Slowdown Fears Rife

Slowdown Fears Rife

Markets and Dollar Sink as Slowdown Fear Increases - New York Times

As predicted when Mr Bush lowered tax rates for the very rich - the US economy devalued itself giving it the impression of a lot of spare cash. But he had gone to war with an already crippled Iraq and has spent hundreds of billions getting American troops in Iraq killed for very little resulting improvement in world safety from terrorism.

When an economy becomes too sanguine (too much blood in it) for too long - idiots start throwing billions about. Weird ideas spring forth like crazed cults and adherents may be expected to invest in companies and ideas that have no real product or effect no real change. (I am not talking about Google - here we have an economy developing its own force from the work of a simple workable idea. Text advertising on the internet is not a new idea that Google suddenly came up with, there was text advertising already. What they did was leverage it against relevance. Effective useful advertising has value. Google did what others were stabbing in the dark trying to make work. They provided motivations for each part of their business to work with other parts of their business).

Instant public perception reveals the turkey - but sometimes not before thousands have thrown millions at it. Too much property investment capital inevitably results in sales that get reversed. Too many mortgagee sales depresses prices. Declining prices could become deflation. That would cause massive problems.

What flooding the market with low value dollars has done is cheapen the US economy. Hence the foolhardy effort to get everyone on the mortgage train we now insidiously refer to as sub-Prime. No-one is talking about how many citizens are losing their homes in the USA as a result of Bush indifference to the needs of real people. It has provided the grass roots market players with a sense of uselessness - or irrelevance.

What we hear about is how investors are losing their punts in these non-productive organs of real estate wheel greasing. How many cents in the dollar they can expect. It is a damning and sad story but not half as hard as the young couple expecting who suddenly lose their house and entire life structure. Not to mention to effect on the overall health of the USA economy. How are they going to make productive lives for themselves now?

Some one please tell me how this is a good result of the Bush tax massacre?

Go on - go to the Discussion site and lecture me on the merits of running huge deficits to fight a war that has little economic benefit but heavy costs. Where is the beef?

President Warns of Afghan Battle

President Warns of Afghan Battle

Pressing Allies, President Warns of Afghan Battle - New York Times - even Bush himself acknowledges that the efforts in Afghanistan may come to nothing if the military success of the American presence there is insufficient.

Compare the American contribution to Afghanistan of 13,000 troops with the 170,000 Bush wants in Iraq and the scale appears out of whack. The Taliban established they were prepared to protect Al Qaeda and Osama bin Laden, giving America adequate reason to attack militarily and establish a more moderate Government in Afghanistan. But instead of acting forcefully to promote democratic ideals, the US Government has underfunded completion of the military goals, and now with the once avoidable expense of Iraq to contend with, the problem is larger than it was before.

Strategy can not be shot from the hip. This man exposes the singular logic of an all powerful Commander in Chief being in control of these wars. Bush is convinced that he is right. Perhaps he needs to be. But one must wonder if Bush is best man for the job, since it must be done by one man, perhaps Bush should retire. So far his record is a testament of exactly how not to win a war.

Bush will continue to lead America by the nose into conflict. Not that he wants to, but that he has blundered his way into a quagmire and is unlikely to have the smarts to conclude the mess gracefully as the months count down to zero, the same realization will dawn on the American electorate.

The republicans best nominate an anti war candidate. How the winds of politics are turning.

More Al Gore

More Al Gore

The Politico - we are not the only publication that sees Al Gore rise above the crowd - but whether he runs or not may not depend upon the politics of destiny, the choice is his alone to make.

