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

To: Knighty Tin who wrote (10085)	12/7/2002 11:08:13 AM
From: Softechie	Read Replies (2) \| Respond to of 89467

Who can challenge US for earth supremacy? This lack of military preparedness is bunch of BS...

To: Knighty Tin who wrote (10085)	12/7/2002 1:38:47 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

best-case scenario -- MONSTROUS STAGFLATION the heavy price for avoiding galloping deflation is imported inflation via USDollar decline that just keeps feeding upon itself the sad price for remaining so indebted during the great liquidation is stagnant economic conditions that just wont go away Bush will form a new team that might be far more willing to take big risks they may be no more competent now watch either for bigger mistakes or for a bigger price tag on saving the system the midterm November elections kicked off the agents of change: - Pitt resigns as SEC Chairman - Bernanke announced Fed Monetization plans - Lula in Brazil (cannot avoid) default looms more likely - Chinese Shanghai Gold Exchange looms more important - Islamic Dinar conference agreements loom more ominous - large US States fiscal crises from huge debts (Calif, NY, MA) - GM & Ford desperately fight off bankruptcy - ONeill resigns (fired as) Dept Trez Secretary signals change - Lindsey resigns (fired as) Economics Advisor signals change - inspections in Iraq stir international keg of dynamite it will be 1980 again before we know it / jim

To: Knighty Tin who wrote (10085)	12/7/2002 11:10:57 PM
From: SOROS	Respond to of 89467

I don't think we totally disagree. I said a major part of the blame goes to Clinton -- not all. Someone said Bush is clueless. This may be true -- especially economically. He probably thinks he has a handle on this and is helping. I'm beginning to think his purpose (even if he does not know it) will be to help speed along a world currency and economic crisis. Whether he is in on the design or not, I'm not yet certain -- we all know the "crazy like a fox" saying. But I am becoming more certain he will fulfill a purpose. Unfortunately, it will result in a drastic change for America more than any other country. America has the most to lose, and psychologically, it is much harder to lose a great deal than the thrill of gaining a great deal. I remain, SOROS