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Author Topic: ** CSHD **
a surfer
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rumor that one or two firms that have started covering. Thats why the price went up today
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10of13
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It will only take one firm to finally break for all the rest to follow and cover...
Firm=broker

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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10of13
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Speculation that Tut thinks maybe some of the smaller firms have decided to cut their losses and start covering

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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sugarsmack
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speculating that tomorrow will be another strong day and possibly stronger than today
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a surfer
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where do you think the stock closes tom.

the same maybe stronger than today.

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10of13
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Tut...stuff
~This has great potential for you and all your childrens children....(Does he know how many kids I have?)
~all clues and fact are there for us to see....once in a life time opp..
~look at UN, Trilateral Commision, Free Masons, Illuminati, republican party, New world order, World Bank.
~It will only take one firm to finally break for all the rest to follow and cover...
Firm=broker
~Speculation that Tut thinks maybe some of the smaller firms have decided to cut their losses and start covering
~Simon asked Tut if this will be the last stock that he trades since it is suppose to be so good...
Tut said it could be BUT it won't because of the business that he is in.
~Tut thinks tomorrow will be another strong day

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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sugarsmack
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The Illuminati is the name of many groups, modern and historical, real and fictitious, verified and alleged. Most commonly The Illuminati refers specifically to the Bavarian Illuminati, an Enlightenment secret society. However, it often refers to a shadowy conspiratorial organization which is reputed to secretly control world affairs, usually a modern incarnation or continuation of the Bavarian Illuminati. In this conspiratorial context, Illuminati is often used in reference to a New World Order (NWO). The Illuminati are believed to be the brains behind the events which will supposedly lead to a New World Order, in which the world will be run by a single, fascist government, and a large portion of the human race will be eliminated.
wikipedia

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wallymac
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quote:
Originally posted by a surfer:
we are hours to days away!!!

WOW. Now that is earth shattering. How does he know these things. He said he doesn't know Rufus so maybe it's his connection to the Mason or the Illumati or the New World Order. You just can't buy information this illuminating. (tongue in cheek)

GLTA
Wally

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10of13
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LMAO..Wally...

quote:
Originally posted by wallymac:
quote:
Originally posted by a surfer:
we are hours to days away!!!

WOW. Now that is earth shattering. How does he know these things. He said he doesn't know Rufus so maybe it's his connection to the Mason or the Illumati or the New World Order. You just can't buy information this illuminating. (tongue in cheek)

GLTA
Wally



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wallymac
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quote:
Originally posted by sugarsmack:
The Illuminati is the name of many groups, modern and historical, real and fictitious, verified and alleged. Most commonly The Illuminati refers specifically to the Bavarian Illuminati, an Enlightenment secret society. However, it often refers to a shadowy conspiratorial organization which is reputed to secretly control world affairs, usually a modern incarnation or continuation of the Bavarian Illuminati. In this conspiratorial context, Illuminati is often used in reference to a New World Order (NWO). The Illuminati are believed to be the brains behind the events which will supposedly lead to a New World Order, in which the world will be run by a single, fascist government, and a large portion of the human race will be eliminated.

Now this really makes me want to put my money into this stock. Maybe if we own shares we will be spared but the rest of humanity will be eliminated. Maybe I don't have enough shares and only the largest shareholders will survive. Wait a minute this is why we need our names on the list, it has nothing to do with the stock but life itself.(More tongue in cheek)

GLTA
Wally

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a surfer
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wally be nice... LOL

Just repeating for the non-listeners

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T e x
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ha ha ha hooooo wheee....

I started to post "Illuminati" this morning, jokingly. Now this...

Robert Anton Wilson, et al.

looks as though all involved are spider-webbed into the "23" conspiracy...


[Eek!]

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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sugarsmack
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quote:
Originally posted by wallymac:
quote:
Originally posted by sugarsmack:
The Illuminati is the name of many groups, modern and historical, real and fictitious, verified and alleged. Most commonly The Illuminati refers specifically to the Bavarian Illuminati, an Enlightenment secret society. However, it often refers to a shadowy conspiratorial organization which is reputed to secretly control world affairs, usually a modern incarnation or continuation of the Bavarian Illuminati. In this conspiratorial context, Illuminati is often used in reference to a New World Order (NWO). The Illuminati are believed to be the brains behind the events which will supposedly lead to a New World Order, in which the world will be run by a single, fascist government, and a large portion of the human race will be eliminated.

