Bears and Preparers:

I can't believe how quickly you are all willing to believe the same government and press that has lied to us time and time again. THEY were the ones that said there WOULD be infrastructure problems in many countries. THEY were the ones that needed to build bunkers and train antiterrorist units. THEY were printing money at historical rates "in case" of bank runs. We just took the time to read all the reports that the rest of the sheeple never bothered to look at...and we believed the organizations that wrote them. (UN,CIA,Navy,FBI,World Bank, IMF, Senate) Don't get me wrong, I don't think these reports were presented by people who believed them to be false. (but more on that some other time)

I think it's safe to say, we were all surprised when the lights stayed on and the rosy reviews from Disney Land began. In fact, as delightful as it was to still have heat and water; we all looked like total idiots when seemingly, NOTHING HAPPENED. (Isn't it funny how the well-read folks are the idiots and the lazy boogers who didn't lift a finger are so proud of themselves for "calling it right" ...OR SO THEY THINK. But consider this. Three Nukes where taken off line during the weekend. (non-Y2K, we are told) Because 90% of computers and most of the factories and large corporations were all shut down, the NERC had issued a mandate for the power plants to cut back to 30%to 50% power. (As far as I know, only Palo Verde and San Onofre stayed close to full power) Anyway, with this system in place the NERC knew that if one or two or three of the plants when down, it would not pose a problem. They could just buy their power from a neighboring utility who had plenty of excess capacity to draw from. Think about it; if this same scenario happened during the peak season of electricity usage in the summer, a lot of the U.S. would have been in the dark. THAT would have made Y2K look entirely different. Add to that fact that a total of eight power plants in the U.S. alone experienced Y2K "glitches" (and all this under the LEAST stressful conditions). Furthermore, from another poster, I have heard (though not confirmed) that another Nuke is in trouble. I'll post more when I'm positive. Now, do they really want us to beleive that we had all these power plant problems but the other 200 countries had none? It's a lot to swallow. Actually, Japan did admit three problems, all at the same facility I think).

If you take the time to read some of the "Country Reports" which have very confusing and, even incongruous information, you can see that they are worded VERY carefully to dispell any Y2K connection to failures. For example from Chile, the report says...status Green which means A-OK. Then it goes on to list "reduced capacity", "significant outages" and under Y2K related? it says.."unknown". But, in the remarks it says "No utility has outages due to the date change." Get that, "due to the date change." Of course not, even here they refuse to attribute any outages to Y2K; it's always something else. Furthermore, think of this. If you were Iran, would you report to the friendly NATO countries that your infrastructure was in trouble? How many countries trust the U.S. enough to list their vulnerabilities for them? Therefore, most of the Country reports at the www.iy2kcc.org/ site are all filled in Green and say, "Everything Works, we are Y2K-OK, no problem-bos at all!" All, of course, except for Italy, they filled in ALL the blanks: Green for "A-OK", then they listed "reduced capacity" and "significant outages", but went on to sum it up saying...everything works perfectly; there are NO Y2K glitches! ..... God help us if these same people filling out the forms are the ones that actually did the Y2K remediation work!

Now, think about it. Do you all really think there are virtually no problems going on? Eh Gad, today Chicago O'hare Airport and Wellington, New Zealand Airport both lost all their radar for a while. Also, as was previously posted, there was a problem at the New York Airports.

Just look at the stockmarket. With all the Y2K happy faces this weekend, I expected to see a huge relief rally. But the market was volatile. The Nasdaq broke a 12 month volatility record. It started off +125 then went to -80 vacillated at -25 to -30 all day and ended 60+ something up. I believe THEY jacked it up in the end.....because they were all busy jumping out of the DOW, particularly the DOW utilities. Hum? This morning on the financial channel the reporter in the pit said, lots of individuals were throwing their money back in the market (the happy sheeple) BUT, the DOW was still plunging because the "Institutional Buyers" were all selling, selling, selling. Now these are the guys that can move the markets. Do they know something we don't know.? Where's all that Y2K-was-a-non-event confidences? Also, although most of the financial news would have you think the markets are soaring around the world, it just isn't true. The main media only talks about the ones that go up. Like you might hear about the Nasdaq today, but they'll say something like "The DOW was up in EARLY TRADING" and leave it like that; so you have no clue it ended up around -130. Heck, at one time it was almost -200 today! Now that's confidence! Anyway the world market is pretty well split. Of the markets that have opened yesterday and/or today, there were 16 countries whose markets went up and 12 countries whose markets went down. Consider also, that the markets in New Zealand, Czech, Hungary, Russia, Slovakia, Switzerland, Turkey, South Africa and the United Kingdom have yet to open since the turn over. Let's see if they open tommorrow; it's already 1/4/2000 there!

