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Freedom Lawyers of AmericaA site that will chronical the dark side of the news to show what happens when freedom is dying and to sell his books SHELLY WAXMAN'S BOOKS. We also foster and certify the proper use of independent contractors. http:independentcontractor.info CHECK OUR WEBSITE http://thelawyer.info WHERE YOU CAN ALSO ACCESS OUR FREEDOM LAWYERS YAHOO GROUPWednesday, December 31, 2003Fw: THE GATHERING STORM? by Sherman H. SkolnickI DON'T NORMALLY REPUBLISH SHERMAN'S STUFF BECAUSE HE IS ON THE EXTREME SIDE OF THINGS AND SLIGHTLY TINGED WITH, PERHAPS, A DESERVED PARANOIA, BUT I LIKED THIS ONE!!!! I TOO BELIEVE AN ECONOMIC STORM IS COMING, AS I HAVE REPORTED BEFORE. ----- Original Message ----- From: Sherman Skolnick Sent: Wednesday, December 31, 2003 4:35 PM Subject: THE GATHERING STORM? by Sherman H. Skolnick THE GATHERING STORM? by Sherman H. Skolnick 12/31/2003 Some who have clapped their ears (or hearing aids!) to the ground, contend they sense "a storm a'coming". If your hearing is good, maybe you already have heard the advance rumblings while standing upright. There certainly are possibilities to consider for the year 2004 and beyond, such as: ===the possibilities that there may not be, in 2004, a Presidential Election conducted, if at all, in the manner many Americans have come to expect. Our discussion of such a subject in 1999, on numerous radio talk shows, in advance of the year 2000 Election, was widely heckled and condemned. Some continue to contend, however, that the year 2000 situation was simply stealing the White House by way of a 5-judge Military-Style Junta on the U.S. Supreme Court. That George W. Bush has been installed, not elected, as the occupant and resident of the White House by judicial fiat. And his opponent has been the actual elected U.S. President BUT NOT INAUGURATED. [As to the corruption of some of that 5-judge high court majority, in the litigation "Bush versus Gore", view our website story, with attached documents, "Coca-Cola, the CIA, and the Courts, parts 9 and 10.] ===As can be seen on our website, several years ago we raised the possibility that, because of financial and other dislocations, the U.S. Central government may be run by a special emergency panel of three, which we dubbed as a Troika, a take off on the Russian word for a wagon pulled by three horses. Late in 2003, a major network talk show, without referring to our story of three or more years ago, discussed the possibility of an emergency panel instead of a Presidency. [Yes, of course, we know that the U.S. Constitution does not provide for such an emergency panel. To understand the trend, study our website series, "The Overthrow of the American Republic".] ===the possibility in 2004 and beyond, that the U.S. Treasury will actually repudiate the bonded debt of the U.S., that is, default on the U.S. Treasury securities consisting of Treasury Bills, Treasury Notes, and Treasury Bonds, bought and sold in the secondary market. Throughout world history, nations sooner or later failed to make good on the bonded debt of their Central Government. A related possibility is that U.S. Treasury paper may collapse to as little as 75 cents on the dollar, and the yield thus may skyrocket to as much as 16-1/2 per cent. Have you forgotten what happened similar to this in 1980-1981 as to U.S. Treasury paper? (Amateurs on finance mistakenly think I am referring to U.S. Treasury Savings Bonds, such as have been series E, H, and such up to this date.) ===With the possibilities of actual interest rates shooting up like a missile, there has to be considered what some assert is an on-coming real estate collapse. After all, the residential real estate market is the only free market, not a monopoly , in the U.S. Some senior citizens remember even their elders referring to the mortgage company as the "devil". "We have to work day and night and pay-off the mortgage. We have to get 'the devil' out of this house", a warning apparently not up-dated for more current generations. Since when are the mortgage sharks the friend of ordinary people? Where is all that mortgage money coming from, with some of it from off-shore? Is it possibly criminal loot laundered into loans? The monopoly press never tells us. Does anyone remember what an upside down mortgage is? That is, where the market value of the house falls BELOW the mortgage? In past business cycles, this led to the widespread abandonment of heaviliy mortgaged residences. Some left notes, "Hey, Good Bye Mortgage Company. Here is the key. Nice knowing you." (Under an assumed name, some bought, for cash, a similar residence nearby at twenty per cent or less of their current mortgage.) So you think Fannie Mae, Freddie Mac, and Ginnie Mae, are securities guaranteed by the U.S. Treasury? See our website series on "Sucker Traps". Some radio pundits, who we prefer to call "fakers", like Bob Brinker, seem to lead the listeners to falsely believe that such securities, although originally set up as private enterprises encouraged by the federal government, are actually underwritten against loss by the supposed "Full Faith and Credit" of the U.S. Treasury. The bulk of the newspapers have heavy Sunday real estate sections, with highly profitable advertisements and loaded with filler, being puff pieces and pictures hyping real estate. The only accurate news about residential real estate, unfortunately is detailed in small type in newspapers, of rather limited circulation, catering to lawyers, such as the Chicago Daily Law Bulletin. Some in and out of the law trade read the current page after page of foreclosure notices and refer to them sarcastically as the "Property Casualty List", dead and dying single family dwellings and many foolishly-purchased "condominiums". Cynics call buying a unit in an apartment building instead of renting, as buying your landlord's troubles and paying a prosperity era price. ===Is there a stock market collapse coming upon us soon? Currently, Establishment shills and media con-men, are claiming the market is headed for the sky. Really? ===more than merely a possibility, that the government figures on unemployment are a bitter fraud, masking widespread hardships of commonfolk. ===and a possibility that some States, bankrupt and getting no help from the Central Government, may become the Breakaway States of America. [Scroll way down our website for an article on this posted several years ago.] To those who may find interest in our website stories, we wish a Happy and Healthy New Year. Being realists, we have suspended wishing others a "prosperous" New Year which may have to be postponed for a decade or so, since business cycles have NOT been cancelled. ============================================= Mr. Skolnick's articles on judicial corruption, political murders, and crimes of the banks and such, are on the website www.skolnicksreport.com His articles are also posted and archived, through the MAIN PAGE, left-hand side of the same, CLICK on COLUMNISTS "Sherman Skolnick" on the popular website www.rense.com Mr. Skolnick is a regular participant on a three-hour weekly program "TALK RADIO FOR SPIES!", on a blowtorch maximum power station, broadcast from Toronto and can be heard ON-LINE, live and archived through www.cloakanddagger.ca Thursday evenings (except if pre-empted by sports), starting at 11 p.m., Eastern Time; 10 p.m., Central; 9 p.m., Mountain; and 8 p.m., Pacific Time. A recently published book is "Ahead of the Parade" by Sherman H. Skolnick, a Who's Who of Treason & High Crimes---Exclusive Details of Fraud & Corruption of the Monopoly Press, the Banks, the Bench and the Bar, & the Secret Political Police. Can be ordered U.S./Canada 1-800-861-7899. Also, the book can also supposedly be ordered through Amazon.com HOWEVER, in recent times, amazon.com blockaded their own sales and marketing of this controversial book by DEMANDING twice the listed price. Happy New YearStates try using new forms of punishment ---------- Fox News "States across the country are doing away with mandatory minimum sentences, relaxing parole rules and diverting drug offenders to less costly treatment programs. In states like California, officials say some of those measures are going to help better rehabilitate low-risk offenders while also saving hundreds of millions of dollars." (12/31/03) http://www.free-market.net/rd/747779902.html U.S. military ending Halliburton Iraq oil deal ---------- Forbes "A U.S. military energy unit announced on Tuesday that it was taking over the task of providing fuel for Iraq, ending a Pentagon deal with Vice President Dick Cheney's former company Halliburton amid allegations of price gouging by the Texas-based energy services giant." (12/31/03) http://www.free-market.net/rd/691202716.html Vietnam jails online journalist ---------- BBC "A former Vietnamese journalist who used the internet to criticise the government has been jailed for seven years, court officials said. Nguyen Vu Binh, 35, was found guilty on espionage charges in a trial that lasted less than three hours." (12/31/03) http://www.free-market.net/rd/715444039.html Ex-spy's book seized in Russia ---------- BBC "Copies of a book linking Russia's FSB security service to apartment blasts in 1999 have been seized by the Russian police, the book's sellers say. Over 4,000 issues of FSB Blows Up Russia were confiscated in western Russia on Sunday, Alexander Podrabinek of the Prima news agency said. Mr Podrabinek said 'the books were seized as anti-government propaganda.'" (12/30/03) http://www.free-market.net/rd/723986174.html Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Tuesday, December 30, 2003For All You Collectorshttp://www.nytimes.com/2003/12/30/nyregion/30MESS.html?8hpib A Bronx man trapped for two days under an avalanche of newspapers, magazines and books was rescued by firefighters and neighbors yesterday in a small urban drama that recalled the macabre 1947 tale of the Collyer brothers. The victim, Patrice Moore, 43, of 1991 Morris Avenue, near Tremont Avenue, was found shortly after 1 p.m. in a 10-by-10-foot room crammed with paper and other detritus that completely filled it, except for a small corner where he slept, neighbors and city officials said. A reclusive man who lived alone and had been saving magazines, newspapers, books, catalogs and junk mail for a decade - and had apparently thrown none of it out - Mr. Moore was buried standing up under the collapse on Saturday, according to neighbors, who heard him moaning and mumbling through the door, which had been blocked by all the paper. The landlord broke in with a crowbar and neighbors began digging into the entombing piles of publications, communications and advertisements. Calls to the city brought the police, three companies of firefighters, health and buildings officials, and officials from the Office of Emergency Management. It took more than an hour to extricate Mr. Moore - 50 garbage bags of his paper had to be hauled out just to reach him - and he was taken to St. Barnabas Hospital with leg injuries, apparently the result of the weight that fell on