Now this really makes me want to put my money into this stock. Maybe if we own shares we will be spared but the rest of humanity will be eliminated. Maybe I don't have enough shares and only the largest shareholders will survive. Wait a minute this is why we need our names on the list, it has nothing to do with the stock but life itself.(More tongue in cheek)

GLTA
Wally

hey...wikipedia. [Smile]
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sugarsmack
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don't kill the messenger...lol
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tompom
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quote:
Originally posted by sugarsmack:
The Illuminati is the name of many groups, modern and historical, real and fictitious, verified and alleged. Most commonly The Illuminati refers specifically to the Bavarian Illuminati, an Enlightenment secret society. However, it often refers to a shadowy conspiratorial organization which is reputed to secretly control world affairs, usually a modern incarnation or continuation of the Bavarian Illuminati. In this conspiratorial context, Illuminati is often used in reference to a New World Order (NWO). The Illuminati are believed to be the brains behind the events which will supposedly lead to a New World Order, in which the world will be run by a single, fascist government, and a large portion of the human race will be eliminated.
wikipedia

now i get the picture!
rufus is the guy who grabbed the missing gold from the wtc on 9/11
it all makes sense now....lol

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glassman
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i read a couple RA Wilson's books, what a hoot..
submarines and all...

Carlos Castanedas books were much better...

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Don't envy the happiness of those who live in a fool's paradise.

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sugarsmack
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quote:
Originally posted by tompom:
quote:
Originally posted by sugarsmack:
The Illuminati is the name of many groups, modern and historical, real and fictitious, verified and alleged. Most commonly The Illuminati refers specifically to the Bavarian Illuminati, an Enlightenment secret society. However, it often refers to a shadowy conspiratorial organization which is reputed to secretly control world affairs, usually a modern incarnation or continuation of the Bavarian Illuminati. In this conspiratorial context, Illuminati is often used in reference to a New World Order (NWO). The Illuminati are believed to be the brains behind the events which will supposedly lead to a New World Order, in which the world will be run by a single, fascist government, and a large portion of the human race will be eliminated.
wikipedia

now i get the picture!
rufus is the guy who grabbed the missing gold from the wtc on 9/11
it all makes sense now....lol

see?? [Big Grin]
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tompom
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quote:
Originally posted by glassman:
i read a couple RA Wilson's books, what a hoot..
submarines and all...

Carlos Castanedas books were much better...

i´m done with peyote...
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sugarsmack
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quote:
Originally posted by tompom:
quote:
Originally posted by glassman:
i read a couple RA Wilson's books, what a hoot..
submarines and all...

Carlos Castanedas books were much better...

i´m done with peyote...
lol
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wallymac
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quote:
Originally posted by sugarsmack:
don't kill the messenger...lol

Not you the message.

I just find it really funny how a stock play that started with wood under water in the Amazon has turned into one of the best espionage thriller I have read and I have read quite a few over the years.

GLTA
Wally

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10of13
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Glass? Are you listening? Tut is going to lead the fight to put an end to the NS...

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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wallymac
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quote:
Originally posted by glassman:
i read a couple RA Wilson's books, what a hoot..
submarines and all...

Carlos Castanedas books were much better...

I read all of Castanedas books when in college and loved them. Many people never heard of them.

I am being nice just can't pass up a good laugh.

GLTA
Wally

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sugarsmack
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have you seen hsm? it has been pretty loopy tonight as well.
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wallymac
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quote:
Originally posted by tompom:
quote:
Originally posted by glassman:
i read a couple RA Wilson's books, what a hoot..
submarines and all...

