By MITCH STACY Associated Press Writer
LONDON ( AP ) -- Watching President Clinton in the videotaped
deposition on TV in a west London pub, Tony Charlesworth said
he already knew more than he wanted to about Clinton's sex life.
``I don't need to be seeing this,'' said Charlesworth, a 31-year-old
London businessman. ``They should only show it to people who
need to see it. They're just humiliating him.''
From Johannesburg to Jordan and beyond, many people who
watched Clinton's questioning seemed to share a similar opinion.
Some viewers said they felt sorry for Clinton. Many agreed the
tape never should have been made public as it was on Monday.
But in Kuwait, former oil minister Ali al-Baghli called it a historic
day.
``The head of the most important country is accounting for
breaking the law, just like any ordinary person. I hope this will be
a lesson to us in the Third World,'' said al-Baghli.
Early editions of some British newspapers on Tuesday gave mixed
reactions.
Rupert Murdoch's The Sun, a British tabloid, led its front page
with the headline, ``Greatest Humiliation in American History.''
But The Times, another Murdoch-owned paper in Britain, ran a
front-page column by a former Conservative lawmaker that
sympathized with Clinton.
``This was medieval. It was cruel. This was like bear-baiting. ...
The questions were more offensive than the answers,'' columnist
Matthew Parris wrote. ``It was humiliating even to the viewer.''
Sky TV showed the entire videotape of Clinton's deposition.
Charlesworth, watching in the Sir Christopher Hatton pub, said he
thought Clinton did as well as he could with the probing,
embarrassing questions.
``He seems like an ordinary man trying to keep his wife and kid
from hearing the facts,'' Charlesworth said.
In Italy, Clinton's testimony was broadcast on two channels with
Italian voice-over.
``Everything they're doing is ridiculous,'' said Andrea Amedeo, 19,
a student in Rome. ``He's the leader of America and the world. ...
Leave him in peace to worry about the real problems.''
In Hong Kong, where passers-by watched on a screen at a
shopping mall, Lisa Wong said she ``supposed most people would
lie to keep such an affair secret.''
Germany's rail system ordered televisions in waiting rooms tuned
to a nature program rather than the Clinton videotape. Rail officials
said they wanted to protect children, but many adult Germans
were outraged by the whole affair.
``I find the whole business extremely upsetting,'' German
Chancellor Kohl said. ``I can only repeat, in my blunt way of
saying it, that it makes me throw up.''
The private Lebanese Broadcasting Corp. appeared to be the only
station in the Middle East carrying the simultaneous broadcast. But
the region was not blacked out -- in Jordan and elsewhere,
residents watched Clinton on Cable News Network.
``I disapprove of broadcasting the tape because I think it is purely
an attack on the democrats and it will not serve any good for the
United States of America,'' said book publisher Usama Sha'shaa,
who was interviewed in the Jordanian capital, Amman.
In Lagos, Nigeria, civil engineer Ike Awokiora tuned into the CNN
broadcast.
``It's pathetic,'' he said. ``The tape is disgusting and it is a shame
that the congressmen opted to inflict such pain on people all over
the world by showing us this rubbish.''
Giorgos Dedemadis, a 42-year-old mathematics teacher in Greece,
contrasted the grilling of Clinton about Monica Lewinsky to the
affair between the late Premier Andreas Papandreou and a younger
woman, whom he married in 1989.
``They say the United States is a mature democracy and a serious
country and you have a spectacle like this,'' Dedemadis said. ``At
least in Greece we were sophisticated enough to separate a leader's
private and public lives. It's clear Clinton's political opponents are
just out to get him. It's sad.''
Swiss German Television showed the video on its second channel
for over an hour, with a voice-over in German.
The right-of-center watchdog Swiss Television and Radio
Association said, ``We cannot see what possible information the
Swiss public could get out of this broadcast beyond pure
voyeurism.''
