Frank, don't you have some memories that border on nostalgia for the days when the Soviets were our enemies
and we knew where they were? I am reminded of a frightening though understandable response give by the charachter played by John Houseman, head of CIA operations, when asked by charachter played by Cliff Robertson in "Three Days of the Condor"..."Do you miss those days, sir (referring to WW II?"
"No", said Houseman, " I miss the clarityof those days." That is some of what we have lost. Clarity! Not innocense surely. Only the most naive would say we had not lost our innocence by the Viet Nam war or the assassination of JFK. But now, and to give token acknowledgement to the raison d'etre of this thread, to our loss of clarity of where to put our money ( read our financial futures and survivals) as we clearly have to be thinking for ourselves on this thread as never before, trying to balance rage and thirst for vengeance with coming out of this with as much as we went in. In reference to the cynical response you justly have in my view, being told by anals on WS to be patriotic and buy stocks, you might have missed Sir John Templeton on CNBC this am. He is buying US treasuries and warns of further deep losses in stocks. The full interview is promised at 3pm here, which would be 6pm for you folks on East Coast. He has seen a lot. He is a tenacious and very alert 89 years old
Jim Black |
