Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: adad69 who wrote (19652)	10/22/2003 11:55:14 PM
From: stockalot	Read Replies (1) of 42834

Well you seem to be looking at it as a static and stand alone issue. HOwever the complex situation we find ourselves in doesn't lend itself to viewing the money we spend in Iraq or other areas of the mideast quite that simply. Let's say it is like spending money on a child. You have to spend thousands feeding and clothing the little goober when he is nothing but a liability to your finances. He screws up a lot and tears things up and adds more expenses to a non performing asset. Then you spend thousands more to send him to college, maybe graduate school, maybe give him a little help establishing a business or buying a home. There is always the chance that the money will be wasted and you will be visiting the miscreant in jail or drug rehab. If so your investment was wasted in economic terms. Then again he may become a very beneficial member of society, cure cancer, take care of you in your old age and give you wonderful grandkids to spoil. Similarly our foothold in the mideast may result in a more pro western regime right in the middle of what has been a hot bed of anti US foment. If true perhaps that along with our action in Afghanistan will show others that we will go anywhere and do what is necessary to rid the world of terror. If our offensive moves result in a lessening of terrorist attacks through hunting them down and shutting down states that might supply them weapons or safe haven then that is something that warrants a huge expenditure now. If we prevent tens of thousands of deaths of our citizens in the next couple decades by our expenditures now, it is a small price to pay. I don't think we will ever know how successful we are, but you have to include the probablility that keeping our enemies on the defensive rather than reacting to what they do to us on our soil is worth a lot of money. Another thing that may or may not come to pass due to our willingness to spend our money and our treasure in contrast to the image of weakness fostered by Somalia and Viet Nam, is that Iran and North Korea may indeed figure that a path of confrontation is not something that is likely to end well. Another possiblity that is unknowable now is what that 80 billion dollar expenditure will do to the price of oil down the road. It is certainly possible that a friend in Iraq will result in a more dependable flow of oil and if so then the money spent will be quickly returned in lower gas prices and the multiplier effect that would bring to the economy. And it's always possible that just like we all know kids that turn our badly and the parents wasted all of that money and time---so to this could end up costing a lot of money for very little tangible gain. I'm perhaps naive but I believe it will be seen as money well spent one day and worth doing and following through. As Brinker or Don Lane would say "We'll know in the fullness of time"

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