Carlos Castanedas books were much better...

i´m done with peyote...
I had to give up the peyote too. Even though all this is making me feel like I'm having a flashback. [Big Grin]

GLTA
Wally

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glassman
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Carlos started off as a serious academic, but he lost "objectivity" [Wink]
 -

i suspect it was the datura that got him tho....

the "green man" (cactus) and the little smoke (mushroom) aren't that toxic, but datura (jimsonweed) is pretty ruff stuff...

i haven't listened to Tut, but? i have a hard time calling the trilateral stuff and the illuminati DD...

entertainment? sure....

and? of course i wanna get rid of naked shorting, but you guys gotta realise that testifying before congress and claiming you are being helped by the Illuminati won't get you much "traction"

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Don't envy the happiness of those who live in a fool's paradise.

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Chart walker
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wow... NEVER a boring night huh?! ha ~

Well, I suppose this Tut is whacked, ...
-or maybe he's not...

Time will tell.

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The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

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wallymac
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quote:
Originally posted by glassman:
Carlos started off as a serious academic, but he lost "objectivity" [Wink]
 -

i suspect it was the datura that got him tho....

the "green man" (cactus) and the little smoke (mushroom) aren't that toxic, but datura (jimsonweed) is pretty ruff stuff...

i haven't listened to Tut, but? i have a hard time calling the trilateral stuff adn the illuminati DD...

entertainment? sure....

Agreed on all counts.
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Slimpickens
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great day, hope tommorrow is better.

p.s. harry open the door and let some smoke out.

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Slim

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sandor butosi
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The New World Order is Here
...and what shall be the sign of thy coming, and of the end of the world?

Secret Societies Exposed by RIE
"One stepping stone into these secret societies is the Skull & Bones Society at Yale University, as well depicted in the movie "The Skulls". Who's Who of the Elite names all of the members of this shadow government, and reveals where they work, the secret societies that they belong to, and their job titles, so that you can see the stranglehold that they have on our federal government, the mainstream news media, industry, labor unions, universities, foundations, the Supreme Court, and all facets of the financial world. If you want the details of this EVIL effort, take the time to read all of the information contained on this site. If you do, you will never watch the news on TV, or read the news magazines and newspapers the same way that you do now."

WAKE UP AMERICA
"...there is a power so organized, so subtle, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it." --- President Woodrow Wilson. This is the most extensive list of links to Secret Societies and information that I have found yet, but some information has been confirmed as incorrect.

Skull & Bones, 1832
It all began at Yale. In 1832, General William Huntington Russell and Alphonso Taft put together a super secret society for the elite children of the Anglo- American Wall Street banking establishment. William Huntington Russell's step-brother Samuel Russell ran "Russell & Co.", the world's largest OPIUMsmuggling operation in the world at the time. Alphonso Taft is the Grandfather of our ex-president Howard Taft, the creator of the Forerunner to the United Nations.

Skull and Bones
"Actual Membership List of Skull & Bones" including the Rockefeller, Weyerhaeuser, & Pillsbury Families to name a few, and William Averall Harriman related to Pamela Harriman who supplied the funds to elect Bill Clinton to office.

YALE'S SKULL & BONES SOCIETY MEMBERS
So, the following semi-final list is about 97% accurate. Some Presidents are: William Howard Taft, 1878; George Bush, 1948; and George W. Bush nickname 'Temporary,' 1968 third generation from Prescott Sheldon Bush, 1917 who was a Financier of Adolf Hitler & The USSR! G. Bush Sr. spoke in one of his State of the Union speeches is 'a big idea, a New World Order.' More has been said on the History Channel documentaries.

Skull and Bones
a capsule history and an intimate peek at one section of the US Ruling Class

SECRET MEANINGS OF MASONIC SYMBOLS AND GOALS
The power of the Masonic bond was evidenced in the impeachment trial of President Clinton. In high school Clinton had been president of the Masonic youth group De Molay and in 1988 was inducted into the International De Molay Hall-of-Fame. Three Senators, all 33rd degree Masons, were instrumental in his acquittal : Majority Leader Trent Lott limited the time and the number ofwitnesses available to the House prosecutors; Republican Arlen Specter led the 10 Republican Senators who voted to acquit; Democrat Robert C. Byrd, although publicly acknowledgingClinton's guilt, actually voted for acquittal, and set the example for all other Democrats.

