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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (6310)	6/25/2002 12:52:56 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 33421

Enigma, Do you think it's time reality got moderated off this market thread? <http://www.smirkingchimp.com/> There really is an alternate reality to the crap that is getting protected by $300 Million in "security" services in Kananaskis g8summitsecurity.ca These assholes are spending $300 Million to protect themselves from who? You and me. And they're spending so they can shoot the breeze in a pretty place for two days. Let's see, that's oh, about $150 Million per day to keep their asses safe. While at the same time these generous pricks are going to donate $500 Million this year to do what they can for Africa. That's $1.5 Million per day. You do the math. They spend $150 Million per day on themselves in an elite hideaway with vast a military presence to distance themselves from the people they rule and they dole out 1/100 of that to the needy. Gosh, I wonder what's for dinner. Salaams, Ray PS: John, I'm really sorry, but the topic is what in the world are all these fascists getting together to do to us, not for us, up in the boondocks of Canada? Politics and markets don't mix? Delusional thinking at its worst.

To: Enigma who wrote (6310)	6/26/2002 7:03:57 AM
From: John Pitera	Read Replies (3) \| Respond to of 33421

Enigma, I have quite a bit of respect for GWB as well as his father. James A Baker, has proved to be a truly brilliant mind, and one who's been able to "show up" and provide leadership and guidance for many, many years. I'd say that one of the must read books of the past decade is James A Baker III's 1995 book with Thomas DeFrank. The Book is "The Politics of Diplomacy" Revolution, War and Peace, 1989-1992. That's exactly what we've been dealing with. on page 75 of the book Baker articulates 3 overarching themes he told the Soviet's in the 1980's. 1- he wanted to remove the competitive east-west dynamic from 3rd World regional conflicts 2- The USA had no surprises in store for eastern Europe. 3- The general body of opinion was that the USA should want Perestroika (which means restructuring) to fail. But Bush, Baker, Reagan etc did not subscribe to that view. We've experienced such monumental breathtaking success in foreign policy over the past 20 years that I'm not to sure what the talking points are for those who feel that The US has not admirably navigated the turbulent seas of late 20th century and early 21st century geopolitics and the concommitant Global Macro Environment. Granted we have seen a bigger correction of speculative excesses than I would have liked. But it was those crazy bubblionians who were chasing MoMo stocks to the exclusion of prudent investments also in Bonds and my everlasting beloved value stocks that enabled that mania. John