Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (9182)	9/14/2001 3:12:34 PM
From: David Howe	Read Replies (1) \| Respond to of 74559

<< you are confusing patriotism and determination with economic confidence. >> No I'm not. Clearly they are separate issues. Obviously economic confidence and consumer confidence will fall temporarily. The economy will be modestly harmed in the very short run. Medium and longer term this is NOT a negative impact to the economy. You will see things return to normal very quickly in terms of activities that effect the economy. Planes will fly again, countries will trade, consumers will buy. As NY is rebuilt, greater technology is put into place for security, bombs and planes are built for a war on terrorism, etc. etc. the economy will see a POSITIVE effect. << You are also grossly underestimating our enemies and wrongly assuming that conventional military action and superior weapons will vanquish them. >> No I'm not. I never said we would win quickly or even win. It will obviously be a long, probably never ending battle. Terrorism will never go away in my opinion. What's changed is that we (and much of the rest of the world) will begin a war against terrorism. The effort to subdue and/or eliminate as many of the terrorist groups as possible is about to be greatly increased. The $40 billion pledged to fight terrorism isn't money that's just going to evaporate. It will go into the economy in one form or another. The $20 billion pledged to NY will also go into the economy. These are only the beginning of the funds that will be dedicated to these goals. Obviously this will help the economy. << We should be seriously addressing the Moslem world's grievances with us >> I agree << We should also be seriously curtailing some of our internal freedoms >> This won't be allowed to happen in a meaningful way. Our nation is too strong and determined. << such as ASAP establishing a national fake-proof ID card and keeping much better track of all foreigners entering the country >> Positive effects on the economy and technology, in my opinion. Dave

To: KyrosL who wrote (9182)	9/14/2001 7:59:46 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi KyrosL, all are required to carry IDs in HK, locals and residents, and it is not a big deal nor inconvenience. The matter that concerns me is that the 'next time' may simply be a container shipment amongst hundreds on a normal freighter pulling into the HK harbour, awaiting customs inspection, but next to a big building, or far away from a big building, but packing a big enough bomb. If 'they' intend to destabilize the world economic system, a strike against any on of half a dozen financial centers will do the systemic 'tipping' event. I have not formulated in my own mind the true and total nature of what we face and thus what constitutes a total, comprehensive, winning response. Thinking caps on, everybody, this weekend, and let's exchange views this weekend. The correct response, as determined by us here collectively, if not followed by global politicians, should result in this thread selling, not buying; else result in this thread buying and not selling, if the response announced is to our collective liking. I am of course being optimistic that we can reach consensus here, even if the politicians cannot. Chugs, Jay