Skull and Bones Society
Its members always deny membership (or are supposed to deny membership) and in checking hundreds of autobiographical listings for members we found only half a dozen who cited an affiliation with Skull & Bones. The rest were silent. An interesting point is whether the many members in various Administrations or who hold government positions have declared their members in the biographical data supplied for FBI 'background checks'.

George W., Knight of Eulogia
A rare look inside Skull and Bones, the Yale secret society and sometime haunt of the presumptive Republican nominee for President.

The Bilderberg, 1932, home page One photo available.
'The High Priests of Globalisation.' Bilderberg is an extremely influential lobbying group. The Bilderberg Secretariat proclaims the conferences to be '...private in order to encourage frank and open discussion'. If what they discuss is for the good of ordinary people why not publicise it! Prince Bernhard of the Netherlands once wore the black uniform of Hitler’s SS is quite true.

The Bilderberg Group - The Invisible Power House -
With its membership selected from the power élite of Europe and North America, many wonder if the Bilderbergers are conspiring to establish a 'new world order'. Reported attendies to meetings are: Bill Clinton, Tony Blair, David Rockefeller, Henry Kissinger, Peter Jennings, and about 115 powerful people.

SEVENTEEN YEARS OF BILDERBERGERS
SEVENTEEN YEARS OF BILDERBERGERS INCLUDING THE 2000 INVITEES AND THEIR ELITE AFFILIATIONS* William (Bill) Jefferson Clinton, BB/CFR/RS/TC; Gerald Rudolph Ford, Jr., BB/CFR; Henry Alfred Kissinger, BB/CFR/TC J; Walter Fritz Mondale, BB/CFR/TC; Colin L. Powell, BB/CFR; David Rockefeller, BB/CFR/TC; William J. McDonough, President, Federal Reserve Bank of New York

BILDERBERG 2004
The 50th anniversary of the first meeting in 1954 did meet in Stresa, Italy 3-6 June 2004. The Conference did deal mainly with European American relations and in this context US Politics, Iraq, The Middle East., European Geopolitics, NATO, China, Economoic Problems and Energy......

Council on Foreign Relations, 1921
THE COUNCIL TAKES NO INSTITUTIONAL POSITION ON POLICY ISSUES AND HAS NO AFFILIATION WITH THE U.S. GOVERNMENT. ALL STATEMENTS OF FACT AND EXPRESSIONS OF OPINION CONTAINED IN ALL ITS PUBLICATIONS ARE THE SOLE RESPONSIBILITY OF THE AUTHOR OR AUTHORS. Is this a lie or what?

COUNCIL ON FOREIGN RELATIONS, Members
CFR members Presidents Richard Nixon and Gerald Ford, Dean Rusk, Robert McNamara, Henry Cabot Lodge, and Henry Kissinger overlooked a no-win war in Vietnam after sacrificing 55,000 American casualties. The names of hundreds of media executives and journalists can be found on the CFR membership roster.

THE ILLUMINATI, AND THE COUNCIL ON FOREIGN RELATIONS
"The question of how and why the United Nations is the crux of the great conspiracy to destroy the sovereignty of the United States and the enslavement of the American people within a U.N. one-world dictatorship is a complete and unknown mystery to the vast majority of the American people."

THE ILLUMINATI, May 1, 1776
"Now, let's go back to the birth of the Illuminati. Adam Weishaupt was a Jesuit-trained professor of canon law, teaching in Engelstock University, when he defected from Christianity to embrace the luciferian conspiracy. Weishaupt completed his task May 1, 1776. Now you know why May 1 is the great day with all communist nations to this very day.

List of the Knights of the Garter
A list of all knights from 1348 to 1939, adapted from Edmund H. Fellowes: The Knights of the Garter 1348-1939, and A list of all knights from 1904 to the present, provided in April 1999 by Christopher Buyers on the newsgroup alt.talk.royalty. Some are: 904 (app 1947) Princess Elizabeth, Duchess of Edinburgh. Subsequently Queen ELIZABETH II; 924 (app 26.7.1958) Charles Philip Arthur George, Prince of Wales; & 992 (app 26.5.1998) Akihito, Emperor of Japan.

