Michael Cohen wrote:
>Doug quoted a private conversation indicating one of the most major
>concerns of
>the Fed was Labor Militancy i.e. preventing economic conditions from
>becomming
>sufficiently good for Labor that they would be embolded to make strong
>demands
>on Industrialists and Rentiers.
This reminds me of what's known as "Force Majeur" in law. I have no training in law, but I see it at my temp jobs. It applies to corporations, and this force includes things like earthquakes and "acts of God" (this is really what it says). In addition to these catastrophic kinds of disturbances are labor disturbances, if I remember correctly the only "man-made" force majeur. Anyone else familiar with this?
-Alec
______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com