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                    Tri Continental Film Festival 2008
                           July 25 - 30, 2008
                               Goa, India

              http://www.moviesgoa.org/page/tri_continental/
            http://www.moviesgoa.org/tricon/schedule_2008.pdf
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Mario Goveia wrote:
> As you have already told us, the central bankers are
> idiots when compared to your keen insight and
> perspicacity.

 
  
Mario,
The guy who is supposedly running your central bank (Fed?) has gone on record 
saying that he would counter deflation by dropping money from helicopters. The 
way he is countering inflation is even more hilarious. This morning the Fed 
announced that they would issue the most debt ever this quarter.....  
 
 
Also this morning, the International Monetary Fund (IMF) said that the bottom 
to the US housing slump was "not visible." Mortgages are being defaulted in 
record numbers and US banks are continuing to collapse. There IS a limit as to 
how many banks the Feds can save......
 
Once again, those holding on to US peso's are going to loose a lot of their 
purchasing power.
 
   
> The demise of the US economy in the longer run has
> always been exaggerated.  A more plausible reason is
> that there is no other currency large enough or safe
> enough to move from dollars in the short run.

  
Every Indian knows that he has to hold some of his wealth in gold. Let me take 
that back, every wealthy Indian knows this.  
 
 
 
 
>> I take my inspiration from the great George Bush (43).
>> Here is the quote: "I have made good judgements in the
>> past. I have made good judgements in the future." 
> Mario responds:
> Great quote you made up, Mervyn.  Ha, ha, ha! 
> Unfortunately, it is false.
 

 
Well, how about this one?
"We got plenty of money in Washington." 
George W. Bush, Washington, D.C., June 2, 2008
 
Mervyn Bush Lobo


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