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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (1146)7/2/2002 9:55:43 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
"US econ being least unattractive" still aint appealing
this line of justification reminds me of typical alcoholics
they claim the older brother is a worse drunk

we in America suffer from financial arrogance
in our economy, in our trade, in our stock & bond markets
so what if Europe is softer? they are safer
so what if Japan is comatose? they might soon awaken
we are not the only game, just because we have business freedom
we also have incredibly lax white collar crime statutes
bigtime complexity in financial networks invites deception
who will catch it? after how long? how to detect it?

any indictments yet for Enron executives?
no

we act as if the world has no alternatives to our financial markets
there is always money market funds for a few months
there is always GOLD

our arrogance is TOTALLY inconsistent with our "beggar thy neighbor" necessities !!!
/ jim