him and the fluid that accumulated in his legs during his captivity. He was reported in stable condition last night, a hospital spokesman said. Deon Baitmon, 35, a next-door neighbor who was one of a few people who knew Mr. Moore had been living in a room filled with paper, said she had tried to persuade him to get rid of some of it, without success. "I told him, `You've got to be able to get in and out,' " she said, "but he didn't really want to hear about that." While it was hardly comparable, the episode echoed the strange cautionary tale of Langley and Homer Collyer, who lived for years barricaded in a 12-room mansion at Fifth Avenue and 128th Street in East Harlem with their legendary collection of stuff - tons of newspapers, magazines and books; 14 grand pianos, chandeliers, mirrors, bottles, rotting groceries and an automobile chassis. On March 21, 1947, alerted by a mysterious phone call, the police broke in and found the body of Homer, who had been blind and bedridden. After lengthy searching, they found Langley's body under piles of junk. He had apparently died of a heart attack weeks earlier after triggering one of many booby traps set for burglars, and Homer had died of starvation several days later. While people who hoard obsessively are generally regarded as troubled, there is no agreement among experts on the causes of the phenomenon, which dates back thousands of years. Cases are uncovered from time to time, often after the death of a recluse discloses hidden wealth or troves of possessions behind an otherwise unremarkable facade. After getting a glimpse into Mr. Moore's room yesterday, some neighbors recalled that almost every day for the past decade he had received a heavy load of mail: newspapers, magazines, books that he ordered with a variety of names and never paid for, and tons of unsolicited advertising and other mail. A cursory examination of the stacks turned up numerous copies of Sports Illustrated, Nascar racing publications, Vibe, Scuba Diving, Essence, skiing magazines, Savoy, Sound and Vision, Fitness magazine and copies of the Harvard Business Review. "He got everything," said John Thomas, a neighbor. "You name it - he got it - except Playboy." Bennie Jones, 62, the owner of the three-story brownstone, said: "I knew he was getting a whole lot of magazines, but I had no idea there were so many inside. I can't see how he had any space to move in there. It's crazy. He had the place stacked up with magazines, and they fell on him." Mr. Moore, who was unemployed and paid his $250-a-month rent from the public assistance money he received, lived the quiet life of a hermit, his neighbors said, rarely going out and never allowing visitors into his windowless room on the parlor floor, halfway down a dark, narrow corridor. "His room is his private room," Ms. Baitmon said. He opened the door to get his mail, which was addressed to people named Joe Smith, Pamela Cruise and other fictitious names, but bore his apartment number, 1-B. Occasionally, she said, she heard his radio or his voice, singing or mumbling to himself. Over the weekend, she heard his voice from time to time, but there were no cries for help, nothing very coherent. "He was just talking through the door a bit," she said, and noted that she had not been alarmed. The discovery of Mr. Moore's plight was almost an accident. It happened that he had asked his landlord last week for a small loan, and Mr. Jones went to his door with a couple of dollars yesterday. He knocked on Mr. Moore's door. There was no answer at first, but then he heard a voice inside. It sounded strange. It occurred to Mr. Jones that Mr. Moore might need help. The door was locked, but Mr. Jones got a crowbar and pried it open. Stacks of magazines and books had fallen against the door, and he had to get a couple of neighbors to force it open. They were astonished by what they found inside. The room was stuffed from wall to wall and floor to ceiling with stacks of paper. They also heard moaning from a corner, behind the stacks. "He was trapped in a little corner," said Mr. Thomas. "We had to take books out just to get to him." Mr. Jones called 911, and by the time the firefighters of Engine Company 42 arrived, the neighbors had hauled away enough material to create a path and to unpaper Mr. Moore nearly down to his waist. Another obstacle remained. A bookcase, apparently the only piece of furniture in the room, had also fallen, wedging Mr. Moore tightly in an almost upright position. The firefighters raised the bookcase, hauled away more loads of paper and eventually freed Mr. Moore, who was carried out on a stretcher. "He couldn't say much," Mr. Thomas recalled. "He was in pain." Even as Mr. Moore driven away, the neighbors said, a postman was arriving with another delivery of newspapers, magazines and junk mail for him. "He never threw anything away," Mr. Thomas said. Check This Out--It Is Really BeautifulMonday, December 29, 2003Misc.More states allow felons to regain vote Washington Times "A growing number of states, nine in the past several years, are allowing convicted felons to regain their voting rights. Since 1996, nine states, including Maryland and Virginia, have eliminated some voting barriers for people with felony convictions, according to a report by the Sentencing Project, a think tank that advocates alternatives to imprisonment. Three states -- Utah, Massachusetts and Kansas -- have toughened voting policies for felons in that same seven-year period, researchers for the report found. Kansas has limited voting to felons on probation; Massachusetts and Utah have disenfranchised felons in prison." (12/28/03) http://www.washtimes.com/national/20031227-102836-6814r.htm ----- 11) Shooting of activist spurs Israeli scrutiny Christian Science Monitor "With more than 2,200 Palestinians killed in the West Bank and Gaza and a great many more injured by army gunfire during three years of fighting, the wounding of a young man during a demonstration would not be expected to make headlines in Israel. But Sunday, hardly a newscast went by without mention of the man's condition, and his shooting ignited calls for an independent inquiry. This time, the soldiers had shot an Israeli, a kibbutznik who himself was wearing an army uniform until a few weeks ago. Human rights groups argue that the shooting of Gil Naamati Friday ... confirms what they have been charging for three years: that the army regularly shoots, and often kills Palestinians, when soldiers' lives are not endangered." (12/29/03) http://www.csmonitor.com/2003/1229/p06s03-wome.html Worried pain doctors decry prosecutions Washington Post "In recent years, similar charges of illegally prescribing prescription narcotics, criminal conspiracy, racketeering and even murder have been brought in dozens of states against scores of doctors who treat chronic pain with prescription narcotics. At least two have been imprisoned, one committed suicide, several are awaiting sentencing, many are preparing for trial, and more have lost their licenses to practice medicine and accumulated huge legal bills." (12/29/03) http://www.washingtonpost.com/wp-dyn/articles/A37015-2003Dec28.html Pot supporter unfazed by Canadian Supreme Court ruling MAPINC "A Supreme Court of Canada decision upholding a federal law prohibiting possession of small amounts of marijuana doesn't faze Victor (Randy) Caine, the former South Surrey resident whose arrest 10 years ago in White Rock went all the way to the highest court in the land. 'I'm not surprised by it, or disturbed by it,' Caine said of the 6-3 ruling Dec. 23 that the federal law does not violate the Charter of Rights and Freedoms. Canada's top judges ruled it's up to Parliament to change that law. Caine takes comfort from the fact three judges agreed the ban violates Canadian rights. ... 'I'm not waiting for any government or any judge to tell me that I'm free. If I'm waiting for that, I will remain a slave to them forever.'" (12/26/03) http://www.mapinc.org/drugnews/v03/n1995/a09.html Pot supporter unfazed by Canadian Supreme Court ruling MAPINC "A Supreme Court of Canada decision upholding a federal law prohibiting possession of small amounts of marijuana doesn't faze Victor (Randy) Caine, the former South Surrey resident whose arrest 10 years ago in White Rock went all the way to the highest court in the land. 'I'm not surprised by it, or disturbed by it,' Caine said of the 6-3 ruling Dec. 23 that the federal law does not violate the Charter of Rights and Freedoms. Canada's top judges ruled it's up to Parliament to change that law. Caine takes comfort from the fact three judges agreed the ban violates Canadian rights. ... 'I'm not waiting for any government or any judge to tell me that I'm free. If I'm waiting for that, I will remain a slave to them forever.'" (12/26/03) http://www.mapinc.org/drugnews/v03/n1995/a09.html Straining the system Daily Home "Although drug abuse puts a strain on virtually every aspect of civil society, it probably places no greater burden anywhere than on the justice system. And, according to local prosecutors, at least one of the major factors in creating this strain is a lack of resources to punish those who break drug laws. [Talladega County, AL, District Attorney] Steve Giddens estimates that about half of the criminal cases set to go to trial every month are pure drug cases, either possession of marijuana or other controlled substances, distribution, trafficking, manufacturing and others." (12/27/03) http://www.dailyhome.com/news/2003/dh-localnews-1227-cnorwood-3l26o3614.htm TinyURL: http://tinyurl.com/2mfdc Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Friday, December 26, 2003The Mark of the BeastAn article in Friday's Detroit Free Press reports that, "Michigan residents will be forced next year to give their Social Security numbers when applying for or renewing their drivers' license, raising fears it will open up new avenues for identity theft, the nation's fastest-growing crime." According to the article, "Ending a long dispute with the federal government, the Michigan Secretary of State's Office will begin collecting the numbers some time next year." (Detroit Free Press) http://www.freep.com/news/statewire/sw90169_20031226.htm --- An article in Friday's Grand Rapids Press reports on a new Michigan law that will go into effect on January 1, 2004, which "makes it a felony to throw objects -- bricks, bowling balls, even snowballs -- at moving cars if it leads to injury." (Grand Rapids Press) http://www.mlive.com/news/grpress/index.ssf?