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

To: westpacific who wrote (20045)	6/6/2003 6:58:41 AM
From: Jim Willie CB	Respond to of 89467

ride the bull right over the cliff, just like 1999 that is where this is heading the stock rally flies in the face of two major realities 1. dollar decline trend 2. job loss trend no major industrialized nation in modern history has ever experienced anything BUT an economic recession as its currency went into decline you are falling hookline & sinker for this bullshit this is the longterm bubble retest, which will fail this one has a major financial mortgage and Trez bubble behind it three risks to upset the Fed Master Moron Plan 1. imported price inflation from Asia 2. job losses, since all financial engg here 3. energy costs rising you are a dupe, my friend as for Iraq, so far no production online, and none for some time you are overlooking a significant event in May Al Qaeda attacked the Saudi royal family in Riyadh their next move might be interruption of oil flow you are betting for vastly greater blood flow when a noose is tightening around the Middle East's neck have you noticed crude oil over $30 again ??? next winter we will see part#2 to the Natural Gas crisis it will complement the crude oil picture all the risks above have two big consequences 1. shrinking corporate profits 2. shrinking consumer budgets you fall for the stock charade you fall for the hegemony story over MidEast oil maybe you also think the USDollar will simply level off ?????????????????????? or that the declining USDollar is a positive for the economy ??????????????????????? I dont buy either here are other whatifs for you what if the sun doesnt rise tomorrow? what if our farms dont see any new crops growing? what if men lose interest in the pursuit of female sexual satisfaction? what if the Fed can engineer wealth for all Americans? what if we lose all our rights and must worship the dollar? get a grip / jim