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Politics : High Tolerance Plasticity

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To: energyplay who wrote (1566)	3/14/2001 4:19:41 AM
From: cnyndwllr	of 23153

Energyplay, RE: <<The markets have seemed funny the past few days - not just down, but different. Like there's something big and nasty just offstage (Japan ? something else ? I don't know)>> I know that sounds like the start of a campfire story late at night with Don's coyotes howling in the distance and the wind rustling through the high branches of the trees, but I think so too. Maybe it's because we are watching too closely. Then again, maybe not. I see one difference being that the question is becoming not whether we have a problem but rather whether we can solve it. That's fear talking and I think it is partly because we have not had the strong leadership presence that we had before in Washington. I don't see Dubya or his boys getting up there and letting everyone know that they are on top of it. Too many unknowns and too much talk about how things were already bad when they got elected will not help them or the markets. A better approach would be to say that they inherited some problems but nothing that they couldn't handle and that the economic strength of the American economy is on line. Instead of a hands off attitude, I would like to know that they are going to attack the energy problems and that they are closely watching the markets and the economy. In other words, I think that there would be a lot more world and domestic ease and a lot less extreme reaction if the Bush admin would tip its hand on whether it intended to be a hands off or hands on administration. I believe we needed an adjustment but not a meltdown which we may have if things don't turn in the economy. Why not fix the problem before it gets to be a real problem. If left alone the markets can, and will, get out of whack and the resonance within and between economies will reverberate and create long term problems and imbalances that are much worse than the ones we have now. Either that or its getting real late and my fingers are going on their own and typing stuff that is ---- oh! make the bad fingers stop, stop ... Maybe it will look better to me in the later hours of this day. I'm getting in the mood to short the federal mint soon. Ed

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