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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (13755)3/1/2003 11:18:01 AM
From: Jim Willie CB  Read Replies (5) of 89467
 
expect 3x cost overrun, like other govt projects
from collateral damage
from retaliatory strikes

and then multiply for 10 for financial market damage
I believe WTC Attack cost a cool $Trillion

a nice quote from my "2003 Predictions" article on delusions
this country is full of delusion in the bubble bust hangover
it is truly sad, but our judgment is TOTALLY SHOT

"A dangerous multi-faceted delusion has caught our entire nation in its grip, characterized by naïve perceptions and acceptance of economic disinformation, fair stock values, safe haven in real estate, ultimate sanctuary in Treasury bonds, imminent economic recovery, quick resolution to Iraqi conflict, moderation of crude oil prices, and trust in failed re-tread federal government (Keynesian) and Federal Reserve (monetary) stimulus programs. Pervasive delusion breeds a climate for further accidents, errors, and additional financial losses."

/ jim
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