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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (4434)2/27/2004 10:09:09 PM
From: ChinuSFORespond to of 81568
 
Where are Iraq's Pentagon papers?
By Daniel Ellsberg, 2/22/2004

AS MORE and more of our young men and women come home from Iraq crippled or in body bags this election season, Americans ask, with increasing urgency, "Why did we send our children to die in Iraq? Was this war necessary?" Indeed, Tim Russert asked the president precisely that on "Meet the Press" a few weeks ago: "In light of not finding the weapons of mass destruction, do you believe the war in Iraq is a war of choice or a war of necessity?"

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President Bush replied "It's a war of necessity. . . . the man was a threat. . . . the evidence we have uncovered so far says we had no choice."

To the contrary. The evidence uncovered so far says that Saddam was not a threat, to us or his neighbors. Nor -- lacking any evidence of complicity in 9/11 or links to Al Qaeda -- was there a persuasive case that he would have been a significant threat even if he had possessed WMDs.

...contd. at boston.com



To: Bearcatbob who wrote (4434)2/27/2004 10:17:41 PM
From: ChinuSFORead Replies (1) | Respond to of 81568
 
NVLS (Novellus systems) down 1.25 in the last 10 trading sessions.

AMAT down 1.07 in the last 10 trading sessions.

INTC down 1.60 in the last 10 trading sessions

Doesn't look like the BB ratio has an impact on the stocks. YOu think we need to have a consistent above 1.0 for say 3 months?



To: Bearcatbob who wrote (4434)2/27/2004 10:19:28 PM
From: Lizzie TudorRead Replies (2) | Respond to of 81568
 
Look, the point is that we have had anemic capital expenditures throughout this entire "recovery" (1-2% according to Chambers and recently Fiorina) and no job growth. All these predictors of strong economic growth have been roaring for months and nothing seems to be happening. The nazdaq for 04 is essentially flat. 03 was good, but I firmly believe that much of the runup occurred because investors *believed* these figures the white house spits out about "good times coming". Now, nobody believes it anymore and we are getting headlines like this:

GDP jumps, raising hopes for recovery
tucsoncitizen.com

In other words even the press isn't buying the white house spin anymore... until we get solid jobs growth and rising wages this is only a recovery for a few FOBs and CEOs, it is NOT a general economic recovery until we start raising the standard of living again.