/base/news-12 Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Thursday, December 25, 2003ResistanceMarijuana activist runs for U.S. House of Representatives http://www.philly.com/mld/inquirer/news/local/states/new_jersey/7562510.htm Marijuana activist uses act of defiance to launch campaign Newly off probation, Ed Forchion of Browns Mills announced a bid for the U.S. House, then lit up. By Sam Wood Inquirer Staff Writer Call it a joint announcement. A South Jersey advocate for the liberalization of marijuana laws declared his candidacy for the U.S. House at Independence National Historical Park by - how else? - lighting up a marijuana cigarette. Not that he got a chance to smoke it. After just a few tokes Saturday afternoon, a phalanx of 17 park rangers surrounded Ed Forchion, also known as NJ Weedman. The rangers confiscated the candidate's joint, and Forchion, 44, was issued a $150 ticket for possession of a controlled substance. Minutes before, while standing between Independence Hall and the Liberty Bell Pavilion, Forchion said he intended to run as the U.S. Marijuana Party's candidate for the seat held by Republican Jim Saxton in New Jersey's Third Congressional District. The district extends across Burlington and Ocean Counties and includes a few neighborhoods in Camden County. Also cited shortly after 4:20 p.m. was Pat Duff, 27, who said he intended to run as the Marijuana Party's candidate for Philadelphia City Council in 2007. The self-described "renegade car salesman" said he would run on a platform encouraging the opening of cannabis cafes across the city. About 50 supporters, many with video cameras and shivering against the wind, had gathered to watch Forchion and Duff ceremoniously light up. The time and setting had been chosen with Karl Rove-ian precision. "Four-20" is stoner slang for smoking marijuana. The park had the benefit of being federal property, outside the jurisdiction of the Philadelphia Police Department. "We're peaceful, patriotic potheads," the soft-spoken Forchion said. "We had meant to do this on Dec. 6, but it snowed and ruined what we'd thought was going to be a big turnout." On Dec. 3, Forchion completed 20 months of probation in Camden County for pleading guilty to possessing five pounds of marijuana with the intent to distribute. "I'm happy," he said of putting probation behind him, "I can run for office again." Forchion, of Browns Mills, has run for Burlington County freeholder and for the First District seat in the U.S. House on the Legalize Marijuana ticket. A Rastafarian, Forchion has said he smoked marijuana for religious reasons, to relieve back pain, and to help him deal with chronic depression. The former cross-country truck driver has been an advocate of legalizing marijuana since the mid-1990s. His high jinks have been celebrated in what is left of the counterculture. Among his stunts: lighting up in the New Jersey Assembly while wearing a black-and-white-striped prisoner's costume. Saturday's announcement was intended to make a more sober point, he said, adding that he intended to challenge the rangers' citations in court. "This is all about a First Amendment issue," Forchion said. "Freedom of religion allows for the religious use of marijuana on federal property. I'm just exercising that right." Contact staff writer Sam Wood at 856-779-3838 or samwood@phillynews.com. Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Wednesday, December 24, 2003Misc.Lenny Bruce granted posthumous pardon CNN "Comedian Lenny Bruce was granted a posthumous pardon by Gov. George Pataki Tuesday for a nearly 40-year-old obscenity conviction prompted by a foul-mouthed political commentary. Pataki called his decision, the first posthumous pardon in New York state history, 'a declaration of New York's commitment to upholding the First Amendment.'" (12/23/03) http://www.cnn.com/2003/SHOWBIZ/12/23/bruce.pardon.ap/ ----- Gun crimes on increase in Australia ABC News [Australia] "Drive by shootings, revenge killings, and armed hold-ups. Gun crime has become an almost daily occurrence in Australia. Yesterday a 17- year-old girl was shot in the shoulder during a security robbery in Sydney. As police and state governments try to curb the escalating violence, anti-gun groups want to know why there appear to be more guns than ever in Australia just seven years after the Port Arthur massacre. The Federal Government's gun buy back scheme cost $500 million and yielded more than 600,000 long arm guns, yet gun control groups estimate there are more than 300,000 hand guns among Australians, most of them illegal." (12/23/03) http://www.abc.net.au/7.30/content/2003/s1015505.htm Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Monday, December 22, 2003Remote Control Cars> Police call for remote button to stop cars > Motorists face new 'Big Brother' technology > Juliette Jowit, transport editor Sunday December 21, 2003 The Observer > http://observer.guardian.co.uk/uk_news/story/0,6903,1111211,00.html > > After speed cameras, road humps and mobile phone bans, there could be more > bad news for Britain's motorists. Police are urging Ministers to give them > the power to stop vehicles by remote control. > > In what will be seen as yet another example of the in-creasing power of Big > Brother, drivers face the prospect of their cars being halted by somebody > pushing a button. > > The police lobby is being led by Superintendent Jim Hammond of Sussex > police, who chairs an Association of Chief Police Officers technology > working group which is examining the idea. > > 'Providing an effective means to remotely stop a vehicle is fast becoming a > priority,' Hammond told a European conference. 'The development of a safe > and controlled system to enable remote stopping has the potential to > directly save lives.' > > However, Bert Morris, deputy director of the AA Motoring Trust said: > 'People don't like the idea of Big Brother taking over their driving. In > years to come that might be acceptable, but it's very, very important that > there's a step-by-step approach.' > > Cars could be stopped by the gradual reduction of engine power so it slowly > comes to a stop, or by making sure when drivers come to a halt they can not > move again. > > Stopping cars remotely sounds futuristic, but the basic technology is > already available and used in lorries to limit the top speed to 56mph and > in new systems to immobilise stolen cars. > > The key is the electronics box in most new cars which, when the driver > presses the accelerator or brake, sends a message to the engine to speed up > or slow down. It can be programmed to limit the speed generally or > according to the position of the car, established via a GPS satellite. For > remote operation, a modem, which works like a mobile phone, can be used > tell the car to slow down or stop. > > Similar radio telemetry was used by Formula One pit crews to adjust the > engines of racing cars at up to 200mph - until it was banned this year. > > 'The technology exists and will become more refined as time goes on,' said > Nick Rendell, managing director of the Siemens business developing this > technology in the UK. > > A senior police officer - assumed to be the chief constable or deputy - can > already give the order to stop a car remotely, but that power has rarely if > ever been used, said Morris. To use any new powers more widely, police must > first overcome some practical problems to reassure Ministers that vehicles > would be stopped safety. Ministers will also want reassurances that drivers > would not be mistakenly stopped. > > ACPO insists that it would only introduce the technology when it was safe. > It is calling on the Government to introduce the legislation which it says > will be vital to stop vehicles when - as expected - manufacturers develop > tyres that run when they are flat. This will make 'stingers' - the spiked > strips thrown in front of speeding cars - useless to stop stolen and > get-away cars or dangerous drivers. > > It is also linked to pressure to make cars 'pointless to steal' because of > growing concern about more violent car crime as vehicles become harder to > take. The RAC Foundation recently found there were as many as 1,200 car > jackings in Britain last year. > > Another link is to technology which would stop cars going above certain > speed limits - either a fixed maximum such as 70mph, or varying according > to the local limit. > > The system could even be programmed to reduce speeds below the limit in bad > weather or when school children were expected to be about, said Robert > Gifford, director of the Parliamentary Advisory Committee on Transport > Safety, which believes the technology could cut the 3,420 deaths a year on > Britain's roads by 59 per cent. > > Experts now believe the technology could start to be used voluntarily by > the end of the decade and ultimately could be made mandatory. > > > More on policing > 02.06.2002: David Rose: Short straw for law > http://observer.guardian.co.uk/crimedebate/story/0,12079,726381,00.html > 17.03.2002: Andrew Rawnsley: Boys in blue will test Blair's bottle > http://observer.guardian.co.uk/comment/story/0,6903,668783,00.html > 09.12.2001: Cristina Odone: Why do we knock the boys in blue? > http://observer.guardian.co.uk/comment/story/0,6903,615709,00.html > 31.03.2002: 'Clean-up' police branded corrupt > http://observer.guardian.co.uk/crimedebate/story/0,12079,742432,00.html > 02.12.2001: I'll tackle our failing police, says Blunkett > http://observer.guardian.co.uk/crimedebate/story/0,12079,742437,00.html > 02.12.2001: Blunkett on the police: the Observer interview in full > http://observer.guardian.co.uk/crimedebate/story/0,12079,742442,00.html > 02.12.2001: Revealed: the country's worst police > http://observer.guardian.co.uk/crimedebate/story/0,12079,742443,00.html > > Observer prisons debate > 08.08.2002: Thinktank review: Solid convictions > http://observer.guardian.co.uk/crimedebate/story/0,12079,771435,00.html > 04.08.2002: Mary Riddell: An abuse of human rights > http://observer.guardian.co.uk/crimedebate/story/0,12079,768971,00.html > 11.08.2002: Paul Donovan: What happens when victims of injustice are freed? > http://observer.guardian.co.uk/crimedebate/story/0,12079,771367,00.html > 28.07.2002: Michael Naughton: the scale of wrongful convictions > http://observer.guardian.co.uk/crimedebate/story/0,12079,764137,00.html > 28.07.2002: Sarah Spencer: We are all part of the war against crime > http://observer.guardian.co.uk/crimedebate/story/0,12079,764668,00.html > 10.02.2002: Mark Leech: Why part-time porridge won't > workhttp://observer.guardian.co.uk/comment/story/0,6903,647678,00.html > 10.02.2002: Unlocking the prisons debate: responses to Blunkett > http://observer.guardian.co.uk/comment/story/0,6903,648091,00.html > 03.02.2002: Mary Riddell: Prison doesn't work ... > http://observer.guardian.co.uk/comment/story/0,6903,644040,00.html > 03.02.2002: David Blunkett: ...but rehabilitation and reform could > http://observer.guardian.co.uk/comment/story/0,6903,643990,00.html > 03.02.2002: 'Soft touch' plan to end jails crisis > http://observer.guardian.co.uk/politics/story/0,6903,644055,00.html > Observer Comment > http://observer.guardian.co.uk/comment/0,6903,156041,00.html > > More from Guardian Unlimited > Special report: crime > http://observer.guardian.co.uk/Guardian/crime/0,2759,339240,00.html > Special report: prisons > http://observer.guardian.co.uk/Guardian/prisons/0,7368,464445,00.html > Politics: more on home affairs > http://observer.guardian.co.uk/Politics/homeaffairs/0,11026,584184,00.html > Sunday, December 21, 2003Make Up Your Own MindThe fundamentalist Muslims are the source of 98% of the world????????s conflicts!
