BARVENNON.COM
JOHNES
LATEST  SPIN
KILLERBELT
GUNS
TRANSPORT
FUTURE
SOUTH ASIA
LINKS

26 February 2001.
AUSTRALIAN  SPIN

 -  USA REVIEW  -

STRONG DOLLAR  The strong USA dollar is probably caused by the Saudis who are holding their oil profits in USDollars.  During the last oil shock they bought gold.  They learned then that the value of gold was high while they were buying, low when they sold.  This time round they are holding financial instruments denoted in US$.  Holding US$ causes the dollar to rise, and (unless the USA wants to have a recession) causes the balance of payments blow out.  This is not an "unhealthy" situation.  When the Saudis want to spend their savings, then the USA will sell them the goods, and the balance will be restored.

The Clintons provide an interesting conundrum.  It seems fairly certain that both Bill and Hillary have fairly shonky relatives.  We can not of course condemn a person because of family.  But it beggars belief that the Clintons were not aware of their relatives propensities, and on guard.

Now is the time to set in place guards against looters in the White House.   Amendments to the constitution requiring public discussion of proposed pardons, requiring legislative review of executive orders and requiring federal judges be appointed by the states are some that spring to mind.  On the other hand, perhaps it is time that the Federal Government published a uniform voting standard, stating acceptable technical requirements for submission of votes by email, machine and hand.

President Bush seems to be shaping up very well.   He appears to be more concerned with the substance of matters than with the appearance.  SPIN predicts that the world will find G.W.Bush to be a person who makes it clear where he is aimed, and unlike his predecessor, is not lightly deflected from that course.
 

SPIN ARCHIVES.

email here