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To: long-gone who wrote (23464)11/26/1998 11:30:00 PM
From: Richard Grenier  Respond to of 116795
 
Japan Oct vehicle exports down 7.9 pct
yr/yr

TOKYO, Nov 27 (Reuters) - Japan's vehicle exports fell 7.9
percent in October from a year earlier to 358,810 vehicles, the
Japan Automobile Manufacturers' Association said on Friday.




To: long-gone who wrote (23464)11/27/1998 12:19:00 AM
From: Investor-ex!  Read Replies (1) | Respond to of 116795
 
Richard,

Here's a follow-up on the FDIC article. However, the "major national bank branch president" in the article is anonymous, so one can't really tell if the statements about the $100 cash transaction limit are on the level.

The federal government will soon track all financial transactions at banking institutions and businesses. The use of cash for payments over $100 may soon be illegal, and all paychecks will be made through direct deposit -- like it or not.

My questions are: why these sudden, over-reaching FDIC proposals and why now? And don't tell me it's because of drug deals. Could it be that the fractional reserve banking system is under attack? Do we have to give up our privacy and freedom simply because the system is a house of cards? Is that the deal -- permanent loss of freedom and privacy in exchange for the temporary security of sustaining a broken system?

worldnetdaily.com



To: long-gone who wrote (23464)11/27/1998 12:59:00 AM
From: Investor-ex!  Read Replies (2) | Respond to of 116795
 
Richard,

California bankers oppose snooping plan

FDIC extends 'Know Your Customer' public comment period

"We didn't back it in the first place," said John Stafford of the California Bankers Association. "It emerged from the Treasury, the FDIC and the Federal Reserve. They all had comparable forms (of the proposed changes). The purpose of these regulations is to crack down on terrorism and drug trafficking by greatly limiting their ability to do business at a legitimate institution." Stafford said the proposal is not effective. "Our view on the proposal is that it is intrusive and cumbersome," he said.

Cumbersome and intrusive -- how's that for understatement?! Terrorists and drug traffickers generally don't use US banks, and when they do, they likely dispense bribes for their laundering activities anyway. What a load of carp!

Orwell was only off by about 15 years.

worldnetdaily.com