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Technology Stocks : All About Sun Microsystems
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To: MJ who wrote (53534)3/28/2003 3:22:01 PM
From: cheryl williamson  Read Replies (2) of 64865
 
You are wrong, Lizzie is correct in blaming our current president for the recession we now are struggling to overcome.

I don't think this has anything to do with Iraq per se. It is true that global terrorism is an impediment to economic expansion. It is NOT clear that military involvement on this level is going to fix it.

The problems for our markets wrt George Bush is related to his belligerent posturing on foreign policy and his hegemonic rhetoric. I do believe that our country needed to upgrade its intelligence operations that were decimated by Mr. Clinton. Covert operations and diplomatic initiatives that are handled properly would have gone a long way in neutralizing terrorism without causing the fear and anger abroad that has resulted in a LOT of money being yanked from our equity markets.

Don't forget, the terrorism we are now attempting to deal with is an extreme, reflexive response to gradual encroachment of the western capitalist system of production and trade into a primitive set of economies and cultures worldwide. What terrorists express in the extreme, tens of millions of people express silently.

Thoses tens of millions are all potential customers-of-the-future. Our system of production and trade depends on them for our own survival and prosperity. Alienating them is out-of-the-question. They must be educated and persuaded that our way is their way. This must be done through inclusiveness not confrontation and sewing the seeds of FUD.

No one is saying that it's an easy task. It will require a supreme effort from a leader with great stature, intelligence, and will. George Bush is not that person.

I am convinced that Mr. Bush is a good, moral man of average intelligence and limited capability as a statesman and communicator. The job of US president in the 21st century calls for much more than that. We are the only remaining superpower left in the world and the responsiblities are enormous.
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