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To: John Hunt who wrote (27063)	1/26/1999 5:40:00 AM
From: John Hunt	Respond to of 116900

With Social Security, a High-Stakes New Math << If you add up all of Clinton's would-be commitments, you discover that he proposes to fix Social Security and Medicare, establish individual savings accounts for millions of Americans and boost military spending and other items by committing 151 percent of the federal budget surpluses that he's projecting over the next 15 years. That's right, 151 percent. Think of it as the 151 percent solution. If anyone else committed to spend more than 100 percent of something, he'd be put in a straitjacket or arrested for fraud. But it's the divine right of U.S. presidents, thanks to the way the federal government keeps its Social Security books. The administration agrees with this math but says I'm categorizing things unfairly. >> washingtonpost.com Votes are getting more expensive to buy these days. Vote inflation, I guess. :-))

To: John Hunt who wrote (27063)	1/26/1999 5:52:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 116900

Market Manipulation - How Could That Be? Professor von Braun - The Rocket School of Economics << The concept of markets being manipulated is not a new one. All powers that be, whether dictatorial or democratic (as in “freely” elected), at some stage of their existence, try to (either directly or via their treasury or designated Central Banker) manipulate a market. Whether it be currencies (the all time favorite), stocks, bonds or pork bellies. History tells us that many times actual currency debasement (which is manipulation) by kingly decree or by out and out fraud has occurred. The English king, Henry VIII was very good at it. Some of the French kings weren't too bad at it either. When the ongoing maintenance of the fiat currency game becomes difficult more manipulation is resorted to. Which of course to the astute observer, is a sure sign that all is not well. Meanwhile the general (and gullible) public continues to carry on their merry way assuming that the powers that be know what they are doing. However fiat currencies are not backed by reserves. Just for the record Websters Unabridged Dictionary defines fiat (no, its not an Italian automobile) as: 1. an order or issued by legal authority, usually beginning with fiat (let it be done); a decree. 2. A sanction; an authorization. It defines fiat money as follows: Paper currency made legal tender by law or fiat, although not backed by GOLD or SILVER and not necessarily REDEEMABLE in coin. -- cont'd -- >> fiendbear.com