|
PureBytes Links
Trading Reference Links
|
So while the Demos where touting their victory as rulers of the pig pen,
does the markets action of today imply a vote of no confidence in the
senate's action --- or was it just disgust? As it is said be careful what
you ask for...you just might get it.
-----Original Message-----
From: T-Bondtrader <t-bondtrader@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, February 12, 1999 12:23 PM
Subject: Re: Shame
>>Today I am ashamed to be an American. I'll never look on the rule of law
>the
>>same way again. My father risked his life for this country in WW2 and our
>>leaders can't even perform the job that they have sworn to do. Throw me of
>>the list. It would be a small price to pay for truth.
>>
>>Brent
>
>
>Many on this side of the fish pond will completely understand your
>thinking, because our politics and the behaviour of those who have been
>voted into power, in this country, are now of much the same ilk. This,
>however, is a trading forum and those who read it are only interested in
>anything that impacts trading. As a result, most would say that the recent
>activity of the Senate and the stance taken is nothing to do with trading.
>
>However, arguably, the leader of the nation (and if and when there is a
>change) is very much a matter for the markets and the fact that Clinton
>will now go on for the next two years, will probably impact well on the
>whole investment area. As a result, it can only be hoped that he will want
>to be remembered as a President who did something particular, of major
>value, rather than the man who coined the phrase 'inappropriate activity'!
>
>My hope would be that he might see the potential vunerability of US Dollar
>versus the Euro as a danger to America's world leadership; that he decided
>to ensure that the dollar should maintain its position as the reserve
>currency of the world. To succeed in that endeavour, it will be necessary
>to keep Sterling as the number two (rather than it join the Euro) and this
>is something that will be applauded by Englishmen everywhere, as the only
>means left of our keeping our national sovereignty.
>
>So how ever distastful recent events must be for Americans, in particular,
>and other onlookers around the world, in general, there is still an
>opportunity for some good to come out of it all - including the markets and
>those involved in them. It is vital for freedom that America and its
>currency leads the world and so it is absolutely necessary that the Euro
>venture remains a secendary project. And so, de factum, ensuring that the
>British Pound is saved.
>
>Bill Eykyn
>
>
>
>
>
>
>
>
|