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Merci,Thank you, Thursday, December 18, 2003Well, There Goes A MarketSaudi Arabia bans dolls, stuffed animals Fox News "Saudi Arabia has banned the importation of female dolls and stuffed animals, giving merchants three months to dispose of such stock, a state-guided newspaper reported Wednesday. Interior Minister Prince Nayef ordered the ban which was relayed around the country by the national Chamber of Commerce and Industry, Al-Riyadh said. The daily gave no reason for the ban, which could not be confirmed with government officials Wednesday. Strict interpretations of Islamic law ban representations of living beings and any exposure of the female figure." (12/17/03) http://www.foxnews.com/story/0,2933,106040,00.html Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Wednesday, December 17, 2003Especially for JNP
http://www.theonion.com/3949/top_story.html
BAGHDAD, IRAQ?On almost every corner in Iraq's capital city, carolers are singing, trees are being trimmed, and shoppers are rushing home with their packages?all under the watchful eye of U.S. troops dedicated to bringing the magic of Christmas to Iraq by force. "It's important that life in liberated Iraq get back to normal as soon as possible," said Deputy Defense Secretary Paul Wolfowitz at a press conference Monday. "That's why we're making sure that Iraqis have the best Christmas ever?something they certainly wouldn't have had under Saddam Hussein's regime." To that end, 25,000 troops from the 3rd Armored Cavalry Regiment and 82nd Airborne Division have been deployed. Their missions include the distribution of cookies and eggnog at major Iraqi city centers, the conscription of bell-ringers from among the Iraqi citizenry, and the enforcement of a new policy in which every man, woman, and child in Baghdad pays at least one visit to 'Twas The Night... On Ice. Immediately following the press conference, high-altitude bombers began to string Christmas lights throughout the greater-Baghdad area, and Wild Weasel electronic-warfare fighter jets initiated 24-hour air patrols to broadcast Bing Crosby's "White Christmas" over the nation. Armored columns struck out from all major allied firebases to erect a Christmas tree in the town square of every city, while foot soldiers placed fully lit, heavily guarded nativity scenes in front of every Iraqi mosque. "Thus far, Operation Desert Santa has gone off without a hitch," said Gen. Stanley Kimmet, commander of U.S. armed reconnaissance-and-mistletoe operations in the volatile Tikrit region of central Iraq. "There has been sporadic house-to-house fighting during our door-to-door caroling, but that's to be expected in a Christmas season of this magnitude." According to Lt. Gen. Ricardo Sanchez, the top American military commander in Iraq, every precaution is being taken to ensure the peaceful enforcement of the Christmas season in occupied Iraq. "All American military personnel have been instructed that the observation of Christmas should be carried out efficiently and tastefully, with minimal emphasis on the season's commercial aspects," said Sanchez, who addressed reporters while a decorations division strung wreaths and garlands outside his headquarters. "We must keep in mind that the reason for the season-oriented campaign is for Iraq to celebrate the birth of our Lord and Savior Jesus Christ." An aide for Sanchez later explained that, in order to ensure a meaningful holiday season for all Iraqis, provisions were made for those Iraqis who elected to observe Hanukkah. Like many U.S. operations in Iraq, Operation Desert Santa has met with some resistance. A convoy transporting fruitcake and gingerbread came under rocket attack Sunday night just outside Checkpoint No�l in Basra, and unidentified bands of Iraqis exchanged gunfire with Marines operating an armored Humvee simulated sleigh ride in a Baghdad suburb. In spite of these troubles, regional commanders report progress, with only eight U.S. casualties resulting from the operation. Still, Iraqis report that they are unable to get into the Christmas spirit. "Why am I supposed to feel joy for the world?" said 34-year-old Baghdad mechanic Hassan al-Ajili as he stood in line for his mandatory visit with Santa. "My country is still at war. I need an American identification card to get anywhere in my own city. Now, for some reason, men with machine guns have placed two rows of jingling antlered pigs on the roof of our house. This is insane." Bush, speaking from his Crawford ranch, praised the brave men and women of Operation Desert Santa and asked for the understanding of all Americans. "We must be patient with the Iraqis," said Bush, seated before a Christmas tree dotted with Scottish terrier ornaments. "The holidays can be a very stressful time, especially for people not yet used to the customs. I'm sure Iraq will enjoy the happiest of holiday seasons if we show resolve and commit to making sure that they do." President Bush then called for 30,000 new troops to be deployed in the next week to ensure an effective and precise enforcement of Christmas throughout the region. Salvation and Eighth Army detachments will be stationed on every corner by Christmas Eve to make sure that every last Iraqi citizen spends the holiday at home, with family. Sanchez said he is confident that he can meet that deadline. "A merry Christmas in Iraq means peace in the Middle East has finally been achieved," Sanchez said. "God bless us, every one." Whadya know!!Court to drug thugs: Doctors can prescribe pot Dodge City Daily Globe "An appeals court ruled Tuesday that a federal law outlawing marijuana does not apply to sick people who are allowed to smoke pot with a doctor's recommendation. The ruling by the 9th U.S. Circuit Court of Appeals was a blow to the federal government in its fight against medical marijuana. The Justice Department has argued that state medical marijuana laws were trumped by federal drug laws." (12/16/03) http://ap.dodgeglobe.com/stories/20031216/1730114.shtml Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Tuesday, December 16, 2003Libertarian--What's Libertarian???"Customer" satisfaction with feds nears all-time high ---------- GovExec.com "[T]he public's overall satisfaction with federal agencies is edging closer to an all-time high reached two years ago, according to statistics released ... by the University of Michigan. The government received a score of 70.9 out of 100 possible points on the 2003 American Customer Satisfaction Index ..." (12/15/03) http://www.free-market.net/rd/712730425.html Supreme Court: all subject to arrest in cars where drugs found ---------- Baltimore Sun "The Supreme Court issued a traffic warning ...: Beware of whom you ride with. If drugs are found in a vehicle, all occupants can be arrested, the justices said in a unanimous decision. It was a victory for Maryland and 20 other states that argued police frequently find drugs in traffic stops but no one in the vehicle claims them." (12/15/03) http://www.free-market.net/rd/643466852.html Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Sunday, December 14, 2003U.S. Suits Multiply, but Fewer Ever Get to Trial, Study Sayshttp://www.nytimes.com/2003/12/14/national/14TRIA.html?hp On television and in the popular imagination, lawsuits and prosecutions end in trials, in open court before a jury. In reality, according to a new study, trials have become quite uncommon. In 1962, the study says, 11.5 percent of all civil cases in federal court went to trial. By last year, that number had dropped to 1.8 percent. And even though there are five times as many lawsuits today, the raw number of civil trials has dropped, too. They peaked in 1985 at 12,529. Last year, 4,569 civil cases were tried in federal court. "What's documented here," William G. Young, the chief judge of the Federal District Court in Boston, said in a telephone interview, "is nothing less than the passing of the common law adversarial system that is uniquely American." The percentage of federal criminal prosecutions resolved by trials also declined, to less than 5 percent last year from 15 percent in 1962. The number of prosecutions more than doubled in the last four decades, but the number of criminal trials fell, to 3,574 last year from 5,097 in 1962. The study, based on data compiled by the federal court system, was prepared by Marc Galanter, who teaches law at the University of Wisconsin and the London School of Economics, for the American Bar Association. "This is a cultural shift of enormous significance," said Arthur Miller, a law professor at Harvard. Opinions vary on whether the shift is a positive one. Negotiated settlements may satisfy both sides in a way a win-or-lose trial cannot, and pretrial dismissals of cases by judges may avoid needless trials of frivolous claims. Both of these alternatives to trial are less cumbersome, less expensive and more efficient. On the other hand, some studies suggest that individuals suing companies fare considerably better before juries than they do in settlements and before judges, meaning that a decline in the number of trials may hurt plaintiffs with valid claims. Judges, scholars and lawyers gathered over the weekend in San Francisco for a bar association symposium to discuss the study. Among the possible explanations for what the meeting's organizers call "the vanishing trial" is a growing antagonism to trials by lawyers and judges, who consider them costly and risky. They prefer negotiated settlements and pretrial determinations by judges based only on paper submissions. "There is a striking philosophical, ideologically driven view that is hostile to trials," said Judge Patrick E. Higginbotham of the United States Court of Appeals for the Fifth Circuit, in New Orleans. He attributed the view to those who prefer mediation to adjudication. Others view the trend as progress. "If a trial occurs," said Samuel R. Gross, a law professor at the University of Michigan, "it usually means a whole lot of efforts by a whole lot of people have failed." Paul Butler, a law professor at George Washington University, disagreed. He said the loss of this form of dispute resolution was a devastating one. "Nobody does trials like Americans," Professor Butler said. "We made it an art form. It's almost as fundamental a part of our culture as jazz or rock 'n' roll." Data from the state courts, which handle most lawsuits, are less complete and harder to interpret. Legal experts at the National Center for State Courts have studied the available data and say the patterns in them, particularly as they concern jury trials as opposed to those before only judges, are broadly consistent with those in the federal courts. Judge Higginbotham recalled his life as a federal trial judge in Texas a quarter-century ago. "When I went on the bench," he said, "we tried cases. I sometimes had three juries deliberating." In 1962, the average federal judge conducted 39 trials a year, including both civil and criminal cases. These days, that number has fallen to 13. Judges spend the rest of their time doing such things as supervising the exchange of information between parties, deciding pretrial motions and urging or approving settlements and plea bargains. The dearth of trials has resulted in a sort of vicious circle. Many lawyers who call themselves litigators have little trial experience, which may in turn make them wary of taking cases to trial. "We're almost moving into a barrister model," said Patricia Lee Refo, an Arizona lawyer and official of the American Bar Association, referring to the separate caste of lawyers who try cases in Britain. On the criminal side, there is almost no dispute that the falling number of trials in the federal courts is because of the revisions in sentencing laws. Defendants who insist on a trial can face much longer sentences than those who accept a plea bargain. The civil trend is harder to explain, and legal experts have many theories. Some point to the rise of arbitrations and other less formal means of resolving disputes. Though the number of cases filed in court has continued to increase, it may be that some sorts of cases have gone to other forums. Injury and contract cases, which represented 74 percent of all federal civil trials in 1962, accounted for 38 percent last year, according to Professor Galanter. Those categories of cases, he said, have largely been replaced by employment discrimination and other civil rights cases, which now represent a third of all federal civil trials. The sheer complexity and cost of litigation, others say, make settlements more attractive. The cost of a trial can exceed the cost of a settlement, giving defendants an incentive to