In Amsterdam, 45-year-old barkeeper Ruud Knapp watched from
his post at the Cafe Kalkhover.
``It's a soap, it's just about private sexual relationships, it's crazy,''
he said. ``It's very sad for the man. It's embarrassing. He's not
strong anymore.''
The Beatles
The Continuing Story Of Bungalow Bill
Hey, Bungalow Bill
What did you kill
Bungalow Bill?
He went out tiger hunting with his elephant and gun
In case of accidents he always took his mom
He's the all American bullet-headed saxon mother's son.
All the children sing
Hey Bungalow Bill
What did you kill
Bungalow Bill?
Deep in the jungle where the mighty tiger lies
Bill and his elephants were taken by surprise
So Captain Marvel zapped in right between the eyes
All the children sing
Hey, Bungalow Bill
What did you kill
Bungalow Bill?
The children asked him if to kill was not a sin
Not when he looked so fierce, his mother butted in
If looks could kill it would have been us instead of him
All the children sing
Hey, Bungalow Bill
What did you kill
Bungalow Bill?
Abrose Evans-Pritchard says WJC is a liar, and thinks the American public will eventually see him for what he is. Unfortunately, although AE-Pritchard has been able to see through the smokescreens for years, the American public has not been able to perceive the truth, until recently.
Even then, it is doubtful that the American public will ever see with the clarity of AE-P. Regardless, the seeds of doubt have been planted, and they will fester. WJC will never be the same, and neither will the US markets.
http://www.telegraph.co.uk:80/et?ac=000212128859152&rtmo=3uKqKwqM&atmo=99
999999&P4_FOLLOW_ON=/98/9/22/wamb22.html&pg=/et/98/9/22/wamb22.html
This was from Matt Drudge. Please paste together.
I am looking at gold bullion, commodity price indices, US treasuries ( 30 year ) , and the US dollar. There are clearly cyclical patterns relating all of these numbers -- 3 to 6 month cycles, and 1 - 2 year cycles.
If I multiply any two of the above indices together, I can see enhancement of some proportional cyclic behavior. And if I divide, the inversely proportional behavior is enhanced.
My question is this, what is the best way to analyse cyclical behavior to extract cycles or proportionality? Correlation coefficient? Autocorrelation? Multiple regression analysis?
My problem with these high-powered analytical techniques is that you must specify the time period of correlation ( or inverse correlation ) up front, and that is very time consuming if you use trial and error to choose the periods of interest. Easy to loose the cyclic information you are looking for if you choose unwisely.
Anyone know a way out of this dilemma? There must be something better than multiplication or division for analysis of market data when you do not know the appropriate time duration in advance.
Hope all is well --Kitco hasn't been graced by your posts for a few days.
With regard to Brazil, it seems that Cordozo is very popular. My best guess is that he will try to tread water until the Oct 10 ( 8? ) elections before he does anything drastic. Think he can do it?
One problem with trial and error is that if you home in on the wrong periodicity, you may get fooled into missing something more significant than what you actually found. Something like using Newton's analysis manually but missing the most interesting signal peak.
Ever use wavelet analysis for signal extraction?
You might try a search of this site for some additional ideas on your cyclical pattern analysis problem.
New York Futures:
Gold TURNING BEARISH
Silver, Copper BEARISH
Platinum VERY BEARISH
Palladium CAUTION
Click on Global Market View ( Left Menu )
then click on Item #4. ( Right Menu )
Rolly -
You're right - there are a number of books around on Japanese Candlesticks.
I'm sorry, but can't really recommend one over another as introductory texts, and I don't personally own any of them. Most of the candlestick information I know, was just picked up a little along.
The prices for the books are pretty high ( $50-60 ) and a couple are available at
but I would try to get one from the library if you can, before buying. I did find this additional site from iqc which looks pretty interesting:
http://www.iqc.com/analysis/candle/
By the way, I believe that among the services that iqc has available to subscribers, is an automated candlestick recognition program.
