To: jlallen who wrote (756100 ) 12/13/2006 5:00:49 PM From: DuckTapeSunroof Respond to of 769670 Tobin Smith (appears regularly on FOX), from the December 2006 ChangeWave newsletter (vol. 7, #12): A SEISMIC POWER SHIFT HAS occurred in Washington, D.C., since our last issue. Of course I am referring to the blowout congressional victory by the Democrats, who are now firmly in control of the legislative branch. In my opinion this sweeping change in personnel was a referendum on our policy in Iraq, and hopefully we are in for a change of direction when it comes to what is now universally acknowledged—if not explicitly, at least implicitly—as a failure of policy in that country. The good news for those of us chiefly concerned with making money in the stock market is that a new direction in Washington with respect to Iraq is going to be great for our economy and great for our future. Why am I so confident on this front? Well, because the stock market is essentially a mechanism for assessing the future, not the past. The message sent by voters in the midterm elections was strong and unambiguous: America has come to its senses and realized that it cannot afford another trillion-dollar investment in the tragic failure that is Iraq. What we, the voters, proclaimed on Nov. 7 is that we are no longer willing to continue investing the lives of our brave soldiers—and $9 billion a month—babysitting a “civil war” (yes, I chose to use the term before NBC) in Iraq. The message was delivered loud and clear: Victory in Iraq is not worth an endless investment of precious money and the even-more-precious lives of our volunteer servicemen and women. Americans told their elected representatives that no matter how noble and potentially beneficial democracy is in Iraq, and no matter how secure it would make some people feel by killing another 10,000 jihadists, we are not willing to invest another trillion dollars to make it work.