settle. Plaintiffs and their lawyers, on the other hand, often prefer the certainty of a settlement to the possibility of recovering nothing at trial. "The striking problem," Professor Gross said, "is that we have generated a procedure that is way too expensive if actually employed." But Gillian Hadfield, a law professor at the University of Southern California, said settlements might actually be in decline. "We need to follow up on this initial study to confirm these numbers," Professor Hadfield said, "but at this point it looks as though the percentage of cases terminated in settlement has fallen by between 10 and 15 percentage points, from approximately 50 percent in 1970 to between 35 and 40 percent during the 1980's and 1990's." By contrast, she continued, "nontrial adjudications" - written decisions by judges typically based only on papers submitted by the parties - have risen to 50 percent from 32 percent since 1970. Professor Miller said such judicial decisions can be troubling. "We speak glowingly of letting people have their day in court," he said. "Now they have their day on papers." Fw: LIFE WITH BIG BROTHER: School first to install face scanners> Designed to detect sex offenders or missing children > http://www.azcentral.com/arizonarepublic/local/articles/1211edsecurity11.htm l > > A north-central Phoenix school is the first in the nation to install > cameras designed to detect the faces of sex offenders or missing children > and instantly alert police. > > The Maricopa County Sheriff's Office used a grant to install equipment in > the entrance and attendance office at Royal Palm Middle School, 8520 N. > 19th Ave. The cameras are expected to be operating next week. > > Rebecca Dornbusch, deputy director of the International Biometric Industry > Association in Washington D.C., had never heard of biometric face scanning > being used on K-12 campuses. Biometric handprints are being used by a few > day care centers to insure the right adults are picking up kids after > school, she said. > > "This is a very interesting and new application of the technology," > Dornbusch said. > > Sheriff Joe Arpaio said the cameras cost about $3,000 to $5,000 for a > school to install and will not violate the privacy of anyone not already in > the Arizona sex offender or in the national missing children databases, > including possible abductors of missing children. If the camera registers a > possible hit, the Sheriff's Office is quietly alerted and will send a > deputy or police officer to investigate. > > Arpaio said the Royal Palm system is not set to recognize people wanted for > other crimes. School districts are not interested in becoming law > enforcement agencies, he said. > > "The main issue is to take care of kids," Arpaio said. "We're not going to > go after people who have warrants." > > The system scans 28 facial features and matches them against logged images > in the databases. School personnel will not know about the alert, and > images that do not match the databases are erased, with no permanent recording. > > Mary Lou Micheaels is a mother of three and a member of the Washington > District School Board. She's heard no complaints from parents. > > "I wanted to make sure it was a system that protected our children and > protected people's privacy," Micheaels said. "If one child isn't abducted, > or one is found, it's worth it." > > Principal Mike Christensen carries around the responsibility for the safety > of Royal Palm's 1,180 seventh- and eighth-graders. Christensen said he > volunteered to test the new equipment, even though the campus has reported > no problems. > > "I do not think we can do too much," Christensen said. "When kids walk on > campus, the expectation is they need to be safe." > > Royal Palm mother Teresa Johnson said she supports the idea and would like > to see the campus install a third biometric camera in the parking lot, a > more likely place to find sex offenders lurking. > > Arpaio's office already is using biometric equipment to help verify the > identity of suspects being booked into county jails. The locally based > Hummingbird Defense Systems donated $350,000 worth of equipment to Arpaio's > office for pilot projects. > > The chances of catching a molester or finding a missing child on this > campus are remote, Arpaio said, but this is an experiment that could begin > to make a difference in a growing problem. Arpaio said he's ready to help > other districts install the equipment. > > > > Reach the reporter at pat.kossan@arizonarepublic.com. > Thursday, December 11, 2003Flynt's "Hustler" sign violates zoning, Ohio DoT laws ---------- Dayton Daily News "A Hamilton County [OH] Common Pleas judge has ruled that a large sign advertising a store Hustler publisher Larry Flynt owns violates zoning laws and state regulations." Flynt claims the sign was targeted due to its content, and says he won't take it down "until I have to". (12/9/03) http://www.free-market.net/rd/927311016.html New York's war on tobacco costs lives ---------- NY Post "Two people have been murdered and two others shot in separate acts of violence tied to a surge in cigarette bootlegging that has rocked the Big Apple in the aftermath of the whopping cigarette tax hike. The allure of easy profit -- as much as $50 per carton -- has drawn to the lucrative illegal cigarette trade a variety of criminals ...." (12/10/03) http://www.free-market.net/rd/426204026.html Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Wednesday, December 10, 2003MJ Drug smugglers turn to northern border Washington Times "The 'Ghost of Sin Ojos' is an illusive figure known all too well to the Border Patrol agents who prowl the rolling plains here under the big Montana sky, a shadowy visitor dressed in black with no eyes who moves unseen over a strip of land along the Canadian border known as the 'Hi-Line.' 'I've never personally seen the ghost,' said Border Patrol Senior Agent Larry D. Shields. ... 'But there's no doubt he's out here.' There's also no doubt that the ghost has company, an elusive and growing number of drug smugglers, crossing from Canada into the United States ... carrying a mountain of illicit drugs, including a new and potent hydroponically grown Canadian marijuana known as 'BC bud.'" (12/09/03) http://www.washtimes.com/national/20031208-113407-8452r.htm Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Sunday, December 07, 2003On The Subject of Cycles
As true today as in 1776. These cycles are proven by history.
SRW > "A democracy cannot exist as a permanent form of government. It can only > exist until the voters discover they can vote themselves largesse from the > public treasury. From that moment on, the majority always votes for the > candidates promising them the most benefits from the public treasury, with > the result that a democracy always collapses over a loss of fiscal > responsibility, always followed by a dictatorship. The average of the > world's great civilizations before they decline has been 200 years. These > nations have progressed in this sequence: From bondage to spiritual faith; > from spiritual faith to great courage; from courage to liberty; from > liberty to abundance; from abundance to selfishness; from selfishness to > complacency; from complacency to apathy; from apathy to dependency; from > dependency back again to bondage." > > Written by Alexander Fraser Tytler in "The Decline and Fall of the Athenian > Republic" 1776. > Thursday, December 04, 2003DO IT SOON, BUT NOT HERE!> Israeli Lawmaker Wants to Prevent Arafat Burial on Temple Mount > http://www.cnsnews.com/ViewForeignBureaus.asp?Page=\ForeignBureaus\archive\2 00312\FOR20031203d.html > > Jerusalem (CNSNews.com) - He's not dead yet, but some Israelis already > worry about where Yasser Arafat will be buried. > > An Israeli parliamentarian has proposed a law that would prevent burials in > the Old City of Jerusalem, including the Muslim cemetery on the Temple > Mount, where Palestinian Authority Chairman Yasser Arafat is hoping to be > buried. > > Sovereignty over Jerusalem - and particularly the Old City -- is one of the > most hotly contested issues of the Israeli-Palestinian conflict. > > Israel has ruled the Old City since Jerusalem was reunited under Israeli > sovereignty following the 1967 Six-Day war. But day-to-day affairs on the > Temple Mount, known to Muslims as the Haram al-Sharif, are the > responsibility of Islamic religious authorities. > > Arieh Eldad, part of the Moledet faction of the National Union Party, has > proposed that burials in the Jerusalem's Old City be prohibited from now on > unless special permission is granted. > > "The law suggests that nobody will ever be allowed to be buried in the [Old > City] only by special permission of the prime minister," Eldad said in a > telephone interview. > > Eldad said he was motivated to propose the law about a month ago when > Arafat indicated that he wanted to be buried on the Temple Mount -- > Judaism's holiest site -- currently occupied by Muslim religious shrines, > including the golden Dome of the Rock and Al-Aksa Mosque, the third holiest > site in Islam. > > Arafat wants to transform the site where the first and second Jewish > Temples once stood and the Jewish Kingdom reigned for the last 3,000 years > not only into a religious Muslim center, but a political center, Eldad said. > > Israel dates its claim to Jerusalem from the time of the Biblical King > David, who made the city his capital. Since then, the Holy City has never > been capital to another nation or people, although it has had many > different rulers. > > "Arafat is the first leader of the Palestinian people. If he is buried > there, [his tomb] will be a center for pilgrimage," Eldad added. > > Arafat has long expressed his desire to pray at the Al Aksa mosque. He also > has urged Palestinians to become martyrs for the sake of the Al-Aksa > mosque. Palestinians call the violence and terrorism of the last three > years, the Al Aksa intifadah (uprising), making it a focal point of their > struggle. > > Because of Jewish religious law, there are no Jewish cemeteries in the Old > City (or within the walls of any city), and as a rule, no Jews have been > buried in the Old City for thousands of years, except a few dozen who were > buried there during the siege of the Old City in 1948, Eldad said. > > A handful of Christians are buried in the Church of the Holy Sepulcher, > where Orthodox Christian tradition holds that Jesus was buried. > > But a few families hold burial plots in the Muslim cemetery on the Temple > Mount, and one of them has promised a plot to Arafat, Eldad said. > > The late Jordanian King Abdullah, the great-great grandfather of the > present King of Jordan is buried there. > > The last person to be buried in the Muslim cemetery was Palestinian > Minister for Jerusalem Affairs Faisal Husseini, who died suddenly of a > heart attack while traveling abroad two years ago. > > Tens of thousands of Palestinians lined the roads of Jerusalem to pay their > last respects to Husseini and Palestinian Authority VIPs, and Israeli > allowed close into Jerusalem from the West Bank -- sealed at the time -- > for the funeral. > > Eldad said he believes his law will be supported in the Knesset because > many parliamentarians regretted that there was no such law in place at the > time of Husseini's death. > > Israeli Arab Knesset Member Ahmed Tibi, who is an advisor to Arafat, > criticized the proposal and said he would fight it. He charged that Eldad > was chasing the Palestinians in both life and death. > > "Faisal Husseini is buried there," Tibi said by telephone. "Yasser Arafat, > I hope he will live [on and on]. They should not interfere with his life or > his death." > YOU BETTER WATCH OUT: Checking Your Bill for a New Charge Called 'Oops'> http://www.nytimes.com/2003/12/04/technology/circuits/04stat.html > > EVERY few years, economists identify another mutant variation of inflation > to keep them awake at night. In the 1980's, it was stagflation. Three years > ago, it was deflation. And now, meet the economic specter of the new > millennium: stealth inflation. > > That's when phone companies and just about anybody else who sends you a > bill manages to extract more money from you without actually raising their > rates. > > Phase 1 of this program was the proliferation of miscellaneous fees - for > "regulatory assessment," "handling," "restocking," and so on. According to > Business Week, newly concocted fees will generate $100 million for hotels > this year, $2 billion for banks, $11 billion for credit-card companies - > and an average of 20 percent extra on every phone bill. > > Recently I may have stumbled upon Phase 2. > > Attracted by the