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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (21158)8/13/2007 7:23:04 AM
From: Condor  Respond to of 219531
 
...ban off/

ROFL

...you're hopelessly addicted..

:o)



To: Maurice Winn who wrote (21158)8/13/2007 11:59:00 AM
From: Slagle  Read Replies (1) | Respond to of 219531
 
Maurice,
Good to hear from you. <grin>

"Its not from the poor to the rich."

We here in the US now have some special factors evolving that bear upon your assertion. What you say is generally true but lets wait and see if it remains that way.

For long stretches of human history your assertion would not be true as you then had a permanent nobility of some sort who retained their position generation after generation, regardless of the decadence and shiftlessness of the offspring.

Globalism has provided the beginnings of a return to these circumstances. Now you have transnational families as well as corporations and these families are shielded in the same way as the corporations from the ravages of taxation and even inflation. Intelligence is not the main stock in trade of these elites, but inside information of various types. We are in new territory with all this. And you might be surprised how many offspring some of these people now have. And if you will look a little closer you will see that all their "save the planet" do-gooderism is just a sham for the public consumption.

Our dear president is a bit of an example of what I am talking about. Here you have a guy who never "hit a lick at a snake" till he was forty years old, and all those years barely drew a sober breath. And every "success" he has had since then, including his current job was a "gift".

I don't know about your country, but really, we have never had such a person as president.
Slagle



To: Maurice Winn who wrote (21158)8/14/2007 10:05:21 AM
From: elmatador  Respond to of 219531
 
German Bank Hires Greenspan as Adviser. ECB doing that (below) they need AG!

German Bank Hires Greenspan as Adviser


By BLOOMBERG NEWS
Published: August 14, 2007
Alan Greenspan, the former Federal Reserve chairman, has been hired to advise the securities unit of Deutsche Bank, Germany’s biggest bank.

Mr. Greenspan, 81, will provide “advice and insight” to the company’s corporate and investment banking unit and its clients, Deutsche Bank, based in Frankfurt, said yesterday. Deutsche Bank’s securities unit is Europe’s largest by revenue.

Mr. Greenspan, who retired from the Fed in January 2006 after 18 years as chairman, already is a consultant to the Pacific Investment Management Company unit of Allianz, owner of the world’s biggest bond fund. He said he had signed with Deutsche Bank in part because he enjoyed working with the unit’s chief United States economist, Peter Hooper, a former deputy director of international finance at the Fed.

“The choices got down to whom I knew and had been dealing with over the years,” Mr. Greenspan said in a telephone interview. “That actually is a critical factor in determining what kind of relationship you’ll have.”

Mr. Greenspan said he would advise one client in a given industry to avoid conflicts of interest, taking on as many as 12 in total.

Mr. Greenspan, who guided the United States economy through its longest expansion, has been giving paid lectures and writing a book, to be released in September.

Deutsche Bank, the second-biggest trader on Wall Street after Goldman Sachs, also counts John W. Snow, the former Treasury secretary, and former Senator George J. Mitchell among its advisers as it tries to narrow the gap with its competitors in the United States.