If I could name the most shocking thing I learned from all my research into Y2K and the other subjects that sprung from Y2K, it is this: The main media in this country is not a free press. It is owned by the large corporations and it does as THEY tell it to do. When ABC is owned by GE and NBC is owned by Westinghouse do you actually think the news will report "glitch" stories about the mother company when it will cost dearly in DOW points? The thing about this happy "glitch free" story that the news unfolds for us is that it is absurd. Too happy, too controlled, just plain Disney. Keep your eyes open and give it some time. Do not jump back into things and sell your supplies. There is something stinky in Denmark!

-- meg davis (meg9999@aol.com), January 04, 2000

Answers

This morning on the financial channel the reporter in the pit said, lots of individuals were throwing their money back in the market (the happy sheeple) BUT, the DOW was still plunging because the "Institutional Buyers" were all selling, selling, selling

Yep, CNBC, I saw and heard that and it struck me as more than odd. This whold market day was strange.

Mike

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-- Mike Taylor (mtdesign3@aol.com), January 04, 2000.

It is summer now in all the countries below the Equator with high electricity use. None of those countries had any black outs of electricity. Your theory is a bit off!

-- ... (...@...com), January 04, 2000.

Hey LOOK! The Pollies 'fat lady' is spewing on herself!

My preps are still here.

-- Satanta (EventHoriz@n.com), January 04, 2000.

Good post, meg (other than getting the ownership of NBC and ABC reversed).

I think that we have forgotten just how dependent the major news outlets have become on corporate sponsorship, and how sensitive the news outlets must be to corporate desires. We still tend to see the fealess newspaper reporter, bullying his editor into letting him continue to stick his nose into a story until the truth is known.

In this day and age we simply ask, "Duh, what's truth?" Truth becomes what we want to hear. So, we hear nothing bad.

A good example of just how biased the media can become is the handling of the Juanita Broderick rape allegations -- only one network would touch it and then only after it couldn't impact impeachment.

BTW, expect the Dow to rally to new highs over the next week. Then?

-- (4@5.6), January 04, 2000.

Meg:

Read my post reply under the post "TOO SIMPLE AN ANOLOGY," I think my gut feeling on this explains the complete picture. You, me, or nobody else will ever see any of those billions of your and my tax dollars poured back into operation. Notforlong 439

-- Notforlong (Fsur439@aol.com), January 04, 2000.

my spouse took out some cash- about $2000.

Now she wants ME to tell her WHEN she should put it back in.

There are lots of other people who took out cash as well, most of these people are uncomfortable holding cash. They are used to credit cards and debit cards. they "feel" safer.

Alot of cash WILL go back, it will not be "spent" on going out to eat or buying a new year's treat.

-- plonk! (realaddress@hotmail.com), January 04, 2000.

>>> Just look at the stockmarket. With all the Y2K happy faces this weekend, I expected to see a huge relief rally. But the market was volatile. The Nasdaq broke a 12 month volatility record. It started off +125 then went to -80 vacillated at -25 to -30 all day and ended 60+ something up. I believe THEY jacked it up in the end.....because they were all busy jumping out of the DOW, particularly the DOW utilities <<<

First of all, this type of volatility has been going on for the past year. It is not unusual for this kind of activity. I believe that it was profit taking due to interest rate fears, which makes the most sense, since it was the financials that were down most. I've seen it many times before. Second, the Dow utilities are not part of the Dow industrial average.

-- Realist (don't@want.spam), January 04, 2000.