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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HammerHead who wrote (2394)	12/20/1998 6:32:00 PM
From: James F. Hopkins	Respond to of 99985

Hi Robert; I'm just not sure about the way it will go, right now the trend for the dollar is down but it may have slipped a little to far to fast, not to say it won't go down more, but I do expect some type of bounce. There are swindlers on top of swindles in the currency markets, the same type of old carpet baggers but always with a new set of tricks. While a hand full of insiders win; the instability it creats cost more than all the winners gain. As some nations are brought to their knees and have to shut down development, to latter get that back on line cost every one more than we can imaging. Communism wont work in the long run, but Capitalism is sick, and deals in a form of genocide that will always cause a back lash. So even if Communism won't work in the long run people will turn to it over and over again as some sort of short term relief from the insidious dog eat dog economics the Capitalist insist on when it gets bad enough, but still the old die hards continue perpetrating this dog eat dog on the rest of the world, as they imagin themselves untochable and at the top of the food chain. -------------------- I more than once said unmitigated Capitalism run amok, is the illegitimate father of Communism. Were exactly this will take us is hard to tell, but I have no doubt in my mind of the TWO evils, that's it's the unmitigated Capitalist who holds the preponderance of guilt in the creation of wars. It must become humane and have some reasonable regulations or code to follow, and not just follow the code but also the sprit of the code. The so called self regulatory ability Wall Street wants and has had, does not get it. If the code was right you would not have or need government intervention in markets other than to catch the swindlers. As it is the government doesn't do much in that area except for some make pretend on the surface, while being a part of the rat pack under the table. --------------- Some years ago the IMF created what was called the SDRs, however unscrupulous investment/bankers world wide have done nothing but exploit the SDR standard. The SDRs had no teeth, had all major currency exchanges been funnel via SDRs, and a small tax put on the investment/bankers amounting to half of their ( spread and the spread limited to 1% ) or a .25% tax which ever was less. Do this and the IMF would not need funding from the general tax payer it would be self supporting, and get it's funding from the carpet baggers. On top of that I also advocate splitting that tax so that half of it goes to the nation whose currency is being sold, ( or shorted) & that would put some stability into the currency markets, as it would make all that shell game of money swaps obvious to all, it would also make tracking dirty money much easier. The Big Boyz will holler about this and point at how it will create a black market in currency, ( indeed it will to some degree but that side effect is nothing to the blackness they are doing. ) On top of that any black market caused by taxing currency swaps, would not only be small potatoes, it would fall into giving the smaller back room traders a slight advantage if they wanted to take the risk, of getting caught. AS things are now, the international farternity of fat carpet baggers are stealing every one they can blind, and don't have to worry about any risk, or getting caught at it. They can always call on their Friend GreenSpam or someone like him to get the small taxpayer to cough up some more blood, & or sell their children into this national debt form of slavery. While they do a spin on a surplus that is not a surplus at all, except for some arbitrary budget number they magically inflated enough to get under. You just don't have a surplus if your debt is going up when will they ever stop the double speak or get rid of their forked tongues. Jim