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Politics : PRESIDENT GEORGE W. BUSH
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To: gerard mangiardi who wrote (269412)7/2/2002 7:05:16 PM
From: Raymond Duray  Read Replies (2) of 769667
 
gerard,

Re: People list fear of terrorism as a major reason for not investing. We won't be winning that so called war until that is erased.

Just like Bush is tastelessly making his joke about "hitting the trifecta" and implying he's a winner because of 9/11:

msnbc.com

You also might begin to wonder if some of Bush's closest advisors are gleeful about the mayhem, the approaching capitulation and growing disgust with the markets. I think they're rubbing their grubby little hands together, waiting for the right moment to pounce on assets that disgusted Americans will be casting out of their 401(k)s in the coming months.

In the old days of the stock market, before the SEC, "pools" of speculators used to drive stock prices down in a concerted effort to buy assets on the cheap. I think many of Bush's advisors and cronies have learned that lesson and are getting ready to pounce. Just like in the movie "Sting", what the big con-men need is a game that is so old-fashioned that the current "marks" don't remember the game.

I think Bush has a bet on that his buddies are going to try to buy up America on the cheap, sometime soon. Every indication regarding his much ballyhooed war on terror indicates that he's doing much more to terrorize Americans than to corral real miscreants and bad guys.

-Ray

"The whole aim of practical politics is to keep the populace in a continual state of alarm (and hence clamorous to be led to safety) by menacing them with an endless series of hobgoblins, all of them imaginary."
-H. L. Mencken
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