To: Ken W who wrote (27846 ) 1/13/2002 7:51:13 AM From: Ditchdigger Read Replies (2) | Respond to I agree Ken, I also think that this Enron situation is going to be Bush's Lewinsky, both Senior and Junior. My gut feel tells me there was some real hanky panky going on, not only with Andersen, but with many of the officials now in office..Who knows, maybe even the price of gold will somehow fit into the final equation<g>..I am beginning to believe that there was an attempt to manipulate the economy through Enron...Maybe I'm dreaming, but we will see (if they let us<g>) how closely ENE was intertwined (?) with the government...Something else to consider from a global economy standpoint, brought up by Zeev,,now that the Euro is in place, what will happen if some of the member economies go into a slide, while other don't? They nolonger have their individual currencies to use for adjusting..When things sour in Euroland, it is going to interesting indeed. Zeev mentioned Spain, I totally agree this could be the starting point, we have yet to see Argentina's effect-and we will.. I think short term the market could be a dangerous place to be..That said, I moved a touch of cash into life sciences, JAGLX was up the last few days-a small %, but everything else was down, although JORNX- midcaps was up a tiny amount 2 of those days. I may only stay in a day or so...maybe I'm just feeling panicy, but things from an economic standpoint look like shit, IMO, regardless of politco's towing the line statements..The con-artists are going to continually try and lump terrorism and economic weakness together, this all started way ahead of 9/11..The gov is spending money like water, and we will pay for it in a slower recovery,IMO..now toss consummer debt into the equation, and everyone is broke<vbg>..;^) oops, we forgot to through the middle east into the equation, I see Isreal is now shooting missles from the sea...rambling this morning,as you can probably tell, I don't trust Bush, never trusted his old man either..to many ties to middle east oil(let's not forget Bush's involvement(though it's been denied) with Harken Energy)washingtonpost.com
