[Homestead] New Bretton Woods ?

Bunjov at aol.com Bunjov at aol.com
Fri Oct 10 14:18:25 EDT 2008


Over my head, too.
It's scary.
On the one hand, I feel peaceful looking back at the afore-mentioned  pioneer 
days...simplfy! Simplify! 
By varying degrees, I am first a neighborhoodie, then a regionalist, and  
then - at most - hemispheric.
Beyond that thinking is when I get nervous.
Doesn't mean that different cultures and beliefs wouldn't be welcomed and  
accepted (we had an impromptu Multi-Cultural Festival last year - with food and  
music from all over - put together in a couple of days by the local Chamber 
of  Commerce) - 
I guess I just don't like the feeling that matters have gotten out of  my 
hands and that I am suffering from a lack of control over my environment and  my 
affairs -
Sandy
Mid-Mojave
P.S. Think of the two-faced Harlequin which is used as the international  
symbol for comedy / drama. It's a toss-up. Hard to reconcile the yearning to  
play in the dirt with the fact that Star Trek is indeed, out there, and my inner  
Luddite gets squashed.
 
 
In a message dated 10/10/2008 10:45:41 A.M. Pacific Standard Time,  
lynnw1366 at hotmail.com writes:


Global economy is so far over my head...is this a good thing or a  bad 
thing? I tend not to like 'globalization' of anything, but what do I  know?

Lynn Wigglesworth

bob ford wrote:
>  The first  paragraph is possibly ominous, depending upon a person's 
interpretation  ....bobford
>  ------------------------------------------------------------------------
>  
> 
> UPDATE:Italy PM: Global Rewrite Of Financial Rules Being  Mulled
> 
> 
> 
> (Recasts, adds details, background.)  
> 
> ROME -(Dow Jones)- Italian Premier Silvio Berlusconi Friday  said world 
leaders were mulling to rewrite global financial rules to stem the  spreading 
financial market crisis.
> 
> Berlusconi told a press  conference that leaders were considering to 
suspend global markets as they  rewrite the rules, but later backtracked and said it 
was simply  rumors.
> 
> "There are several options, but I think the will to  rewrite international 
financial rules is quite advanced and shared,"  Berlusconi said when asked 
what measures world leaders were discussing to  tackle the crisis.
> 
> "There are discussions about a new Bretton  Woods. There are discussions 
about suspending markets for the time that is  needed to rewrite the rules," he 
added.
> 
> The Italian premier  later told reporters that no leader had ever proposed 
to close markets and  that it was "just a rumor that's been circulating for 
some time."
>  
> Top officials from the world's leading nations met at Bretton Woods,  New 
Hampshire, in 1944 to create a new international monetary system. Because  the 
United States at the time accounted for more than half of the world's  output 
and had most of the world's gold, the leaders decided to tie world  currencies 
to the dollar.
> 
> Finance ministers from the Group of  Seven leading industrial nations 
meeting in Washington D.C. Friday and this  weekend must embrace a "concrete plan" 
to support the financial system, a  group of prominent economists said.
> 
> Berlusconi said the  financial crisis needed a global response, adding 
European Union leaders may  meet in Paris Sunday and G8 leaders soon after to 
discuss what can be done to  stop it. 
> 
> -By Luca Di Leo, Dow Jones Newswires; +39 06  69766921; 
luca.dileo at dowjones.com
> 
> 
>  
>   (END) Dow Jones Newswires
>    10-10-081120ET
>   Copyright (c) 2008 Dow Jones & Company,  Inc.
> 
>  
http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20081010%5CACQDJON200810101120DOWJONESDJONLINE000654.htm&&mypage=newsheadlines&title=UPDATE:Italy%
20PM:%20Global%20Rewrite%20Of%20Financial%20Rules%20Being%20Mulled
>   
> 
> 
> 
>       
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