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To: mishedlo who wrote (138870)12/16/2001 6:42:17 PM
From: John  Respond to of 436258
 
Beautifully said...

But listen, just take a chill pill and keep buying more NASDAQ stocks on the long side. It'll be okay. The man on CNBC promised it would. Heh.

Seriously, I held my tongue for the past three days of, "we've got Bin Laden! He's cornered in Tora Bora and we can hear him giving commands via radio!" I remained quiet during all of that BS, but I wondered why ALL of those mediotic geniuses failed to mention the possibility that it was a taped recording of his voice being heard; a ruse designed to make the allied forces waste more time looking for him in the wrong places. I think the correct term for this is irresponsible journalism. I'm sorry, but I don't know the politically correct term for this. Heh.

John



To: mishedlo who wrote (138870)12/16/2001 8:05:14 PM
From: sun-tzu  Respond to of 436258
 
great rant!

i think that guarantees a move up tomorrow -VBG-



To: mishedlo who wrote (138870)12/16/2001 11:44:54 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 436258
 
Bush wants to build a missle defense system.
Against what?


I'm not saying it or isn't a good idea or strategy, but it seems pretty clear the point of all this is to freak out China.

With a missile shield, assuming it can be made to work, their piddly little arsenal of missiles is useless against us (at least directly). So they'll have to invest massive funds into defense spending, funds that might otherwise go to more useful purposes.

Meanwhile we coast on marginal improvements to our existing arsenal, knowing that they'll have to flush pisspots full of money for decades to come just to achieve parity.

Again, not saying good/bad, smart/stupid...



To: mishedlo who wrote (138870)12/17/2001 5:54:59 AM
From: smolejv@gmx.net  Respond to of 436258
 
...Japan ?... As Germans say, Jain (meaning yesbutno) ... it sure looks like that, but different... I'm reasonably sure, that hell will freeze over before

a) US piles an equivalent of 400+ B US$ of Yen bonds
b) reaches the current account sufficit of Japan
c) J6P drops his consumer manners and goes samurai (eat a cupa rice/day and exercise)

as Jurassic Park II dialogue went:

"...and we will at all cost avoid the past mistakes!"
"No problem, we'll figure out new ones..."

Great rant, btw.

dj



To: mishedlo who wrote (138870)12/17/2001 10:03:50 AM
From: LLCF  Read Replies (3) | Respond to of 436258
 
Nice rant.... a couple of points gleaned from the latest Grant's:

1.) The likes of ICGE [the internet 'incubator'] still has some 50 companies it's feeding cash to.

2.) 2/3 of all American dollars are held abroad.

Implications.... things still haven't finished unwinding in .com land and luckily can't fully unwind in dollar land.

DAK