SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SeaViewer who wrote (16049)6/30/2004 12:12:43 PM
From: Knighty Tin  Read Replies (1) of 110194
 
Jeff, I remember reading a story when I was in high school. At that time, our foreign adventure was in Laos and a commentator pointed out that Laos was a sideshow. Our real fight would be in Vietnam. There was no protest of Laos or early committment in Vietnam. The death of soldiers was important. The expansion of the draft was far more important. The draft had been fairly mild before that time with most draftees going to Europe or Japan, which was decent duty at the time. With Vietnam, more young men were drafted (rich kids got out of it), they were sent to much worse places where they had a chance to be killed, and the military started treating all recruits like animals instead of humans (the sheer numbers overwhelmed the supply of decent trainers and instructors until they had to dig down to the equivalent of Abu Ghraib guards).

The economy seemed to improve at first. The spending spree by the govt. inflated everything and LBJ's insistence on guns and butter with his great society looked positive at first. Then it all went to hell and we had to pay for all the money being wasted overseas and at home. The first buildup is very similar to what the Busheviks are doing and it does look good for the economy unless you look at the balance sheet and not just the income statement.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News