Initial Membership List of the Knights of Malta
A list of some members: Prescott Bush, Jr.; William F. Buckley, Jr.; Alexander Haig; Cardinal Francis Spellman.

European Templar Heritage Research Network, 1118, home page
In 1118, the two knights along with seven companions presented themselves to the younger brother of Godfroi de Bouillon who had accepted the title of King Baudoin I of Jerusalem.

The Grand Encampment of Knights Templar, home page
The Grand Encampment of Knights Templar of the United States of America is the national governing body of the Knights Templar, a Christian-oriented fraternal organization and an integral part of the Masonic Fraternity.

Initial List of 33rd Degree Masons
A list of some members: John Wilkes Booth; George Bush; Senator Byrd; Senator Bob Dole; Gerald Ford; J. Edgar Hoover; Jessie James; Franklin D. Roosevelt; James Rothschild; Rev. Jim Shaw; Harry Truman; Earl Warren; H.G. Wells

Rhodes Scholars, 1902, home page
The Rhodes Scholarships, oldest of the international study awards available to American students, were created in 1902 by the Will of Cecil Rhodes, British philanthropist and colonial pioneer.

Rhodes Scholars Exposed
What a disappointment. All my life I had been led to believe that Rhodes Scholars and Oxford University were ultimate goals is scholarly achievement. They are quite intelligent, but that is where it ends. It seems that they are trained to be party goers that plan on taking advantage and control of the masses. Their bond is to not reveal their amoral character. Class of 1968: CLINTON, WILLIAM JEFFERSON - CFR - TC. Note: a "- CFR" behind the name means the Rhodes Scholar is/was a member of the Council on Foreign Relations, a – TC" behind the name means the person is/was a member of the Trilateral Commission

The Trilateral Commission, 1973, home page
When the Trilateral Commission was first launched, the plan was for an equal number of members from each of the three regions. North American Chairman; Paul A. Volcker served as Chairman of the Board of Governors of the U.S. Federal Reserve System from 1979-87. Mr. Volcker divided the earlier stages of his career between the Federal Reserve Bank of New York, Chase Manhattan Bank, and the Treasury Department.

The Trilateral Commission EXECUTIVE COMMITTEE
Henry Kissinger, Chairman, Kissinger Associates, Inc; former U.S. Secretary of State; former Assistant to the President for National Security Affairs.

The Trilateral Commission
"...a vehicle for multinational consolidation of commercial and banking interests by seizing control of the political government of the United States." by Barry Goldwater.

The Trilateral Commission -- A Council on Foreign Relations Front Organization
The Trilateral Commission is a Council on Foreign Relations front organization, established to influence American foreign policy, and facilitate Council on Foreign Relations expansion into Europe, Canada and Japan. The Council on Foreign Relations uses front organizations to protect it from connection to illegalities that could lead to a Congressional investigation.

The Trilateral Commission
In 1973, Jimmy Carter became a student of Brzezinski, and a founding member of the Trilateral Commission. Beginning with Jimmy Carter, all the recent presidents, including president Clinton, have promptly filled their administrations with members of the Council on Foreign relations and The Trilateral Commission.

Trilateral Commission Members
Those in government service at end of list. Latest list available as of 3-15-1999. Former Members in Government Service: Bill Clinton; Alan Greenspan, Chairman, Board of Governors, U.S. Federal Reserve System; Bruce Babbitt, U.S. Secretary of the Interior.

The Bohemian Club, 1872
The club's famed annual gathering has been held for more than 100 years at the 2,700-acre Bohemian Grove in Monte Rio, about 70 miles north of San Francisco in Sonoma County. This year's event drew in notables such as former President George Bush, Texas Gov. George W. Bush, Henry Kissinger, retired Gen. Colin Powell, former House Speaker Newt Gingrich and Dow Chemical Chairman Frank Popoff, as well as actor Danny Glover. There are currently about 2,700 members.

