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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (55588)	4/11/1999 12:28:00 PM
From: Eggolas Moria	Read Replies (1) \| Respond to of 132070

They've decided to call a meeting and declare victory?

To: Knighty Tin who wrote (55588)	4/11/1999 1:09:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 132070

Mike; I don't know, but the talk of Governments selling gold may not be such a bad thing. If they want to talk architecture why not just out law Governments & banks owning gold, & get them out of the gold business all together. If we let people own all the gold, it could curtail government manipulation, the market or "people would set the gold price" relative to what currencies trade for & with out government or big bank intervention. It's Just a wild thought , and something tahts still turning over in my mind, but why have anything like a gold standard and all that crap the right wing keeps clattering for, why not let it float completely on it's own. On the one hand the right wing want's a free market, and also a gold standard, but the two can't go hand in hand , "power to the people" and let a free market set the price of gold, get government out of it. Jim

To: Knighty Tin who wrote (55588)	4/11/1999 7:18:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 132070

"One proposal is for a new contingency financing mechanism at the IMF, allowing countries with appropriate policies to win the promise of funds for future emergencies. That could be linked to some mechanism to "bail in" the private sector and ensure they bear a share of the cost of any rescue deal." Geez, who the hell do they think comes up with all the money if the private sector doesn't. I did not know the gov't made money and paid taxes. Bail in the private sector to bail out the idiots in government. Monty