superior coverage of Verizon's wireless network, I signed > up for a new cellphone. The $60 package included unlimited night and > weekend calling and 800 anytime minutes. > > A few days later, a welcome letter congratulated me on my new 700-minute > plan. I called customer service. It was supposed to be 800 minutes, yes? > > The phone representative explained that what I signed up for was the > 700-minute plan, with a 100-minute bonus. The welcome letter didn't reflect > the bonus, but I would see it on my monthly statements. > > All right, no problem. All I'd lost was the 25 minutes on the phone with > Verizon. > > Yet when the first statement arrived, Verizon had charged me 25 cents for > every minute over 700. > > I called the 800 number again; the representative apologetically credited > me the 100 minutes. Cost to me: another 25 minutes. > > When the same error cropped up on the next month's statement, my wife > mentioned that she had gone through precisely the same ritual with MCI long > distance a few months earlier. In fact, after reviewing our records, we > discovered at least seven cases in the last few years when a service > company (including at least three phone companies) overbilled us and didn't > correct the mistake until we turned ourselves into human pit bulls. > > All right, mistakes happen. But over and over and over again? > > Now, I'm not much on conspiracy theories. But in the weekly Circuits > newsletter (nytimes.com/circuits) I floated a theory that all this might be > part of a pattern of passive-aggressive robbery perpetrated on the premise > that a certain percentage of customers won't notice, or won't bother to > protest. Almost immediately, my copy of Microsoft Outlook turned into > Microsoft Look Out. A tidal wave of responses poured in - over 1,200 in the > first four days. > > Because the comments were made by e-mail or as online postings, many of the > correspondents did not respond to requests for elaboration or fuller > identification. But the volume of the responses made it clear that I had > struck a chord. > > "My experience with cellphone companies, airlines, and Internet providers > has been so overwhelmingly dominated by 'mistakes' that I can't believe > that it amounts to anything less than an insidious new business model > developed to prey upon busy lives," said Jeremy Cohen, a 25-year-old music > student in Cambridge, Mass. > > A posting on nytimes.com offered a similar lament: "They've cut to the bone > to increase their bottom line. They train their front lines to blow people > off, and give them no authority to make amends for problems. In previous > eras, this was known as thievery. Now it's just the way things are done." > > Not surprisingly, the companies in question deny that there's anything > fishy going on. "We're not in business to part people from their money for > a service that they don't get," said Mark Siegel, an AT&T Wireless > spokesman. "Are there mistakes from time to time? Yes. But is it the > conscious act of some cabal, a secret group of people sitting in a > smoke-filled room (O.K., not in New York City)? No way." > > On the other hand, would P.R. people even know about such a program? The > people who would really know what's going on are the actual phone > representatives - and I heard from them, too. > > "I can't speak for all the cell companies,'' wrote a two-year > customer-service veteran at one of the big carriers, "but the idea that we > would intentionally overcharge customers is just plain wrong. Any time > someone calls an 800 number, the company is charged, staff has to be paid > and call centers have to be maintained. Where I work, we try to find ways > to prevent customers from calling in. It would not make financial sense to > do things that would purposely cause customers to call in." > > That's a convincing argument; in fact, a Cingular spokeswoman told me that > the industry-average cost per customer-service call is about $7. Yet the > whole idea behind stealth inflation is that customers don't call in, that > the overbilling will go unnoticed, perhaps masked by the dizzying > complexity of the modern monthly statement. Verizon Wireless, for example, > doesn't even provide an itemized list of calls with your statement (unless > you pay - what else? - an additional monthly fee). > > Verizon's spokeswoman brought up another point, which I call the Theory of > Statistical Inevitability. She pointed out that Verizon Wireless has 40 > million customers. "Even though we strive to get it right the first time, > all the time, there are, unfortunately, times when we fall short," she said. > > But there is a hole in that defense, as one reader wrote: "If these were > truly random errors, one would expect that some of them would work in our > favor. I know of no one who ever got extra minutes, extra money or extra > anything else." > > And sure enough, in 1,200 tales of billing errors, only two people > described ever being underbilled. (Of course, most customers who find > errors made in their favor are smart enough to keep their mouths shut. Only > Abe Lincoln would spend 25 minutes on the phone trying to give his > cellphone company its $1.75 back.) > > In the end, the idea of a scheme to bilk millions of people by tiny amounts > sounds preposterous, even silly. After all, wasn't that the villain's > master plan in "Superman III"? > > If you ask people on the receiving end of the complaints, you'll hear other > theories to explain the explosion of customer accusations. Sprint > executives, for example, assign part of the blame to the consumers themselves. > > "Consumers, the press and others get caught up in the perception of > overbilling," a spokeswoman said, but "if a customer changes her wireless > calling plan and she doesn't read the terms and conditions of the contract, > she might perceive a larger bill to be the result of overbilling, when in > fact she never understood the terms of the contract." > > Several carriers seconded Sprint's additional contention that "so many > government taxes and federally mandated programs are being tacked on to > phone bills in recent years. Consumers do benefit from these relatively > recent government regulations, but at a cost that's not easily understood > or explained." > > Meanwhile, a number of call-center employees suggested that what's really > going on may have more to do with dim-witted corporate officers than evil ones. > > "I see dozens of accounts every month where we have made a mistake," wrote > an 800-number agent for retail-store credit cards. "But because the way our > jobs are structured, we are basically encouraged to ignore the mistakes and > make the customer go away. > > "When it takes several minutes to unravel a mess but we are only given 156 > seconds to handle the call, most customer service reps look for the > quickest way to dispense with the call. Extra minutes are very costly to > the C.S.R. With the millions of dollars we are getting from those who are > not catching us, it more than makes up for the lost business." > > In any case, there is some cause for optimism. In the cellphone arena, at > least, the new era of number portability means that companies have an > enhanced incentive to improve. For example, Verizon Wireless says it is > adding a number of satisfaction-improvement programs, including > customer-service software that has been redesigned to prevent errors - > "using drop-down menus to choose items rather than relying on a rep's > ability to remember some of our changing promotions/procedures." > > A customer backlash is taking shape, too. Verizon agreed this year to a $20 > million settlement in a class-action lawsuit that accused it of having > overcharged hundreds of thousands of California customers on their > long-distance bills. (The plaintiff's law firm is now pursuing the matter > on a nationwide basis.) Sprint, Qwest, SBC, AT&T and MCI have also recently > settled class-action lawsuits related to fees and overbilling. > > The more customers catch the errors and push back, the more it will cost > the service companies to handle them - and the more likely such problems > will be prevented. > > At that point, Americans will encounter a form of inflation that will be > worth celebrating: reverse stealth inflation. > > E-mail: Pogue@nytimes.com > FUNNEEEE!!!Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 ----- Original Message ----- From: R. J. Tavel, J.D. To: David J. Pierce Sent: Thursday, December 04, 2003 2:00 PM Subject: WILL THIS BE THE DEATH OF READING, OR WHAT? X (as in expectorant) RATED "...she came with the exhilarating whoops and pant-hoots of a troop of Rhesus monkeys, which was flattering, if alarming." --dean The Bad Sex award shortlisted passages | Thursday December 4, 2003 http://books.guardian.co.uk/news/articles/0,6109,1099719,00.html The Winner Bunker 13 by Aniruddha Bahal (Faber & Faber) She's taking off her blouse. It's on the floor. Her breasts are placards for the endomorphically endowed. In spite of yourself a soft whistle of air escapes you. She's taking off her trousers now. They are a heap on the floor. Her panties are white and translucent. You can see the dark hair sticking to them inside. There's a design as well. You gasp. 'What's that?' you ask. You see a designer pussy. Hair razored and ordered in the shape of a swastika. The Aryan denominator... As your hands roam her back, her breasts, and trace the swastika on her mound you start feeling like an ancient Aryan warlord yourself... She sandwiches your nozzle between her tits, massaging it with a slow rhythm. A trailer to bookmark the events ahead. For now she has taken you in her lovely mouth. Your palms are holding her neck and thumbs are at her ears regulating the speed of her head as she swallows and then sucks up your machinery. She is topping up your engine oil for the cross-country coming up. Your RPM is hitting a new high. To wait any longer would be to lose prime time... She picks up a Bugatti's momentum. You want her more at a Volkswagen's steady trot. Squeeze the maximum mileage out of your gallon of gas. But she's eating up the road with all cylinders blazing. You lift her out. You want to try different kinds of fusion. * * * The shortlist The Sucker's Kiss by Alan Parker (Sceptre) Honey couldn't get my pants over my boots, so she pulled her hair up on top of her head, readjusted the tortoiseshell hair comb, took off her glasses and went straight to work with that long tongue of hers licking my bat and balls... Maybe it was because I was tight as a goat, but it sure was a great afternoon. I'm not much of a muff diver, but I can strongly recommend that Kentucky cocktail of Sneaky Pete and strawberry juice. Further down my body, Honey Mackintosh bobbed up and down between my legs, her big soft lips locked around my hootchee and, true to her Scottish roots, she sucked away like she was the last person left on earth to play the bagpipes on Robbie Burns' birthday. * * * Too Beautiful for You by Rod Liddle (Century) (Joanne hung with her head flung back over the side of the bed, her hair splayed out across the floor, which required Christian to cling on to her waist so they both didn't fall off, and then after a modicum of congenial thrusting, she came with the exhilarating whoops and pant-hoots of a troop of Rhesus monkeys, which was flattering, if alarming.) * Paul ejaculates voluminously and with very great force indeed. In fact he keeps on and on ejaculating, there's loads of the stuff, out it all comes, pint after pint, and he begins to wonder if it will ever cease. Sophie, the minx, trails the back of her hand across the back of his penis - what a wonderful trick, thinks Paul, vaguely, lost in a chemical oblivion - and delicately but decisively arches her body away from him to avoid the ostentatious spurting which continues for so long that Paul becomes embarrassed and wonders if there's maybe something seriously wrong with him. When, eventually, it does stop ... They each cling to opposite sides of the mattress, well away from the vast lagoon of semen in the centre of the bed, a thick coldness which will still be damp when Paul awakes the next morning. His dreams are furred with a strange sort of exhaustion. * * * The Stranger at the Palazzo d'Oro by Paul Theroux (Hamish Hamilton) The softness of her skin in the dark, far softer-seeming because of the dark, was irresistible. And the aroma of her lily-fragrant perfume mingled with the cat smell of her steaming cunt made me salivate and pant like a lion, my nose tormented by damp fur and hot blood. Still I could not tell where her soft skin ended and her silk began, and the complexity of her vaginal lips was like another elaborate