When you get to the point of trying to predict future events, an avaeraged composite of all previous cyclic events of that kind would be best. The idea would be to catalogue all repetitive events, either linear or nonlinear, in the hope that a predictive model can be created. This is presumably the essence of the MRCI model, and the Jeil model, undoubtedly created with similar, but different methods.
Analysis of such a model would need to be iterative, as the rules could change abruptly when major events shape the market response, such as the discovery the WJC might have been doing drugs in the White House, or the Bank of Japan discovers that they are insolvent due to a 'rogue' trader. Who knows what nasty surprises lurk out there?
Wouldn't it be nice if we could catalogue the nature of major surprise events so that we could predict new aperiodic outcomes? Catastrophe/Fibonacci theory would predict such a possibility, IMHO. Of course this requires that the analyst is sufficiently skilled to know the difference between a 'routine' event that does not disrupt former patterns, and a 'new, catastrophic' event that completely reshaps the market periodicity. Tall order, IMHO.
The ossified organization responds to all current crises in the same manner, triggering a highly predictable unfortunate temporal sequence of events, hence the watch handcuffs.
Do you know of any country that has successfully followed IMF recommendations? This is much more than just the inherent problems with FIAT currencies per se.
I guess this cartoon could also represent the Japanese bureaucracy, or any bureaucracy that has had enough time to get set in its ways, like our own Merican Federal Government.
Now, what would happen if those same attitudes were applied to the purchase of precious metals? 'I don't know why I'm buying it, but it's done good things...' Somehow, we've got to 'spin' an ad campaign out of this. Yes, I think this could be very good for what ails us. :- )
And the second group from the above could be the Central Bonkers?
TUESDAY
SEPTEMBER 22, 1998
Drug use probed in White House
Reports say 25 percent of staff has history
By David M. Bresnahan
Copyright 1998, WorldNetDaily.com
As heads are still spinning over sex, perjury,
abuse of power and security scandals in the White
House, trained dogs brought in by the Secret
Service detected drug use in and around the Oval
Office, sources tell WorldNetDaily.
While Independent Counsel Kenneth Starr is said
to be aware of the drug problems in the White
House, no mention of such problems were in his
report to Congress. But reports indicate as many
as 25 percent of the White House staff have a
history of illegal drug use, say the sources.
According to security protocols, White House
clearance is supposed to be denied those with
significant illegal drug use. Past administrations
welcomed FBI checks to weed out applicants and
avoid scandal. But the Clinton administration has
stymied FBI efforts to keep known drug users off
the White House staff.
A security clearance is required to gain access to
various parts of the White House and to see
certain documents. Yet, even as an intern, Monica
Lewinsky had a top-level security clearance
which enabled her to gain access to the White
House at any time, day or night. Such access for
an intern was not unusual, just questionable, say
FBI sources. Several sources have reported
independently of each other that Monica
Lewinsky's dress not only had evidence of a
sexual encounter with Bill Clinton, but also traces
of cocaine.
"There was a significant amount of cocaine
residue," said one source close to the FBI. Another
source with ties to the White House Secret Service
confirmed the allegations and was astonished the
Starr report does not mention more about the
dress.
"The dress is not the only evidence Starr has
regarding drugs in the Oval Office," said the
source.
Former FBI agent Gary Aldrich, who was
stationed at the White House during the Bush and
early Clinton years and who was responsible for
background checks of prospective employees,
confirmed reports that drug users have the run of
the chief executive's offices.
Allegations of drug use have long followed Bill
Clinton throughout his political career. He is
known to have had regular social activity with
Dan Lasater, a convicted cocaine dealer, in
Arkansas during the 1980s. Lasater was arrested
for illegal drug trafficking, along with Roger
Clinton, the president's brother. While Lasater
was in jail, Patsy Thomasson was given power of
attorney to run Lasater's investment business.
That business was suspected of laundering illegal
drug money, according to a former investigator
involved with that case. Lasater was later
pardoned by Gov. Clinton.