Bohemian Grove
...all-male ultra-exclusive Bohemian Club to which every Republican President since Herbert Hoover has belonged. ...a partial list of some of the prominent members: "George P. Shultz, Stephen Bechtel, Jr., Gerald R. Ford, Henry Kissinger, William F. Buckley, Jr., Fred L. Hartley, Merv Griffin, Thomas Haywood, Joseph Coors, Edward Teller, Ronald Reagan, A. W. Clausen, George Bush, William French Smith, John E. Swearingten, Casper W. Weinberger, Justin Dart, William E. Simon,...Richard Nixon, Dick Cheney.

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Chart walker
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So did "His Greatness" give us anything solid, something we can use?....

We can DD and see about institutional investors, if he wants to impress me, fill in the holes with "our place" in the New World Order."

--------------------
The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

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Chart walker
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hey Sandor... link..."?"

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The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

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T e x
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don't jack with my Toltecs, lol...

If you believe those books were about dope?

oh, my! you have no business trading in pennyland.

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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wallymac
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Is Dan Brown in the room? Paging Dan Brown.

I know Robert Ludlum has left the building so let's see is Tom Clancy or Ken Follet around?

Just Joking. Easy boy, down boy. That's good.

GLTA
Wally

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sandor butosi
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The Trilateral Commission (© 1982)
Miriam Camps, Ryokichi Hirono and Karsten Laursen
ISBN: 0-930503-24-4

To order: 64 pp./paper/$3.00 plus S&H

To download Portable Document Format (pdf 4.0MB/76pp)
Table of Contents

Foreword
I. "Trilateralism" and the Governance of the International Economy in the 1980s
Miriam Camps
A. Introduction
B. Six Propositions
II. More Interdependence, More Diversity: Trends and Issues in Trilateral Relations with Centrally Planned and Third World Countries
Ryokichi Hirono
A. Introduction: Interdependence, Multi-Polarity, Differentiation
B. Trends and Issues in Trilateral Relations with Centrally Planned Economies
C. Trends and Issues in Trilateral Relations with Third World Countries
III. The Inflation-Unemployment Nexus: Policy Choices and Growth Prospects for the Trilateral Countries in the 1980s
Karsten Laursen
A. Introduction
B. Policy Priorities in the 1970s
C. Trade-Off Between Full Employment and Stable Prices: The International Element in the Phillips Curve
D. Two Policy Implications
E. Prospects for the 1980s
F. Statistical Appendix

Text of Foreword

The broad purpose of this project has been a reexamination of "trilateralism" in the prospective world economy of the 1980s -- a world economy that has already changed in considerable ways since the Trilateral Commission was conceived in the early 1970s.

"There are grounds for questioning some of the assumptions underlying the 'trilateralism' of the seventies and for suggesting that we may be better served by a somewhat different conception in the eighties," Miriam Camps writes in the opening essay; and she goes on to sketch six broad "propositions" about the governance of the international economy in the 1980s. First is the need for a "new multilateralism" that reaches for a modified set of rules acceptable to almost all countries (particularly rules for the management of money and conduct of trade) while allowing special or additional arrangements for various clusters of countries, consistent with the global framework. A few relatively effective global organizations -- the IMF, IBRD and GATT in particular -- need to be strengthened to provide overall surveillance of these special or additional rules and also to help provide the kind of "leadership and steering" the system requires, buttressed by "key countries" (not always trilateral ones) that will vary over time and according to the issue at hand. "Gradually moving some of the advanced-country consultation and coordination of policy that is now carried on in the OECD and at the Summit to inner groups within the IMF and GATT should help to ensure that the needs of the wider system and of other countries are given more adequate consideration. It should also make it rather easy to add, and perhaps subtract, countries from these key-nation inner groups as changes in the economic weight of countries make this desirable."

