posted on Oct, 31 2007 @ 11:58 AM
Amazing timing this morning...FOMC meeting and all.
The
World Economic Forum looks great on the surface, but this outfit has been characterized as
anti-woman, elitist, and unbalanced. Criticised for endorsing policies that undermine the economic interests of poorer nations...it's annual
gatherings attract high-ranking politicians, big business representatives, and public demonstrations similar to the IMF & the World Bank. Another
wolf-in-sheep's-clothing?
The fact that it's membership is 'unfairly' weighted in favor of representation from the US & Europe...might have something to do with the release of
this 'unbiased' survey today. Still no US media reaction the possibility that OPEC may consider linking oil to a basket of currencies, but CNN has no
problem reporting this suspect WEF survey on Fed-day.
The article's headline doesn't really square with;
the greatest flaw was economic instability, according to the survey. ??? I think you'll find
a couple of other inconsistencies too.
The price of Gold is favoring a rate-cut today, and apparently the spin machine is determined to stay ahead of the printing press.
money.cnn.com
(visit the link for the full news article)