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Although it was scarcely reported in the press, an extraordinary event took place in Washington earlier this month. Pascal Lamy, The European Union trade czar, visited with influential members of Congress for the express purpose of determining whether a new tax bill is being crafted to his satisfaction. If Mr. Lamy- a member of the French Socialist Party- is unsatisfied with the changes made to our tax code, he threatens to unleash a European trade war against U.S. imports . . .

 

20000514_xnfoj_city_ousts_2.jpg

Ron Paul, M.D.

Member of Congress

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If I start now.........................I can finish George Orwell's 1984 before the NY opening bell...............................

 

We are best to learn history....................Or we are doomed to repeat it........................

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If I start now.........................I can finish George Orwell's 1984 before the NY opening bell...............................

 

We are best to learn history....................Or we are doomed to repeat it........................

Answer With malice towards none

 

What comes around goes around :o

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currently on the front page of wall struck urinal online:

Freddie Mac is expected to report that it overstated earnings by as much as $1 billion in 2001 when it releases its restatement.

 

and I haven't even heard mention on MayorTV of the next grenade in the developing trade war:

China to Raise Tariffs on U.S. Goods

 

but according to MayorTV, fucutures are down due to bombings in Turkey. Glad we have them to explain it, otherwise I'd think stuff like the above might worry a few people.

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Payback time:

 

China will raise tariffs on some American imports, the Commerce Ministry said on Thursday, in a step that comes just days after a fresh trade spat sparked by a U.S. move to cap imports of selected Chinese textiles.

 

"The Chinese side will raise import tariffs on some commodities imported from the United States and we are currently studying relevant plans," Vice Commerce Minister Ma Xiuhong told the official Xinhua news agency.

 

The retaliation game

 

Whew, that's a relief! What if they raised the tariffs on importing T-bones? :ph34r:

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Payback time:

 

China will raise tariffs on some American imports, the Commerce Ministry said on Thursday, in a step that comes just days after a fresh trade spat sparked by a U.S. move to cap imports of selected Chinese textiles.

 

"The Chinese side will raise import tariffs on some commodities imported from the United States and we are currently studying relevant plans," Vice Commerce Minister Ma Xiuhong told the official Xinhua news agency.

 

The retaliation game

 

Whew, that's a relief! What if they raised the tariffs on importing T-bones? :ph34r:

GAME..........SET.................MATCH.............................CHINA..................

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Odd

 

Last night around 7:25 on M2M I posted that the Comp futures were down 10 at 1884 and that I thought it must be a mistake. They are still pegged there

 

Nothing had blown up at that time

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Watch gold. The miners knew the bad news yesterday before the close. How do they do that?  B)
Odd

 

Last night around 7:25 on M2M I posted that the Comp futures were down 10 at 1884 and that I thought it must be a mistake. They are still pegged there

 

Nothing had blown up at that time

 

Hey, budgets are tight everywhere.

 

The CIA's Open Market Desk is doing the best it can to fund the Agency ... :wink2:

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Your Golden Stool, including short and long term updated charts and price targets, is loaded each morning. Even if you are not a goldbug, you should check out the Golden Stool, a daily Anals release. Take a subscribatory and get the latest release of the Golden Stool from your Anals RIGHT NOW! Don't miss another Golden Stool!

 

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Watch gold. The miners knew the bad news yesterday before the close. How do they do that? B)

And watch the bond. I think this is key. There will be a day when they hold an auction and noone will come. The gang of 22 has been very active of late, shorting the bond. Contracting money supply and a rising bond yield will stop bubble 2 in its tracks.

 

from Sinclair

 

Seeing the extreme drop in the purchase of US Treasury instruments scares the hell out of me. Is there a link between the extreme contraction in monetary aggregates, along with the hard drop-off in foreign money flowing into the US, and the unwillingness of lending institutions to continue the exponential increase in consumer debt?

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Odd

 

Last night around 7:25 on M2M I posted that the Comp futures were down 10 at 1884 and that I thought it must be a mistake. They are still pegged there

 

Nothing had blown up at that time

 

Hey, budgets are tight everywhere.

 

The CIA's Open Market Desk is doing the best it can to fund the Agency ... :wink2:

Thank god them Al Quaida evil-doers are limiting their actions to muslim countries.

 

Luckily we know who's doing this because the Passport of one of the suicide bombers magically survived and was found in the rubble.

 

Hey, maybe they'll fall for it twice.

 

What I particularly love about them wacky bombers is they can pack a truck with explosives and wire it up but somehow keep forgetting to check to see if the targets are occupied ....

 

Desperate people and desperate times.

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from Sinclair

 

Seeing the extreme drop in the purchase of US Treasury instruments scares the hell out of me. Is there a link between the extreme contraction in monetary aggregates, along with the hard drop-off in foreign money flowing into the US, and the unwillingness of lending institutions to continue the exponential increase in consumer debt?

Why are we talking about Sinclair when good ole Doc has been calling attention to this for three months? :huh:

 

You heard it here first. Get the news before it's news!

 

15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW!

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