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

To: abuelita who wrote (10356)	12/12/2002 10:06:18 PM
From: Jim Willie CB	Respond to of 89467

1870 railroad, 1930 cars/radio, 2000 communication highway transportation is the common theme in the last three world busts in 1870, a race ensued to reach the west coast by railroad profit didnt matter they abused credit to accomplish their goals numerous busts occurred the smartest of the rail builders won the whole enchilada in 1930, everyone wanted a car they abused credit to accomplish their goals communications entered the picture, requiring highways radio and television exploded on the scene people discovered the abuse of credit to purchase stocks all manner of banks were destroyed numerous busts occurred the world monetary standard GOLD was shattered in 2000, everyone wanted broadband, wireless phones trans-oceanic and trans-continental fiberoptic lines were laid worldwide cities nationwide were almost all connected via fiberoptic they still need that last mile connection wireless towers were laid worldwide, in cities, on highways long distance telephone connections were way overdone also the internet exploded on the scene they abused credit to accomplish their goals numerous busts occurred the common theme is transportation (of something) first in 1870 people and supplies in distribution then in 1930 people and communication now in 2000 information, communication we are about to witness the transportation sector implosion we have seen the early destruction with airlines railroads have been a basket case for decades now FINALLY THE AUTOMOBILE SECTOR IS TO FACE DESTRUCTION the other distribution-related sector is utilities delivery of natgas, electricity ask Calif Gov GrayMatterNone Davis if utilities are in trouble the utility sector is facing near extinction now what next? the Federal Govt will purchase cars for us? nothing would surprise me in spring 2003, we have a nasty United Auto Worker strike coming I expect several national airlines to become nationalized I expect both large car mfrs to become nationalized then they all will have their losses monetized ALL FOR THE GREATER GOOD the Austrian Gold Revenge is soon to strike an accelerated money supply and debt extension must be accomplished, just to maintain the current level of economic activity !!! / jim