silken garment she had put on for me to stroke. I adored the gleam of her body in the light from the ... streetlamps and the blistered moon... She knelt and worshipped my cock with her mouth and her gloved hands and she cried out louder than I did when I came, spattering her face as she licked. * * * Eleven Minutes by Paolo Coelho (HarperCollins) As he simultaneously penetrated and touched me, I felt that he was doing this not only to me, but to the whole universe. . . He stopped moving inside me while his fingers worked quickly and I had one, two, three orgasms in a row. I felt like pushing him away, for the pain of pleasure is so intense that it hurts, but I resisted; I accepted that this was how it was, that I could withstand another orgasm or another two, or even more... and suddenly, a kind of light exploded inside me. I was no longer myself, but a being infinitely superior to everything I knew. When his hand took me to my fourth orgasm, I entered a place where everything seemed at peace, and with my fifth orgasm I knew God. Then I felt him beginning to move inside me again, although his hand had still not stopped, and I said 'Oh, God', and surrendered to whatever came next, Heaven or Hell. It was Heaven. I was the earth, the mountains, the tigers, the rivers that flowed into the lakes, the lake that became the sea. He was thrusting faster and faster now, and the pain was mingled with pleasure, and I could have said: 'I can't take any more', but that would have been unfair, because, by then, he and I were one person. * * * Peyton Amberg by Tama Janowitz (Bloomsbury) Somewhere she had once heard that women - lesbians - were experts at this because they knew what another woman wanted. That wasn't true. When she and Victoria had done it, it had been like trying out some strange Japanese cuisine, something that wriggled, still alive, in a dish. Or having to swallow the contents of a bearded mussel attached to a rock, while all the while one knew the tide was rapidly coming in. She was never going to be a lesbian. Being heterosexual was already strange enough. * He was stroking her body over her silky dress and when his fingers got down to where her dress ended, just below her thighs, he reached up between her legs and plunged two fingers into her vulva, and began to probe her vaginal canal, as if he was searching for lost car keys. After a time he removed them and spread whatever lubrication he had found there across her labia. 'Good girl, good girl,' he said. 'Oo, that feels nice.' His penis was prodding her leg and she took it in her hand like the snout of a dog. Her life, she knew, could have been so much worse. * * * Seek My Face by John Updike (Hamish Hamilton) She would blow him while he kneeled straddling her face on the tatty brown sofa in his Pearl Street loft, a sofa that looked like one more piece of street refuse, and then show him his pale semen inside her mouth, displayed on her arched tongue like a little Tachiste masterpiece before she swallowed it or disgorged it back onto his still-firm prick; even his prick was smooth, barely marked by the ridges and homely veins that other men had, like an ivory dildo or the erection in that Marisol masterpiece with the cigarette lighter. * * * The Crime Tsar by Nichola McAuliffe (Bloomsbury) 'It's all right, I won't break,' she whispered. She felt him aware of his size and weight. His care not to hurt her. She moved to accommodate him and felt the blind probings before he slipped inside her. He was bigger than she had remembered. She tilted her hips and felt the weight of his balls on her ... what? Small expanse of skin between vagina and anus. Perineum - was that it? Her mind screamed: Shut up, Lucy! You're not doing the Cosmopolitan crossword now. A Bounce for the Ounce and Shades of the MarquisThe US Postal service sent out a message to all letter carriers to put a sheet of Bounce in their uniform pockets to keep yellow jackets away. Use them all the time when playing baseball and soccer. I use it when I am working outside. It really works. The yellow jackets just veer around you. And all this time you've just been putting Bounce in the dryer! It will chase ants away when you lay a sheet near them. It also repels mice.. spread them around foundation areas, or in trailers, cars that are sitting and it keeps mice from entering your vehicle. It takes the odor out of books and photo albums that don't get opened too often. Repels mosquitoes. Tie a sheet of Bounce through a belt loop when outdoors during mosquito season. Eliminates static electricity from your television (or computer) screen. Since Bounce is designed to help eliminate static cling, wipe your television screen with a used sheet of Bounce to keep dust from resettling. Dissolve soap scum from shower doors. Clean with a sheet of Bounce. Freshen the air in your home. Place an individual sheet of Bounce in a drawer or hang in the closet. Put Bounce sheet in vacuum cleaner. Prevent thread from tangling. Run a threaded needle through sheet of Bounce before beginning to sew. Prevent musty suitcases. Place an individual sheet of Bounce inside empty luggage before storing. Freshen the air in your car. Place a sheet of Bounce under the front seat. Clean baked-on foods from a cooking pan.Put a sheet in a pan, fill with water, let sit overnight, and sponge clean. The anti-static agent apparently weakens the bond Between the food. Eliminate odors in wastebaskets. Place a sheet of Bounce at the bottom of the wastebasket. Collect cat hair. Rubbing the area with a sheet of Bounce will magnetically attract all the loose hairs. Eliminate static electricity from Venetian blinds. Wipe the blinds with a sheet of Bounce to prevent dust from resettling. Wipe up sawdust from drilling or sand papering. A used sheet of Bounce will collect sawdust like a tack cloth. Eliminate odors in dirty laundry. Place an individual sheet of Bounce at the bottom of a laundry bag or hamper. Deodorize shoes or sneakers. Place a sheet of Bounce in your shoes or sneakers overnight. Golfers put a Bounce sheet in their back pocket to keep the bees away. Put a Bounce sheet in your sleeping bag and tent before folding and storing them. Keeps them smelling fresh. http://story.news.yahoo.com/news?tmpl=story&u=/nm/germany_cannibal_dc KASSEL, Germany (Reuters) - A German confessed on Wednesday to killing and eating a willing victim in a case that could make legal history, telling a shocked courtroom the experience was "like taking communion" in a religious service. At the start of his murder trial in Kassel, central Germany, Armin Meiwes, 42, offered a full account of the killing that has gained him worldwide notoriety as "The Cannibal of Rotenburg" after the town where he lived. Meiwes said there were "hundreds, thousands" of people seeking to fulfil their desires to eat humans or be eaten via Internet advertisements in forums called "Cannibal Cafe," "Guy Cannibals" and "Torturenet." In testimony so frank it drew gasps from the public gallery, Meiwes said he had kept his victim's skull and plastic bags of flesh in his freezer. He ate about 44 pounds of the flesh, defrosting it bit by bit. "With every piece of flesh I ate I remembered him," Meiwes, a self-assured and well-spoken computer repair man, told the judge. "It was like taking communion." The killing took place in March 2001. Meiwes was arrested in December 2002 after police received a tip-off from someone who had seen one of his Internet adverts seeking a slaughter victim. The trial is expected to last until the end of January and some 40 witnesses will be called, including some of Meiwes's Internet contacts. The gaunt, bespectacled defendant said that during his upbringing alone with a dominant mother he had longed for a little brother he could make "part of me." He told how he made contact online with a 43-year-old Berlin computer specialist identified only as Bernd-Juergen B. He invited him to his elegant half-timbered home near Kassel and killed him with a kitchen knife in a "slaughtering room" he had built containing meat hooks, a cage and a butcher's table. "He told me he had had the desire since he was a child to be slaughtered and eaten," Meiwes said. "He was very intelligent and I didn't see any sign that he was disturbed." Meiwes filmed the killing and the video tape may be shown to the court. Defense lawyers have said the film shows Meiwes cutting off the victim's penis at the latter's request. "It was important to him that his member be cut off and that he witness it," Meiwes said. "He screamed terribly and jumped around the table but after a while he said he was surprised it didn't hurt and was very pleased that the wound bled so strongly," he added. "It gave him pleasure." MURDER OR EUTHANASIA? Eventually the victim lost consciousness and Meiwes killed him with a knife. He hung up the corpse and cut it up, filming the process. Prosecutors, who charged Meiwes with murder after a psychiatrist declared him fit to stand trial, are seeking a life sentence. They concede the victim wanted to be killed but argue he was incapable of rational thought. Meiwes's lawyer has pleaded for him to be convicted of "killing on request," a form of illegal euthanasia which carries a maximum five years sentence. Legal experts say the charge of full murder may not stick given that the video film shows the victim to be willing. The case could reach the Federal Constitutional Court, Arthur Kreuzer of Giessen University's Institute for Criminology said this week. Meiwes said he became obsessed with wanting a younger brother -- "someone to be part of me." Using the pseudonym "Franky," he posted Internet ads saying: "If you are 18-25 you are my boy" or "Come to me I'll eat your delicious flesh." Some 430 people responded to his e-mails within a year. Wednesday, December 03, 2003BATTLE OF TITANS--GOVERNMENT DEPENDS ON THE PAPER CURRENCY
More Comfortable with Bullion than Stocks
By John Embry, Sprott Asset Management | For The Gold Report | November 2003 http://www.kitco.com/ind/Goldreport/dec022003.html At this juncture I am much more comfortable with gold bullion than I am with gold stocks. I think gold stocks have had an enormous run - they started percolating a bit May and June and then went ballistic. Subsequently, my fund is up 90% [since April]. Clearly stocks have done really well. I think that the stocks are okay only if the gold bullion price can exit this trading range it's in - currently between $370 and $400 - and clear $400 with some momentum and blast up to $420, which a lot of technicians are calling for. I'm concerned about two things: First, hedge funds are long . . . and second, the central banks, who are managing the gold market - make no mistake about that - do not want to see the gold price going up significantly here because it would imply more inflation in the system. It might lead to higher rates in the U.S., which would kill the mortgage market. So, there's a real battle going on right now. So, I really don't know in the short run what the gold price is going to do. But I do think that over time the gold price is going up a lot, because it has become evident that the United States, in particular, has no choice but to create as much liquidity as necessary to keep the whole debt picture intact. And at the same time, because the U.S. dollar is vulnerable, I don't think any of the foreign countries really want their currencies going up a lot against the U.S. dollar, so if the U.S. dollar is showing some overt weakness, I think these countries will print money - they will buy dollars, they will lower their interest rates - they will do everything to prevent their currency from rising sharply against the U.S. dollar, and weakening their competitive position. So, I see an ongoing, accelerating global monetary debasement as being the major factor in the gold market, and the only currency - and gold is most assuredly a currency and has been for centuries- that can't be debased is gold. So, as all these other paper currencies are created at an ever more rapid clip, the price of gold as denominated in these currencies is going skyward. It's just a matter of how long it's going to take. As far as stocks are concerned, everything I look at, very simply, is in terms of risk and reward. In the case of gold let's say the 200-day moving average is in the neighborhood of 360; the current price is just under 380. So, I keep 20 bucks as downside max in my mind, and I see upside over the next 18 months of approximately 120 bucks, and over the next five years, of maybe 600 dollars. So, I look at that; I say, "Gee, that's not a bad risk/reward." I look at a lot of the stocks, right now, and they have had an enormous run; some of them are just trading on the moon, in relation to what their real fundamental assets are worth. And accordingly, I think that I can lose, in the short run anyway, as much money as I can make. So I am a little less comfortable with stocks, certainly since the last time we talked when I was quite bullish about stocks. But I could be wrong. If the bulls win out, and the gold price roars through $400, stocks are going to do just fine. (November 6, 2003) A euro earned is a euro saved
