In this paper we describe the electrons of the 1D Hubbard model by a fluid of
unpaired rotated electrons and a fluid of zero-spin rotated-electron pairs. The
rotated electrons are related to the original electrons by a mere unitary
transformation. For all finite values of energy and for the whole parameter
space of the model this two-fluid picture leads to a description of the energy
eigenstates in terms of occupancy configurations of η-spin 1/2 holons,
spin 1/2 spinons, and c pseudoparticles only. The electronic degrees of
freedom couple to external charge (and spin) probes through the holons and c
pseudoparticles (and spinons). Our results refer to very large values of the
number of lattice sites Na. The holon (and spinon) charge (and spin
transport is made by 2ν-holon (and 2ν-spinon) composite pseudoparticles
such that ν=1,2,....Comment: 25 pages, no figure