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To: goldsnow who wrote (16432)	8/23/1998 1:31:00 PM
From: Gabriela Neri	Read Replies (2) \| Respond to of 116790

If you want a plausible explanation for the non-conspiracy of silence on the part of the 3 most influential economic policy setters(Rubin, Greenspan, and Summers), then read Paul Krugman's article in the latest issue of fortune(September 2, or something). There is a good explanation or presumption for this silence and it doesnt bode well at all for the current situation. As the article states, it is time for Plan B, because Plan A isnt working. Krugman's suggestion is probably the only alternative available and it makes sense. But, even he admits that the choices to deal with this Asian (and spreading) situation is a choice between the lesser of two evils, and the choices all suck. He estimates a five year minimum time frame until potential recovery. WOW!!!

To: goldsnow who wrote (16432)	8/23/1998 3:06:00 PM
From: Bobby Yellin	Read Replies (4) \| Respond to of 116790

first of all "In God I trust"..I am not being facetious.. if we had not had el nino and had a freezing winter..that might have postponed the unraveling.. if Reagan had not tried to bankrupt Russia and had not given all sorts of support to Afganistan..we might not have had the current mess although we still probably would have since Japan's leaders like to hide under carpet it seems.. (I was in an explosion and I know what physical pain and emotional trauma is first hand..thanks to some great US corporations and their product and packaging :> so when bombs or missiles go off..I also relieve the suffering first hand..but I don't think that Clinton told them to strike..he just okayed it.. if the people in the United States had not voted in Clinton for a second term because of their pocket books although they knew that Clinton was suggested to be quite reckless in his personal life..we might have to be dealing with the current political mess but then again we might not have a Rubin,a Cohen, and an Albright who so far seem like incredibly honorable people..who knows what another war victim Dole would have done..he certainly has his scares big time..and might be said to be an overcompensator.. in the scheme of things. .as long as governments are allowed to create fiat money without an anchor..and just care about their own citizen's *vote* won't we continually have the rich and powerful getting richer and the poor get closer to starving as Karen Hoof pointed out one time.. I am not being a hypocrite about Rubin..if you read many of my way too too too too too many posts..I fundamentally didn't agree with his basically not fighting for a hard asset standard wherebye money can no longer be fiat money..(but Rubin probably didn't have the power to push that into being..I don't mention Greenspan..and can't wait for history to give its own evaluation of his policies..or lack of policies..also hopes history puts a footnote about how Greenspan above all other of the world's most powerful and influential people hasn't been more vocal in the past five years about the potential disasters of the year2000...he was a programmer when some many of these bugs were put into place from lack of disc space and from the assumption that the systems would be replaced before year2000.. I hope the Japanese and the Chinese surprise the rest of the world by declaring that they will start pegging their currency to hard assets rather than be at whims of the very wealthy players of the world who don't care about human beings but just their own power and pocketbooks.. ps..just had an intellectual fight with close friend about whether I should have supported america and bought the 5.99 pot made in USA or bought the 1.39 pot made in China..I told her why should I make shareholders and heads of corporations richer when one million USA citizens are added each year to the ranks of not having health insurance..and I added that the pots were all probably made in China and the USA ones were probably assembled in US.. comments? (ps. the book is wonderful!..thanks again) (ps..still a lot of shorts in ABX etc) ps. somebody in the New York times this sunday had the audacity( :>) or the guts to mention gold ...as a possible safe haven.. ps. since I read the article about Clinton way back in New York Times Magazine section about his political aims making other things,such as possibly lives expendable..I am not a Clinton fan!) ps..the I Ching says that a good leader is good follower..these world leaders are not good followers in my estimation..but what do I know..

To: goldsnow who wrote (16432)	8/23/1998 3:19:00 PM
From: Bobby Yellin	Respond to of 116790

another example of great leadership and limited press coverage "240 million Chinese affected by Yangtze flooding" cnn.com mother nature always wins..mess around with the environment and get paid back big time! go leader go ! (possibly a metaphor grandscale for if the governments mess around with currencies..big tidal waves to follow..just a question of time.. time is probably now..can't wait to see what happens to US bankstocks with probably huge huge exposure to South America,Mexico and Latin america ps. if you surf for information about flooding..you will find articles written last year and the year before stating that the Chinese leadership's deforestation policy was an accident waiting to happen ps cnn.com but you probably already saw that one ..