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To: stockman_scott who wrote (43427)10/20/2001 8:47:50 PM
From: Dealer  Respond to of 65232
 
Posted by Jack Colton on another outlet.........

I was listening to the radio the other day, and I heard one of the all-time best comeback lines in my life.

Note: This is an exact replication of National Public Radio (NPR) interview between a female broadcaster, and US Army General Reinwald who was about to sponsor a Boy Scout Troop visiting his military installation.

FEMALE INTERVIEWER: So, General Reinwald, what things are you going to teach these young boys when they visit your base?`

GENERAL REINWALD: We`re going to teach them climbing, canoeing, archery, and shooting.`

FEMALE INTERVIEWER: `Shooting! That`s a bit irresponsible, isn`t it?`

GENERAL REINWALD: `I don`t see why, they`ll be properly supervised on the rifle range.`

FEMALE INTERVIEWER: `Don`t you admit that this is a terribly dangerous activity to be teaching children?`

GENERAL REINWALD: `I don`t see how. We will be teaching them proper rifle discipline before they even touch a firearm. `

FEMALE INTERVIEWER: `But you`re equipping them to become violent killers.`

GENERAL REINWALD: `Well, you`re equipped to be a prostitute, but you`re not one, are you?

The radio went silent and the interview ended. And all I could think was, `Go Army!`



To: stockman_scott who wrote (43427)10/21/2001 5:32:16 AM
From: Sully-  Read Replies (3) | Respond to of 65232
 
Totally FWIW.................

Has Bush outfoxed bin Laden?

newaus.com.au
by James Henry
The New Australian
Thursday 27 September 2001

The terrorist atrocities inflicted on the US have give rise to a new rumor mill that grinds out stories that range from the banal to the bizarre. But a story out of the Middle East has more credibility than most, particularly in certain quarters. Some cooler and more intelligent heads in the Arab world have concluded that Bush has outfoxed the fanatical bin Laden.

Like all fanatics bin Laden is narrowly on his mission while being disconnected from the real world. Far from being the educated man he is said to be he, like his suicide-bombers, is remarkable ignorant of the West, specially the US. Although some of his followers have been educated at Western Universities their education has been confined to technical subjects like engineering. Those, for example, who attended US universities learnt nothing of US history or cultural values, confusing topless bars, which some of them enjoyed, with moral decay and lack of will. The sad fact is that what little they knew of US history and policies came entirely from the country’s anti-American left, which has painted a grossly dishonest picture of America that neatly fitted in with these terrorists’ anti-American dogma thus blinding them further to the political and military consequences of their actions.

As our editor pointed out at a recent seminar in Australia, being narrowly focused to the exclusion of all else is part of the terrorists’ Achilles heel. And so it is with bin Laden. Believing himself to be the hand of God and a follower of the one true faith, or his fanatical version of it, means he operates with an open loop. Therefore there is no negative feedback mechanism to correct his distorted picture of the world. There are no advisers to council restraint or retreat because like Hitler, Stalin, Mao, etc., he literally believes himself to be the only one capable of interpreting events and predicting their consequences.

Now we have bin Laden’s fundamental weakness. Being truly ignorant of American history and knowing nothing of the country’s political system he has made the mistake of drawing the wrong lesson from a narrow range of fairly recent events by interpreting it in terms of his world view: the refusal of George Bush senior’s to finish off Saddam Hussein, the hasty retreat from Somalia, the successful bombing of US embassies and military bases in Saudi Arabia, the attack on the Cole and Clinton’s self-serving pinprick responses to terrorism.

In bin Laden’s fantasy America would either respond in a Clintonesque way and so demonstrate to the world its cowardly nature or it would blindly strike out, killing hundreds if not thousands of innocents and so inflame the whole of the Islamic world. (Notice how closely his apocalyptic vision resembles the extreme left’s one of a world-wide revolution against capitalism).

He got neither. Instead of grabbing the initiative he made a terrible blunder. His actions pulled the US together, awakening in it a steely resolve that can have only one outcome. Instead of retreating or immediately striking out, President Bush set about building up a mighty military force not only to destroy bin Laden but to demonstrate to the rest of the world the consequences of attacking America. Afghanistan has been isolated, it’s borders sealed.