The fact that Thomasson was placed in charge of
the White House employee drug-testing program
alarmed Aldrich, who voiced his concerns of
White House security problems in his book
"Unlimited Access."
Previous administrations used the FBI
background investigation as a type of screening
process for potential White House employees.
The Clinton administration looked at the FBI as an
obstacle to be overcome, charged Aldrich.
"They took a totally cavalier attitude towards
security clearance investigations and totally
disregarded what the FBI brought to them by way
of evidence of serious wrongdoing in a persons
past," said Aldrich. "They kept the Secret Service
from even knowing the results of these
investigations. Which of course is absurd. They're
the ones that are supposed to protect the White
House and the president from unsuitable people
in the first place. But they didn't want the Secret
Service to know that upwards of 25 percent of
their staff members had serious experience with
significant illegal drugs, for example."
Drug use was not just by low-level staff. It
included "Cabinet-level people too," said Aldrich.
"It was like a circus side show in the Clinton
White House, except it wasn't funny and it
certainly wasn't entertaining," he added.
His investigations turned up other problems that
should have also prevented a large number of the
Clinton staff from getting security clearances. He
found many violations of federal laws, failure to
pay student loans, previous employment
dishonesty that resulted in dismissals, refusal to
pay federal income taxes, and some had serious
mental disorders requiring medication to function
and maintain emotional stability.
Aldrich says his information and evidence points
to continued drug use and security problems in
the White House to this very day.
"They treated drug use as a normal part of their
lifestyle activity," he said. "This was the scary
thing. There was no evidence that they felt
inclined to stop using drugs once they became a
White House employee."
The use of drugs in the White House may be
shocking, but not as shocking as other evidence
Aldrich and other sources claim Starr has not yet
reported to Congress. There is evidence involving
abuse of power surrounding the White House
Travel Office scandal, and the misuse of FBI files.
National security may also have been
compromised when favors were done for Red
Chinese agents in exchange for
multimillion-dollar campaign donations.
Aldrich and other sources speculate that the
failure of Starr to release information on these
scandals may be a deliberate effort to spare the
country the agony of dealing with such difficult
subjects.
"Perhaps as a country we would have difficulty
going there to determine that the president, or
some of his people in fact were involved in
treasonous matters," said Aldrich. "So maybe it's
just easier to let him off the hook on a sexual
escapade matter. I don't know. Ken Starr's had
four years and lots and lots of FBI agents to look
into all these things, but I don't think Ken Starr's
empowered to make these kinds of lofty huge
decisions on how to proceed. If in fact these
reports are softballs on Travelgate and Filegate,
then I'm going to be suspicious that somebody or
somebodies have sat down and decided that it's
just not politically digestible to report what
Clinton has actually done."
Aldrich speculates that Starr may be hoping
Clinton resigns rather than face the music of more
serious wrongdoing. But the former FBI agent
does not believe that strategy will work. He says
Clinton thinks he can overcome such scandals.
"I don't believe he's going to go easily," says
Aldrich. "It's going to be a long, dirty battle that
will be destructive to the country in many ways."
David Bresnahan, a WorldNetDaily contributing
editor, hosts "Talk USA Investigative Reports"
and is the author of "Cover Up: The Art and
Science of Political Deception." His email address
1998 Western Journalism Center
away...to lick wounds
stoppedoutonlytowatchrise
My option strategies will make it ALL right again.......perhaps...eh Kuston?
PATHS - may the fleas of ONE THOUSAND camels infest your nether region............having such words with TOL#1 is not a good way to 'make friends and influence peopleos'.......uh uh. one more thing.......
http://www.kitco.com/pub/discussion/FINGER.JPG
uh huh!
Candlesticks: "Japanese Candlestick Technical Analysis" and "Beyond Candlesticks" by Nison.
Rangy news - Is this good or bad for the stock?
