Zeev's Turnips Patch-No Politics (ZEEV)

[Train Guy]

21st Century Alert in their morning briefing had this. Anybody know if it is ture?

-- The U.S. took a crew from the widely-followed Arab channel, Al-Jazeera, through a tour of the aircraft carrier Nimitz, and specifically showed the camera crew our nuclear weaponry -- on active status. Meanwhile, Saddam Hussein puffed on a cigar for an Iraqi camera crew, to fully demonstrate his non-chalance.

And then there was this. Where do you get this free money from?

-- ABN Amro just initiated the first negative interest-rate loan in Japan, a $125 million loan to Societe Generale and BNP. This means that the borrower has to pay back less than the amount borrowed. Such a corporate recognition of deflation in Japan could have dire consequences, as it shows that corporate Japan is now adopting the same mindset as Japanese consumers.