Battle lines have been drawn and are being supported with varying degrees of enthusiasm. Russia, Tajikstan. Uzbekistan, Turkmenistan, even Iran, Pakistan and China are cooperating. British special forces (SAS) are already operating in the country while American special forces are moving in. A coordinated plan consisting of concentrated air attacks on terrorist camps and Taliban installations, special forces assault teams, and the cooperation of the Northern Alliance is being put into action. None of this, so the story goes, is supposed to be happening.

Moreover, there are rumors that the scale of the forces that bin Laden has unleashed has caused subterranean cracks to appear within the Taliban’s ranks, with some of them wondering why they should have to take the fall for bin Laden. The smarter ones know they are not popular among the mass of Afghans, and that if properly equipped and supported by Western powers the Northern Alliance would drive them back to their mountain villages — that is if the locals don’t hang them from cranes and artillery barrels first.

Afghan refugees are relating tales of an increasing number of Taliban acts of banditry and rape as order collapses in the towns and cities. The wholesale kidnapping of non-Pashtun males aged between 15 and 30 for ‘military’ service smells of panic because the Taliban knows these males belong to hostile ethnic minorities. These are not the actions of men who believe in their own invincibility.

So to some Arab observers Bush has already won. But surely if bin Laden is killed other bin Laden’s will arise. There is only one bin Laden, thank God. This latter-day Mahdi is just another religious millenarian who promises paradise by driving out the infidel, the cause of the faithful’s misery. Such people have been a curse throughout history.

I’m not saying that terrorism will end with bin Laden, only that his head must be the first to roll if victory is to be achieved. Once this is done, the invisible war against terrorism will accelerate, from the freezing of bank accounts to the assassination of terrorist organizers and the smashing of their networks.

The strategy, as explained to me, is basically simple. Make an example of bin Laden, demonstrate overwhelming military power and the will to use it against states that harbor and train terrorists; isolate the terrorists physically and squeeze them psychologically. The ultimate aim is the elimination of state-sponsored terrorism.



To: stockman_scott who wrote (43427)10/21/2001 2:24:16 PM
From: T L Comiskey  Read Replies (2) | Respond to of 65232
 
Fresh..... Z...

o:Joan Graffius who wrote (1055)
From: Zeev Hed
Sunday, Oct 21, 2001 2:13 PM
Respond to of 1060

Joan, I think that any advance of more than 50% should be considered a bull move. I don't think we are going into a new
secular bull move (where new all time highs are toppled). In April of 2000 I suggested a lengthy period equivalent to the 16
years between 1966 to 1982, with a number of bull moves each high having lower valuation metrics then the preceding high.
This until earnings catch up with valuations in some 7 to 10 years. I expect the current period to be a little better than the first
move back up (percentage wise) from the late May 2000 lows to the Summer highs last year and from the April lows to the May
highs this year. Then we had a move of about 41% and 44% respectively. This, providing that the first 30% rise (My target
around 1793 for the first move we are in right now) is met with a successful test of the bottom. If i does, then I would expect a
bull move in the range of 90% to 130% on the Naz, to just around 3000 on the Naz before Fed's action to reign in excess
liquidity, and the consumer's exhaustion get us into the second leg of the "double dip" recession I have been discussing for
some time.

Zeev



To: stockman_scott who wrote (43427)10/21/2001 9:50:45 PM
From: Dealer  Read Replies (1) | Respond to of 65232
 
Asia Markets

Tokyo stocks, U.S. dollar gain ground

By Mariko Ando, CBS.MarketWatch.com
Last Update: 9:04 PM ET Oct 21, 2001

TOKYO (CBS.MW) -- Tokyo stocks edged higher Monday morning as investors braced for another big batch of earnings reports.

The Nikkei Average gained 33.42 points, or 0.3 percent, to 10.572.21 in early trade. The broader TOPIX advanced 0.4 percent to 1,074.35.

In the currency market, the dollar was quoted at 121.42 yen early morning Tokyo, up from 121.20 yen in New York late Friday.

Among companies expected to post results this week include technology giant Sony (SNE) and chipmaker NEC (NIPNY).

South Korea's Kospi Stock Index was little changed at 528.12 points in early morning session.

Australia's All Ordinaries Index was trading virtually flat at 3,111.70.

New Zealand's stock market was closed Monday for a public holiday.