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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (46559)	2/15/2006 10:11:58 PM
From: NOW	Read Replies (1) \| Respond to of 116555

"Life trumped farce last Saturday when the Vice President of the United States shot his hunting companion in the chest and face with a load of birdshot while hunting in south Texas. Mr. Cheney is apt to send bombs and missiles flying toward the general vicinity of his targets in the hope that the intelligence of the missiles would make up for the stupidity of his generals. Clearly his shotgun wasn’t smart enough to compensate for his own lack of basic intelligence. Of course, this is the man who seized on Art Laffer’s cocktail napkin for the excuse to destroy the American economy. Faced with the consequences of that round of drinks his solution was to turn to a strategic plan authored by Richard Perle. It was simple enough: start a world war. We agree; faced with extinction, we don’t think that deficits matter much either. War is not known for its positive effects on stock markets, although in the twentieth century the aftermath of America’s wars always resulted in big stock rallies as the nominal price of stocks raced to catch up with the wartime inflation of money. While the Pentagon is happily planning for the next Hundred Years War, the Anglo-American banking system is planning for a world in which it monopolises the world monetary system, regulating itself and inflating its balance sheet without end thanks to its control of money and derivatives. If you think this a crazy world view, you haven’t read either the Basel Two Accord or Yale economist Robert Shiller." sandersresearch.com