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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (28074)	9/16/1998 5:14:00 PM
From: N	Read Replies (1) \| Respond to of 94695

Folks, here's AG's speech bog.frb.fed.us Nancy

To: yard_man who wrote (28074)	9/16/1998 9:23:00 PM
From: James F. Hopkins	Read Replies (4) \| Respond to of 94695

Tippet; OT..I might would get into it far more than the thread would stand for, if I got started on all that I see wrong. What If I said I agree with Greenspam when he said "the system needs to be examined all the way back to square one," well the way I agree with him is no doubt "not" the way he meant that to be taken but any way just what did we have before this FED system of privet banks took over running the country by proxy ? Now I don't contend I have the answers in a fast moving and Dynamic world such as we have. In fact any answers are going to have something wrong with them, but some of the crap I see the Fed system imposes on us leaves no way out, and that should be eliminated right off. The biggest fault is in the way currency is traded, and shorted in collusion, this system leaves open the door for any large "secret" gang to literally bankrupt any country that they wish to exclude from their "favorite list". Then blame the country. It's ironic that in one sentence he can say it's so sophisticated that they don't understand it and need to review the entire thing, from square one, but on the other hand the IMF can tell Japan what they need to do. Which by the way happens to be the way they got fat when our S&Ls all went belly up, and the tax payer got stuck with a bill he has never fully seen. Some how we need to get rid of people who just make excuses for the most sophisticated white collar criminals in the world. And then do a spin on any problems like it's the fault of the working people. or a 5 cent raise. I know how to curtail the big part of the currency scam but don't have the credentials to get any one to listen. FORCE all currency trades via the IMF, and tax them splitting the tax in a way that the IMF becomes self supporting from the ones who profit on money changing, instead of getting tax hand outs from the little guy. Also spilt that tax in a way that which ever countries currency is being sold, ( or shorted ) gets half the tax on the deal. They will scream bloody murder on that ( it's too fair )..they will holler it just creates a black market, ( and it would & to some extent that's unavoidable,) but it would not be near on the level of the corruption that's now forced on the people. Any way you have a black market in currency now in most 3rd world countries. They bitch about that because it dips into what they can steal. There will always be some black market in money as long as there is Political corruption, but these huge swaps and short sells of billions of dollars out of sight and by electronic means would be curtailed. I doubt the average person can picture how much havoc a cartel of money changers can bring on the market when they set up in collusion a coordinated swap in currencies. Let me tell you the BIG conglomerates can over power any Government intervention the world. The door on that crap has to be slammed shut, and being you can never set a fixed rate and still have a free market, the only way is to tax it, but tax it fairly and let the speculators and profiteers pay the tax. Do that and 90% of these swaps and swings will go away. -------------------- The big scam pigs have had this capitalistic system figured out and have had it by the throat for years. They have made the Fed. Reserve a party to their 3 card shell game. Bonds, Currency, and Stocks, they put the pea under one and can now swing them around at the speed of light. Any one not on the inside of the loop that plays their game will lose 2 out of 3 times. That we have grown any while making these fat cats fatter and more powerful is a miracle, and they don't like that because POWER is their trip. A one world Government on their terms, and one they can run in Proxy, via a hegemonic system that in effect kills any power in your vote. It's all a vote by dollars, but they tell you how much your dollars are worth. Free market we don't have a free market that's just a joke and they know it. There was not and can never be a "completely free market," the term is a misnomer. How about a fair market, with full disclosure by any Bank licensed to business, after all it survives only because it's under the umbrella of government, where do they get off knocking government. As a matter of fact they are the biggest "welfare reciprocates we have". It makes me sick to see some one knocking food stamps, when that's not even one tenth of one percent that we hand out to the bankers with out blinking an eye. ------------------ Jim