The Camps argument rests partly on the perception that the trilateral countries are becoming less distinguishable from the rest of the world. Continuing differentiation within the "First World" group -- and Second and Third Worlds as well -- is making it less useful to think of countries in these terms. Important new actors are emerging beyond the trilateral countries -- sometimes with different ideas about how the world economy should be organized. These themes are also prominent in the essay by Ryokichi Hirono, "The traditional intragroup bonds that have bound the OECD countries, the Group of 77, and the centrally-planned economies will continue to be eroded away in the 1980s," he argues. "Attempts will certainly be made by those central to these traditional international groupings to re-cement the old ties.... The logic of the growing multi-polar world, however, will continue to brush aside such attempts. Nations will negotiate in different coalitions on different global issues, cutting across existing power groupings." Hirono projects a higher degree of economic interdependence between trilateral and both centrally-planned and Third World countries, and he sees increasing economic and political diversity in both of the latter groupings. Within the Third World, he concentrates on the OPEC countries, the NICS, and the low-income countries, laying out some of the challenges each will present in this decade. "The 1980s will be an era of negotiation among countries and groups of countries and we will experience continuing birthpains in seeking a new set of principles and rules suitable for governing international conduct in a more multi-polar world economy."

While the Hirono and Camps essays both stress the intensification of interdependence beyond the trilateral regions, the Karsten Laursen essay suggests a new dimension of interdependence among the trilateral countries: Recent empirical analysis indicates "a large international element in the rate of wage inflation" in OECD countries. Such a link among the OECD economies carries important policy implications. For instance, "if a country pursues contractionary policies to reduce inflation, the international wage link operates in such a way that the process becomes even more painful" because the wage inflation imported from abroad necessitates even sharper contractionary policies to accomplish the domestic inflation-reduction goal. At the global level, a wage link of this nature casts additional doubt on some of the supposed economic virtues for the industrial countries of international "pump-priming", such as through massive transfers to developing countries. "While it is true that an increase in demand from the developing countries will have an expansionary impact in the industrial countries, it does not follow that this expansion will be any less inflationary than domestic 'pump-priming'. In fact there will be a reverse tendency if, as suggested above, there is an external element in wage inflation in the OECD countries. This international linkage will hold back the inflationary impact of expansionary measures in an individual country, whereas this brake will not be at work if the increase in demand is distributed over the whole OECD area, as will be the case if it originates in the developing countries as a result of international 'pump-priming'." Laursen makes these points about OECD-level and global-level interdependence in the course of an essay on the inflation-unemployment nexus in the industrial countries. He is very critical of the current emphasis on contractionary measures to bring down inflation, and argues "an urgent need for supplementary policy instruments. Most important among these is a policy of wage restraint.... To the extent that expectations in wage formation contain an international element, a national wages policy is likely to be greatly facilitated if it becomes an integral part of the policy arsenal in all industrial countries."

We have departed from our usual practice in this booklet and present three essays -- the first by the North American author; the second by the Japanese author; and the third by the European author. Each author acknowledges his or her debt to the range of individuals with whom they each discussed the general themes or actual drafts of their separate papers, though the responsibility for each paper remains that of the individual author alone. Unlike our usual practice, the authors share no collective responsibility for each other's views.

The authors first met in June 1980 in Paris to discuss the overall outline of the project. In the early fall of 1980, Hirono prepared his first draft, on which some consultations were held in each of the three regions. Laursen prepared his first draft in November, which was discussed at the meeting of European members of the Trilateral Commission in Dublin late that month. Camps' first draft was completed in early January 1981. Revised drafts of each of the three papers were discussed at the Trilateral Commission meeting in Washington at the end of March. In the months that followed, each author completed the final draft of his or her essay. Laursen held consultations in Tokyo at the end of June. Camps came to New York for a discussion of her draft in October. The editing of the three papers was completed in January 1982.

CHARLES B. HECK, North American Secretary
PAUL REVAY, European Secretary
TADASHI YAMAMOTO, Japanese Secretary

Authors
(titles at time of publication)

Miriam Camps, Fellow, Wolfson College, Cambridge University.
Ryokichi Hirono, Professor of Economics, Seikei University.
Karsten Laursen, Professor of Economics, Aarhus University.

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10of13
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Chart...the "King" really gave us peasants little to grasp...not even any riddles...
I have really just wasted my time listening...BUT...at least I won't have to spend a long time catching up on the reading of this thread...

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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