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To: Paul Fiondella who wrote (20827)	3/8/1998 8:00:00 AM
From: Frederick Smart	Read Replies (1) \| Respond to of 42771

Asia on My Mind.... >>(Off Topic) Asia --- For those of you who still believe it went away Today it was announced that the IMF has postponed doling out the $3 billion it was due to give Indonesia this month until at least April. Push has now come to shove. Suharto must show compliance or he isn't getting the money. Meantime Indonesian foriegn currency reserves are shrinking.>> Come on Paul. Whether you, I or anyone can trust him is an entirely different question, but Suharto is getting some great advice about a plan to set up a currency board in his nation. Question I have: why is Bill Clinton himself calling him at all hours in an attempt to strongarm him into accepting the IMF's bill of goods? This is not typically a job for a man of Clinton's ilk. Sure, Rubin is right there beside him, but the picture sure looks fishy to me. Paul, I think we are going to begin to read about a who series of new disclosures on the truth behind this "Asian" problem. Over the past 2-3 weeks, the WSJ and other magazines and papers have begun to dig ever so much deeper on the connections between the Clinton Presidency and key Asian business and political leaders. Going into '96 and '97 the business leaders in Asia knew they had a problem with their loans. Where was Bill spending an inordinate amount of his time? He set up the meeting with Huang in Sept of '96 and the Asian money machine got rolling immediately thereafter. You are an Asian watcher. I'm really surprised you haven't commented about the strange look to this picture. Bill Clinton road to re-election on the Asian money train - paying for ads, TV time, etc. Even though he had to give the money back, he has a debt to pay in some way. So reading about him up at all hours trying to strongarm Suharto into accepting is really quite intriquing to me. The IMF package is baloney. Suharto should move to set up a currency board NOW! Why should this matter to Bill Clinton? Because he has hundreds of contributors with money is at stake who are expecting the IMF money to bail them out. Sure, they'd gladly accept giving over control to of the economy to the IMF - for it's really in the hands of their friend Bill Clinton. Suharto sees this and may just want to take the high road for once. Thoughts...?