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Politics : Stockman Scott's Political Debate Porch

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To: SOROS who wrote (5301)8/28/2002 2:01:08 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
common 1999 pervasive opinion: USA RECESSION = DEPRESSION

now we are seeing policy decisions to avert the recession
desperate attempts to avoid it
even dishing more of the cause of the problem in order to attempt to forestall any cleansing
e.g. more easy credit nationwide at all levels

I always agreed with the stated topline belief tenet
but I didnt expect such continued desperate measures
I attribute much of it to sheer denial of reality

give the patient a JackDaniels to end the early morning DT's

delirious tremens
the risk is complete breakdown, with more of the same

the charade passed off as investing during August was textbook
right out of a psychology chapter
right out of an espionage thriller
this will end badly, just dunno when
I can wait them out

but a new twist
layoffs are mounting
20% of a large organization within my firm were canned yesterday
some had been here for over 20 yrs
on the radio talkshows are stories of picayune reasons for firing people
by Ohio college buddy was given firing notice a month ago
the same trifling manufactured reasons
the pain is widespread, the desperation is growing
give it time

INVEST IN REAL MONEY, GOLD
I remain, A Jackass
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