinowski who wrote (52676)	2/5/2006 12:08:23 AM
From: regli	Read Replies (2) \| Respond to of 110194

"If anyone sounds like a war monger, that's el Presidente Chavez." I think you miss one crucial but rather elementary fact. How many wars has Chavez entered into? How many has Bush? It is quite difficult to be a war monger if you haven't been in a war and haven't threatened anybody, isn't it?

To: skinowski who wrote (52676)	2/5/2006 6:44:10 PM
From: redfrecknj	Read Replies (1) \| Respond to of 110194

Not to worry. Our most effective weapon, the Anerican investment banker, is hard at work: "The Financial Times has learned that significant profits deriving from the bond transactions are being accumulated by a few private banks, rather than by the Chávez government." Andy Webb-Vidal reports in the Financial Times: Backed by record oil revenues, Venezuela has bought $1.6bn in Argentine debt during the past year - mostly dollar-denominated Boden bonds maturing in 2012. They were purchased in auctions that were eschewed, in some cases, by big investment banks, such as Citigroup and JPMorgan Chase, because the yields offered were considered too low. Venezuela, which has been the largest buyer of Argentine sovereign debt since the country defaulted on itsforeign debt in 2001, has said it is ready to buy up to $2.4bn worth of Argentine bonds. It has also bought $25m of Ecuadorean debt and finance minister Nelson Merentes recently said he was looking at buying Brazilian and Chinese bonds. Investment banks Morgan Stanley and Deutsche Bank are reportedly advising on the bond transactions. Mr Chávez justifies his virtual "hedge fund" as a benevolent concept that will allow Latin American nations such as Argentina to "liberate' themselves from an international financial system that, he asserts, is manipulated by the US. . . . Venezuela's bond purchases have helped Argentina increase its foreign reserves. President Nestor Kirchner's government last month paid off its outstanding $9.5bn debt to theInternational Monetary Fund, in part thanks tothe cash injection from Mr Chávez. "Whilst the [bond] purchases are good news for the Argentine government, the benefits for Venezuela are less clear," said Vitali Meschoulam, emerging markets strategist at HSBC Securities in New York. The Financial Times has learned that significant profits deriving from the bond transactions are being accumulated by a few private banks, rather than by the Chávez government.