Discussions of the consequences of a weaker dollar are no longer
theoretical. Foreign investors are actually starting to sell U.S. dollar-denominated assets. The reason for this paradigm shift, this watershed moment in history, centers on a nasty, four-letter word: debt. When America's 2003 fiscal year ended Sept. 30, it was reported that the deficit had reached $374.2 billion. That's more than twice the published 2002 figure, and it shattered the previous deficit record of $290 billion set in 1992. But that's nothing compared to what lies ahead. The White House is already projecting a $480 billion deficit for fiscal year 2004. And that doesn't include all of the "off-the-books" spending going on. Warned Warren Buffett: "The deficit has greatly worsened, to the point that our country's 'net worth,' so to speak, is now being transferred abroad at an alarming rate." But what's even worse than record-breaking debt is our cavalier attitude towards it - both on the federal and individual level - that virtually assures the continuation of monstrous deficits for the foreseeable future. Given the planet's dependency on the greenback (up to this point at least), given the fact that no economy has come close to rivaling that of the U.S., Washington has seemingly operated under the smug belief that it could let debt run rampant without significantly risking the dollar's supremacy. But that's one smug belief that may prove monumentally foolish. After over 20 long years of mounting deficits (the trade deficit has more than tripled since 1990), our debt is getting to be pretty old business in the world community. In addition to foreign angst over North America retaining the title of "The World's Debtor Nation," there have been other shocks to the global economic system. These include: * The collapse of the dotcom market in March 2000. * The terrorist attacks of Sept. 11, 2001. * The serious scandals on Wall Street. * The impact of the war with Iraq. * The sluggish U.S. recovery. None of this has occurred in a vacuum. There continues to be worldwide consequences, under-reported as they have been, to these traumatic U.S. circumstances. Euro on rise For one consequence, the euro is looking more and more attractive to foreign investors. From an all-time low of $0.83 in October 2000, shortly after the currency's introduction, the euro recently hit a record $1.1977 (topping the previous May 12, 2003, record of $ 1.1558). This is significant because a rising euro directly threatens the dollar's enduring role as the world's defacto reserve currency (specifically, nearly 70 percent of official exchange reserves are held in dollars). Possessing the world's reserve currency, it should go without saying, has been a critical advantage to the U.S. "The U.S. can run large trade deficits because the cost of producing an American dollar is far less than what can be bought with it, giving the U.S. an advantage over other countries that must pay for American dollars with their own goods and services. Normally, a country that ran significant trade deficits would face downward pressure on its currency. The dollar's status as the world's reserve currency protects the U.S. from this," reported Mapleleafweb.com. But that sweet advantage is now being threatened. That's because the spigots of world investment in the U.S. are beginning to shut off. According to respected analyst Stephen Roach: "In data just released, overseas portfolio inflows into dollar-based assets totaled only $4.2 billion in September 2003 - far short of the $64 billion average inflows in the first eight months of the year and the $46 billion monthly bogey required to finance the U.S. current account deficit at its prevailing rate." Regarding this dramatic decline, ABN Amro Analysts warned, "Given the U.S.'s $45 billion a month current account deficit, this lack of flows (i.e., declining purchases of government securities) in a month when U.S. bonds and stocks both rallied raises questions about the financing of the trade deficit next year." Which comes as particularly ominous news since it has largely been the foreign buying of Treasury and Wall Street securities that has kept our U.S. economy afloat. But, as bad as declining foreign investment is, it's not the only scary news. Oil in euros According to Mapleleafweb.com, "In April 2002, a senior OPEC representative gave a speech openly considering changing the denomination for oil payment." In other words, the petroleum exporting countries are looking at euros over dollars. Evidently, this isn't just talk. Mapleleafweb.com also reported that, since 2002, Iran has been shifting the reserves in its Central Bank from U.S. dollars to euros. According to respected analyst,Richard Russell, Russia has also stated that it is thinking of selling its oil in euros instead of dollars. Saudi Arabia would soon follow suit, he believes. Then Russell added: "There are elements in Europe that would like to give the U.S. its 'comeuppance' ('knocking America off its throne,' in other words). This is impossible from a military standpoint, but not from an economic standpoint. Remember, the reason our nation remains relatively prosperous is that the U.S. owns and creates the world's 'reserve currency.' This allows America to get away with 'economic murder' by paying off its debt with paper that it prints at will and at no cost." The universal hedge to the dollar According to Stephen Roach: "I fear there is a tear in the fabric of confidence that underpins the special role of the dollar - a tear that is now getting larger under the stresses and strains of an unbalanced world." So . how do you personally hedge against this tear in the fabric of confidence? How do you preserve your all-important purchasing power in a changing economy? Consider these opinions. * Jay Taylor, editor of J. Taylor's Gold and Technology Stocks newsletter, reported, "People should really be owning gold because it is so negatively correlated to equities and bonds and the dollar, even more than real estate. We make no apologies for our 40 percent allocation to gold and gold stocks." * "Gold," said fund manager Alfred Wong of UOB Asset Management, "is historically found to be negatively correlated with major assets like the U.S. dollar, stocks and bonds. The asset of last resort is gold." * Peter Urbani, investment strategist at The Fairheads International Group, one of the world's most distinguished money management firms, said, "Investors seem to have rediscovered gold as an alternative asset class, which appears to be negatively correlated with the U.S. dollar." * "Gold is the only asset class that is negatively correlated with other asset classes, so its price tends to move in the opposite direction to U.S. stocks, Treasury bills, bonds and the U.S. dollar," reported Asiaweek.com. Richard Russell has a specific example of this negative-correlation: "The S&P 500's 20-month moving average has crossed down through its 40-month moving average, thereby indicating that stocks remain in a primary bear market. "But look at the picture in the gold market. The picture is a mirror image of the stock market. The 20-month moving average of the gold price is crossing up through the 40-month moving average, which shows that gold is in a primary bull market. "Gold is now in the accumulation phase, moving to strong hands from weak hands . $556 per ounce is the first target." But you don't have to be a "gold bug" to see the wisdom of diversifying your stock-based portfolio with at least some gold. That's especially so as the situation with the dollar plays out. Put in perspective, consider how lucky we are to have any asset at all that moves contrary to the direction traditional investments are heading. Given that key advantage, we should avail ourselves of "the only asset class that is negatively correlated with other asset classes," as Asiaweek.com reported, and diversify our stocks, funds and bonds at this dramatic junction in history. This is, after all, no time to have all of our hard-earned assets in the same dollar-denominated basket. * Lear Financial is making available free information on investing in precious metals. http://etools.ncol.com/a/jgroup/rd_lear_wnd_15.html With more than 20 years of industry experience, Kevin DeMeritt is president of Lear Financial, one of today's fastest growing and most successful precious metals investment firms. Tuesday, December 02, 2003MISC.Italy to pay individuals to have larger families ---------- BBC "In Italy, a country once known for its large families, the government is now offering a financial bonus to encourage people to have more children. The 1,000 euro payment will go to those who already have at least one child and have a second by the end of 2004." (12/1/03) http://www.free-market.net/rd/767056482.html Pakistan to withdraw from Kashmir? ---------- Hindustan Times "Pakistan's President Pervez Musharraf has said that his country would pull back its troops from Pakistan-occupied Kashmir (PoK) if India does the same in Jammu and Kashmir." (12/2/03) http://www.free-market.net/rd/662071825.html Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 And This Guy Can Pull The Trigger'There are known knowns, there are things we know we know' http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2003/12/01/urums.xml&sSheet=/portal/2003/12/01/ixportaltop.html/news/2003/12/01/urums.xml Donald Rumsfeld, the American secretary of defence, has won the annual "Foot in Mouth" award for bad English. Mr Rumsfeld narrowly beat Arnold Schwarzenegger, the actor turned politician, and Chris Patten, the European Commissioner, to win the prize from the Plain English Campaign. The award singles out what judges believe to be the most baffling statement made by a public figure in the past year. Fiona Bruce, the BBC newsreader, will also hand out prizes at a ceremony in London tomorrow for the best and worst communication in business. Mr Rumsfeld, who is not expected to attend the ceremony, won the prize for a statement in which he told reporters about "unknown unknowns". He said: "Reports that say that something hasn't happened are always interesting to me because, as we know, there are known knowns; there are things we know we know. "We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns - the ones we don't know we don't know." Mr Schwarzenegger missed out on the top prize for comments in which he said gay marriage was "something that should be between a man and a woman". Mr Patten made a similarly nonsensical statement when he said the Conservative Party was "living to regret" having committed "political suicide". Sheldon (Shelly) Waxman, Writer/Lawyer "The Black Messiah Murders," Sam Cohen #1 "Piranhas On the Loose," Sam Cohen #2 "In the Teeth of the Wind," "All Anybody Needs to Know About Independent Contracting" PURCHASE AT MY WEBSITE: http://thelawyer.info/ OR Call Iuniverse toll free 1-877-823-9235 Archives05/01/2002 - 05/31/2002 06/01/2002 - 06/30/2002 07/01/2002 - 07/31/2002 08/01/2002 - 08/31/2002 09/01/2002 - 09/30/2002 10/01/2002 - 10/31/2002 11/01/2002 - 11/30/2002 12/01/2002 - 12/31/2002 01/01/2003 - 01/31/2003 02/01/2003 - 02/28/2003 03/01/2003 - 03/31/2003 04/01/2003 - 04/30/2003 05/01/2003 - 05/31/2003 06/01/2003 - 06/30/2003 07/01/2003 - 07/31/2003 08/01/2003 - 08/31/2003 09/01/2003 - 09/30/2003 10/01/2003 - 10/31/2003 11/01/2003 - 11/30/2003 12/01/2003 - 12/31/2003 01/01/2004 - 01/31/2004 02/01/2004 - 02/29/2004 03/01/2004 - 03/31/2004 04/01/2004 - 04/30/2004 05/01/2004 - 05/31/2004 06/01/2004 - 06/30/2004 07/01/2004 - 07/31/2004 08/01/2004 - 08/31/2004 09/01/2004 - 09/30/2004 10/01/2004 - 10/31/2004 11/01/2004 - 11/30/2004 12/01/2004 - 12/31/2004 02/01/2005 - 02/28/2005 03/01/2005 - 03/31/2005 04/01/2005 - 04/30/2005 05/01/2005 - 05/31/2005 06/01/2005 - 06/30/2005 07/01/2005 - 07/31/2005 08/01/2005 - 08/31/2005 09/01/2005 - 09/30/2005 10/01/2005 - 10/31/2005 11/01/2005 - 11/30/2005 12/01/2005 - 12/31/2005 01/01/2006 - 01/31/2006 02/01/2006 - 02/28/2006 03/01/2006 - 03/31/2006 04/01/2006 - 04/30/2006 05/01/2006 - 05/31/2006 06/01/2006 - 06/30/2006 07/01/2006 - 07/31/2006 08/01/2006 - 08/31/2006 09/01/2006 - 09/30/2006 10/01/2006 - 10/31/2006 11/01/2006 - 11/30/2006 |
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