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Pastimes : Triffin's Market Diary -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (170)	9/13/2001 9:45:17 AM
From: Triffin	Read Replies (1) \| Respond to of 868

BC: MORE THOUGHTS To:Abner Hosmer who wrote (27241) From: Craig Lacy Thursday, Sep 13, 2001 2:02 AM Your comments raise some issues and I propose some others. I see Ben Ladin's group more as a foundation. A group that channels grants to a variety of petitioners who seek funds, expertise and munitions to do the deeds that further their cause. Each grant defines a cell or particular activity. Only the funding center understands the syncronicity of the whole. The foundation collects funds from a variety of sources but the sums must be in the billions. The trick, as in the Nixon years, is to follow the money. They have changed the way we will do business The more we centralize our financial, industrial, transportation and governmental institutions the more attractive we become as targets. . We need to create a society, using current technologies, that is more distributive. No longer should all of our elected leaders meet in one place at one time. It's easy enough to create virtual meetings these days. Our power sources should be more diversified and disrtibuted (small nukes, low head hydro , lots of solar and wind ) not the centralized systems of oil and gas that the administration proposes. Even though it has come to define our country, the car is on the way out, as are planes. We need to change our transportation systems, they are too inefficient and vulnerable. It only takes a blown bridge or airport to disrupt those systems. We need to get back to planning cities where you can walk, bike or take public transportation to wherever you need to go: work, school. shop. recreate etc., just like prior to WWII. Companies that are capital intensive will have to adjust as well. Boeing, GM, GE, Exxon, Intel, ...the industrial might of the country, will need to sever the dependency on a central hub. IT will be the enabling medium that allows the smaller parts or divisions to connect w/o a central office. Small is good. Comments welcome. One more topic I would like to encourage for board discussion: What happens once these markets open? For many years we have been THE safe haven for investments from all over the world. Has this confidence in our institutions been shattered? Will the Japanese, Europeans and Asians bail at the bell? What about consumer confidence? Whose going to go out and buy a car, house, refirgerator, or stock tomorrow? If the Fed lowers rates another 50 BP will that help? How do we avert panic in our markets and if it happens, how do we benefit? EOM ..