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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (9981)	9/21/2001 8:47:59 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 74559

<(I am back posting because the religious fervor has subsidized) > Airline subsidies, steel industry import protection, lumber protection against Canucks, now subsidies for religious fervor. I say religious fervour should not be subsidized <g>. Religious fervour should be kept well away from governments. I don't like to hear GWB talking about crusades and constantly referring to God [which I hope he doesn't say is on his side]. Religion and governments should be like sex and governments. Okay for politicians to do in private, but they should keep it private rather than make it part of their public life and public policy. Meanwhile, we are getting a pretty good test of the economic enhancement of war. Some people think that wars are good for the economy. So far, the vote in the markets is that they are not. However, in the long run, I think this particular war will be good for the world's and USA's economies. That's because, if handled correctly, [wishful thinking], the United Nations will be reconstituted from its toothless endangered species form to something which will take over countries suffering and creating mayhem, [Afghanistan, Palestine, East Timor for example], and run them as self-governing protectorates. Those countries will then become happy participants in the modern world, enjoying the mod cons of the technologists and scientists. Given the lack of imagination that is endemic, I would not be surprised if not much will come of it and we'll be left with a huge hole near Wall Street, huge holes in Afghanistan and Iraq, a huge hole in the heart and a huge hole in the world's economy. Interestingly, cyberspace slipped off like a ghost and has been unaffected by the turmoil. Even the worst affected company had backup facilities and barely missed a beat in the survivors continuing operations [although it must be at a much reduced level]. I suppose all companies will be more keen to backup their systems and create redundancy in their networks to enhance their security to make it independent of geography. Cyberspace rulz OK. Mq