In this context, $20 Billion PER MONTH shouldn't have much of an impact. Sort of like filling the ocean through a garden hose and looking for the effects on the waves. The only time it should show much of an effect is in an uptrending market, especially in times of low volatility.
Canadians: Please divert your course 15 degrees the South to avoid a collision.
Americans: Recommend you divert your course 15 degrees the North to avoid a collision.
Canadians: Negative. You will have to divert your course 15 degrees to the South to avoid a collision.
Americans: This is the Captain of a US Navy ship. I say again, divert YOUR course.
Canadians: No. I say again, you divert YOUR course.
Americans: THIS IS THE AIRCRAFT CARRIER USS LINCOLN, THE SECOND LARGEST SHIP IN THE UNITED STATES' ATLANTIC FLEET. WE ARE ACCOMPANIED BY THREE DESTROYERS, THREE CRUISERS AND NUMEROUS SUPPORT VESSELS. I DEMAND THAT YOU CHANGE YOUR COURSE 15 DEGREES NORTH, I SAY AGAIN, THAT'S ONE FIVE DEGREES NORTH, OR COUNTERMEASURES WILL BE UNDERTAKEN TO ENSURE THE SAFETY OF THIS SHIP.
Canadians: This is a lighthouse. Your call.
http://www.worldnetdaily.com/exclusiv/980922.exbre_drug_use_prob.html
This may explain why K Starr has only presented his report on Monica Lewinsky so far, hoping that WJC may step down. It is possible that WJC has already been confronted with a list of criminal activity ( such as drug use in the White House ) , and has refused to step down. WJC probably is betting that his popularity and charisma will protect him from anything his attackers can send his way. Reminds me of the Prince of lies.
It looks like the first KS blow has been parried -- now how about the next? And when? Or has KS run out of steam?
Gary Aldrich's comments are especially enlightening about WJC. 'I don't believe he ( WJC ) will go easily'. 'It's going to be a long, dirty battle that will be destructive to the country in many ways.'
The answer is simple -- she needs him to protect her from serious criminal charges of some kind.
It is also possible that resignation is not an option for WJC, because the shady group that launched him into power might then consider him expendable.
If the above scenario is correct, it is truly unfortunate that America and the American people will have to experience the trauma and disillusionment that could occur. Lets get it over with relatively painlessly, whatever happens.
Caper - Ted lives in Swans Island, Maine. He is busting his ass daily building his new digs.....that is all. Put that baby to bed.
Glenn - gold@2-2-5? whoulda thunk it? Hmmmmmmmmm......
away..to scratch my noggin...
Hillary smiles, waves and hides her pain
WASHINGTON ( CP ) -- The intensity of Hillary Clinton's smile seems to have become more fixed as her public humiliation deepens.
If she is aching through some personal agony as the seamy details of her husband's dalliance with Monica Lewinsky are given continuous airing, she is hiding her pain behind a brick wall of smiles and waves during a whirlwind of public appearances.
There have been no cracks in the wall and no public wallowing in misery.
"She doesn't wallow," said Marsha Berry, her spokeswoman.
Hillary Clinton has not gone into hiding. Fundraisers, 4-H Club events, meetings of feminist Democrats -- she is only too pleased to appear at them all.
While many Democrats have been shunning Bill Clinton, everyone wants to be with Hillary.
"I think it's remarkable that when you talk to Democratic candidates and consultants, almost to a person, they don't want the president to campaign with them, they do want the first lady," said political analyst Stuart Rothenberg.
Hillary's crowds are uniformly adoring. But they also sift through her speeches for some hint of the domestic devestation her husband has wrought.
The U.S. president has repeatedly referred to the "painful work" he needs to do to repair his marriage. His wife has never addressed the issue in public. So her body language, her demeanour and her public pronouncements are intensely scrutinized for some sign of turmoil.
She hasn't given a waiting world a single hint.
"I think there's a lot you can help teach Americans about resilience and hope and grit and determination," she told children last week at the National 4-H Centre in Chevy Chase, Md.
