Soldier Of Truth In A Lifelong Battle With Lies - Four Winds 10
Soldier Of Truth In A Lifelong Battle With Lies - Four Winds 10
Soldier Of Truth In A Lifelong Battle With Lies - Four Winds 10
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such a regular basis that it makes the<br />
newsfakers look more and more like fools<br />
to the awakening public.<br />
And while Lou Dobbs may not be<br />
motivated to give such financial advice<br />
as we next present, an anonymous expert<br />
(with an eye on what’s practical) offers the<br />
following:<br />
INVESTMENT ADVICE FROM<br />
AN EXPERT<br />
From the INTERNET, “Elaine”, ,<br />
8/5/02: [quoting]<br />
If you had bought $<strong>10</strong>00.00 worth of<br />
Nortel stock one year ago, it would now<br />
be worth $49.00. <strong>With</strong> Enron, you would<br />
have $16.50 of the original $1,000.00.<br />
<strong>With</strong> Worldcom, you would have less than<br />
$5.00 left.<br />
If you had bought $1,000.00 worth of<br />
Budweiser (the beer, not the stock) one<br />
year ago, drunk all the beer, then turned in<br />
the cans for the <strong>10</strong>¢ deposit, you would<br />
have $214.00.<br />
Based on the above, my current<br />
investment advice is to drink heavily and<br />
recycle. [end quoting]<br />
And as you continue reading the<br />
following several economic items, you’ll<br />
probably think back to the above advice!<br />
DR. MAHATHIR WARNS OF<br />
“ECONOMIC TERRORISM”<br />
From the Malaysian New Straits Times,<br />
8/2/02: [quoting]<br />
By Ashraf Abdullah<br />
Malaysia’s Prime Minister, Dr. Mahathir<br />
bin Mohamad attacked globalization and<br />
free trade as “economic terrorism” in his<br />
speech to 400 attendees at the 2002 Smart<br />
Partnership Dialogue on Langkawi Island,<br />
including representatives from South and<br />
East Africa.<br />
Reflecting on the collapse of foreign<br />
direct investment (FDI) globally, he said<br />
how: “The rich are competing with the<br />
poor to attract FDI.” He compared the<br />
situation to the 1997/98 East Asian<br />
financial crisis, which he said was another<br />
example of “economic terrorism”, based<br />
on short-selling East Asian currencies,<br />
which devastated regional economies.<br />
Poor nations had been told<br />
globalization would bring prosperity to<br />
the poor, by allowing the major world<br />
corporations to invade our economies and<br />
do what they like. But now look at these<br />
firms—it was all a joke.<br />
“They cheat; they lie; they fiddle with<br />
their accounts; and they are protected by<br />
their government cronies.”<br />
[end quoting]<br />
Amen! See Al Martin’s commentaries in<br />
this issue of The SPECTRUM for more<br />
SEPTEMBER 2002<br />
insight about the techniques, like shortselling,<br />
used by the elite criminals to<br />
manipulate economies and steal from the<br />
citizenry. (Like the wealthy really need<br />
more money.) And for another telling<br />
economic forecast, how about this one:<br />
DEUTSCHE BANK’S CHIEF<br />
ECONOMIST SEES THE<br />
DEEP DOO-DOO<br />
From RUMOR MILL NEWS,<br />
(www.rumormillnews.com), 8/2/02:<br />
[quoting]<br />
Rumor Mill News Reading Room<br />
Forum<br />
DEUTSCHE BANK’S CHIEF<br />
ECONOMIST FINALLY ADMITS THAT<br />
GLOBAL ECONOMY IS IN DEEPER<br />
CRISIS THAN PUBLICLY<br />
ACKNOWLEDGED.<br />
<strong>In</strong> an exclusive interview for the new<br />
issue of the German business weekly<br />
Wirtschaftswoche, Norbert Walter said<br />
that he sees “structural similarities”<br />
between the present bubble situation and<br />
that of the Great Depression after 1929.<br />
“The lowest point of stock market<br />
crashes might not have been reached yet;<br />
a continuation of the downward spiral<br />
cannot be ruled out” he said. There has<br />
been a salami crash, and Alan Greenspan<br />
no longer has the power to play God for<br />
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the markets: “The icon has lost its halo.”<br />
<strong>In</strong> stark diversion from his usual calls<br />
for neo-liberalist approaches, Walter then<br />
calls on the European Central Bank to<br />
“lower the interest rates” and on the “EU<br />
to think about a more appropriate<br />
handling of its stability and growth pact”.<br />
Walter adds that he is “not against<br />
Keynes, if a Keynesian situation has<br />
arrived”, and that the Germans should<br />
think of moving up planned infrastructure<br />
projects for the years 2003-2005 into this<br />
year.<br />
All of that is necessary, he adds,<br />
because: “We are, indeed, in a deeper<br />
swamp than is signaled by the debate that<br />
is being conducted at present.”<br />
[end quoting]<br />
This financial expert is not alone in<br />
pointing out the present similarities to the<br />
conditions that existed at the time of the<br />
1929 stock market crash. The REAL<br />
“communication” problem is: How many<br />
in positions of authority who see the<br />
writing on the walls are willing to stand<br />
up and tell the truth?! Which leads to this<br />
next item:<br />
TRUE STATE OF THE<br />
STOCK MARKETS<br />
From newsletter SPIRAL,<br />
, 8/3/02:<br />
Tel: 250-814-0046 Fax: 250-814-0047<br />
www.sotainstruments.com<br />
PO Box 1269<br />
Revelstoke, BC V0E 2S0<br />
www.TheSpectrumNews.org Toll-free: 1-877-280-2866 Outside U.S.: 1-661-823-9696<br />
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