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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (69571)9/9/2006 1:59:42 PM
From: yard_man  Read Replies (2) of 110194
 
what matters ...

opinionjournal.com

I hate the recent politicizing of 9/11 -- Bush's speech isn't political?? my eye!!

MY recent trade journal was devoted to terrorism -- I almost threw the thing in the trash -- but there was a nice article with graphs in there

number of people killed annually in terrorist attacks vs. those killed in industrial accidents and natural disasters.

The terrorists have won. Just look at the misallocation of resources, ostensibily to make us safer -- first it is a HUGE missallocation -- but we don't reasonably ask what we are getting for these resources so devoted in the narrow confines of "anti-terrorism??"

1) Less stable ME. Untold suffering for those not connected to any real threat to the US.

2) More nuisance and added cost when we travel.

3) More private information in the hands of the government.

4) A greatly increased deficit -- spending not supported by revenues ==> which amounts to government theft of resources from the real economy.

Memorials are great. I think we should remember the people killed -- but let us not become captive to the agenda of those who do all the pontificating and use it as a bully pulpit for their own political purposes.

While we are at it -- let's remember the people who lost their lives in the hurricanes and other disasters. They were just as much American -- maybe we could extend the remembrance to remember those who lost their lives on both sides of the recent conflict in Israel as well.
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