The remarks were aimed at the adolescents. Who could not have wondered if she were referring to herself?
How can she absorb the sight of her husband admitting to a nationally television audience that he and Lewinsky enjoyed a series of clumsy Oval Office gropes, while she unknowingly sat one floor above in the White House residence?
Her spokeswoman repeats a mantra whenever questions are raised about the Clintons' marriage.
"She has made it clear that she supports her husband, she loves him and she forgives him," Berry said.
She has not only forgiven his indiscretions in the past, she has rescued his political career in the process.
Her rock-solid support while braying "I'm not some little Tammy Wynette" during a 60 Minutes appearance with her husband saved Clinton's presidential campaign in 1992, when Gennifer Flowers decided the week before the New Hampshire primary was a good time to let the world know she and then-governor Clinton had been lovers.
When the vaunted White House crisis machine was gasping and sputtering for days after reports of Clinton's assignation with Lewinsky were initially made public, it was Hillary again who took the wheel.
She went on national television and blamed the latest threat to her 23-year marriage on a "politically motivated" prosecutor allied with a "vast right-wing conspiracy."
Her husband's standing in opinion polls soared.
She hasn't said a word about her since Sept. 11 when Kenneth Starr first laid out the unvarnished details of her husband's latest infidelity.
Her spokeswoman insists she didn't read the report or watch her husband's videotaped testimony broadcast Monday. She only watches television to catch her home town Chicago Cubs and Sammy Sosa's pursuit of the home-run record.
Public sympathy has been overwhelming. But Internet sites dedicated to the Clintons are clogged with those who say her insistence on staying with a serial adulterer serves as a bad example to all wronged women.
"How could any real woman stay with a man who has jumped in other women's beds for many years?" asked one woman who identified herself as Sue.
An answer might be found in her childhood in Chicago, when almost all of her friends were rocked by their parents' divorce.
"My strong feelings about divorce and its effects on children have caused me to bite my tongue more than a few times during my own marriage and to think instead about what I could do to be a better wife and partner," she wrote in her book, It Takes A Village.
So she smiles and buries her pain. She holds hands with her wayward husband at a state dinner for Vaclav Havel and laughs as he mouths the words to Mustang Sally as they rock on the dance floor.
And when the Peace Corps director introduces her as someone who would make a great overseas volunteer, her response reveals a tiny crack in the brick wall: "Maybe I'll just leave this afternoon. Point me in the right direction.
Auric - G'day. I think you are right. I was just making fun. I am waiting for the day when EVERYONE but 'little ole me' turns in their Mounties leaving ONLY ONE left. MINE! It will be worth SQUILLIONS!!!$$$$$$$$ YAHOOOOOOOOOO!$$$!$$!$!!$!$!$!$!$!$!$!
StudioR - I said he is waitin for the dereg thingy..............damn gubments......screwin the works again.........AGULP-o-rum to ya........sailin' on the good ship..........aaaaargh matey!
away...
One key question -- who is going to get stuck with the bailout bill? The EMU, the US government, or the American people? And -- what has been done with the Brazilian infrastructure to indicate that the bailout funds will have any lasting effect? Is the Brazilian economy any more vibrant than the economies of the SEAsian countries before their financial crisis?
What I fear is that the G7 sets up the last line in the sand, but just delays the inevitable. But, in the process the American people get saddled with some more debt. Still don't know how they will get the money if the IMF can't get $18 billion US.
By the way, what happened to that 1.4 trillion US in debt that went sour when SEAsia folded? Mostly Japanese and European. Rolled over yet?
Find out more about Kitco at info@kitco.com, or call 1-800-363-7053.
Copyright © 1996 Kitco Minerals & Metals Inc.
Former pres of citicorp says IMF not effective,counter-productive. The banker man seems honest, Writzer I belive, I'm impressed....this has to be a great country to come up with men like this. Right?