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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: ForYourEyesOnly who wrote (4377)	3/16/1999 5:38:00 PM
From: Bobby Yellin	Read Replies (1) \| Respond to of 81023

you are something else ..the latest rumor I heard was that Gates and Allen bought the fed sometime back but didn't want to tell anybody until it was year2000 compliant..they didn't want to embarrass themselves...they forgot to tell Rubin,Greenspan,congress,clinton what they had done..Now I hope you feel better..we are definitely in the greatest of hands now..You trust Gates right? You trust Allen? noveau riche but in this case..I think we can make an exception :-) after all..if Gates didn't push the pc and if IBM didn't give away the operating system ..where would this economy be now.. ps..I think they just put a bid in for Fort Knox..I think they want to add that extra "umf" to cds..

To: ForYourEyesOnly who wrote (4377)	3/16/1999 5:38:00 PM
From: lorne	Read Replies (1) \| Respond to of 81023

Gold in the IMF imf.org •Gold holdings provide the IMF with operational maneuverability both as regards the use of its resources and through adding credibility to its precautionary balances. In these respects, the benefits of the IMF's gold holdings are passed on to the membership at large, to both creditors and debtors. •The IMF should continue to hold a relatively large amount of gold among its assets, not only for prudential reasons, but also to meet unforeseen contingencies. •The IMF has a systemic responsibility to avoid causing disruptions to the functioning of the gold market. •Profits from any sales of gold should be retained and only the income deriving from the investment of those profits used for any operations that might be agreed.

To: ForYourEyesOnly who wrote (4377)	3/17/1999 12:30:00 PM
From: Mike M2	Respond to of 81023

THC, re: ownership of the Fed. In Murray rothbards " America's Great Depression" footnote 30 to Ch 1 pg. 310 He writes " some writers make a great to-do over the legal fiction that the Federal Reserve System is " owned' by its member banks. In practice, this means that these banks are taxed to help pay for the support of the Federal Reserve. If private banks really 'own' the Fed. , then how can its officials be appointed by the government, and the 'owners' compelled to 'own' the FRB by force of government statue? The federal Reserve Banks should simply be regarded as governmental agencies. Rothbard is not a fan of the Federal Reserve System ( like most Austrian economists - I suppose) and supported a retun to the gold standard. Mike