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To: TobagoJack who wrote (39066)10/1/2003 8:52:31 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
When amateurs try to do things that professionals do the result is catastrophic. All that creativity that is required to do business all over the world, all that grease that makes the economic world go around no longer is possible. This new development, is now harming the economy.

I explain.

Before all the deals were possible by using creative ways to make business possible. The Germans, Scandinavians, the French, Austrians, Dutch are masters on that. This was done all over the world and was standard procedure. Until the US stepped in and screwed up. First the US steps in banning creativity. The businesses reacted by putting Kiwis, Australians Canadians whatever, as CEO of their companies abroad, to protect the US citizens, who if put in those positions would be jailed.

The result was good. Then they, clumsily, tried to do it INSIDE THE US!! but have no finesses or savoir faire, result: ENRON and WCOM.

Now we are trying to get some creative finance. To no avail: The reply is: look three years ago we would do it without any problem. Now it is not possible. Al problems are related to how the deal will appear in the books. You see!! I want to talk with the Chinese from Huawei now. Perhaps they will be more "aggressive"



To: TobagoJack who wrote (39066)10/2/2003 2:16:19 PM
From: Hawkmoon  Read Replies (2) | Respond to of 74559
 
I will continue this discussion of your Post #1364 next year as all will be discussing just how strong and sophisticated the current US administration is.

Look forward to it..

But you might want to tone down the interpretation regarding "strong and sophistication".. What I'm saying is that Bush's regime is not the bunch of bumbling polly-annas which seemed to constitute the previous administration. But that doesn't mean they won't make mistakes, or miscalculate. To err is human, to ignore realpolitik, foolish delusion.

For one, they understand that appeasement only makes your adversary more cocky, leaving a bigger problem to be dealt with down the line. (N. Korea). Many of the fearmongers thought that Bush's hardline approach would ignite a war on the peninsula. But others, like myself, understood that the last thing China wanted was such a war, and that Bush's requirement for multi-lateral talks would eventually cause Bejing to step in and fulfill its obligation as N. Korea's patron.

Secondly, they seem to know how to "draw a line in the sand" and stand for something. And while the UN may not like how it happened, we've seen some element of change in how they are doing their job. Iran, for instance, is being accused of violations similar to what was alleged against Iraq. And the IAEA, Europe, and UN are showing some spine in regard to that threat.

Thirdly, I believe they understand the long-term struggle we're involved in related to militant Islam. However, I believe they are being politically pragmatic about trying to nip it in the bud using limited war and political leverage, rather than opting for total mobilization aimed at engaging in a larger war against those who advance the belief.

Lastly, they know that US vital interests cannot be compromised merely to satisfy the corrupt and cynical economic interests of a few of our allies.

Let the chips fall where they may...

Hawk