The signs are that he is well placed to do it. Being away from politics means that he did not vote for the Iraq invasion. If he wins an Oscar for An Inconvenient Truth it will only encourage voters to see him as a leader. The one they should have got in the first place. Of course the danger is the reintroduction of old thinking but Al Gore was VP when American was suffering from one huge surplus after another. The main problem was the stupid Republican attack dogs savaging Monica and Bill. That was an extraordinary time designed to convince America to lurge toward the right far enough to let a fundamentalist Christian into the White House to delivery on the Book of Revelation. So far, Bush has brought the Doomsday Clock back to single figures - if he had finished Afghanistan before lunging into Iraq, it would be a sunny afternoon, but instead American needs the second coming of Al Gore to save it from its reaction to the terrorism medicine.

It is no longer a question of the Democrats fielding a believable warrior or war hero, it is the intelligence and focus, it is the solution to the problem of the multi-headed wars on terrorism. Many are also terrified of what climate change is doing to the world.

Al Gore - America needs someone with out fear and with conviction to change the way it is to the way it will be. The future with an Al Gore presidency is a clear choice. The future with any of the other potential Democrat candidates does not have that advantage.

Democrats should run with their best choice and not consider what the republicans will do all that much. John McCain is more credible than Guilliani. Who is the in the lead there may determine the VP choice - but if Al Gore steps forward we are looking forward to his term as President - and we also predict that this is a likely outcome and that the Iraq / Iran / Israel situation stands to have some progress in the next twenty years.

Slowdown Fears Rife

Slowdown Fears Rife

Markets and Dollar Sink as Slowdown Fear Increases - New York Times

As predicted when Mr Bush lowered tax rates for the very rich - the US economy devalued itself giving it the impression of a lot of spare cash. But he had gone to war with an already crippled Iraq and has spent hundreds of billions getting American troops in Iraq killed for very little resulting improvement in world safety from terrorism.

When an economy becomes too sanguine (too much blood in it) for too long - idiots start throwing billions about. Weird ideas spring forth like crazed cults and adherents may be expected to invest in companies and ideas that have no real product or effect no real change. (I am not talking about Google - here we have an economy developing its own force from the work of a simple workable idea. Text advertising on the internet is not a new idea that Google suddenly came up with, there was text advertising already. What they did was leverage it against relevance. Effective useful advertising has value. Google did what others were stabbing in the dark trying to make work. They provided motivations for each part of their business to work with other parts of their business).

Instant public perception reveals the turkey - but sometimes not before thousands have thrown millions at it. Too much property investment capital inevitably results in sales that get reversed. Too many mortgagee sales depresses prices. Declining prices could become deflation. That would cause massive problems.

What flooding the market with low value dollars has done is cheapen the US economy. Hence the foolhardy effort to get everyone on the mortgage train we now insidiously refer to as sub-Prime. No-one is talking about how many citizens are losing their homes in the USA as a result of Bush indifference to the needs of real people. It has provided the grass roots market players with a sense of uselessness - or irrelevance.

What we hear about is how investors are losing their punts in these non-productive organs of real estate wheel greasing. How many cents in the dollar they can expect. It is a damning and sad story but not half as hard as the young couple expecting who suddenly lose their house and entire life structure. Not to mention to effect on the overall health of the USA economy. How are they going to make productive lives for themselves now?

Some one please tell me how this is a good result of the Bush tax massacre?

Go on - go to the Discussion site and lecture me on the merits of running huge deficits to fight a war that has little economic benefit but heavy costs. Where is the beef?

President Warns of Afghan Battle

President Warns of Afghan Battle

Pressing Allies, President Warns of Afghan Battle - New York Times - even Bush himself acknowledges that the efforts in Afghanistan may come to nothing if the military success of the American presence there is insufficient.

Compare the American contribution to Afghanistan of 13,000 troops with the 170,000 Bush wants in Iraq and the scale appears out of whack. The Taliban established they were prepared to protect Al Qaeda and Osama bin Laden, giving America adequate reason to attack militarily and establish a more moderate Government in Afghanistan. But instead of acting forcefully to promote democratic ideals, the US Government has underfunded completion of the military goals, and now with the once avoidable expense of Iraq to contend with, the problem is larger than it was before.

Strategy can not be shot from the hip. This man exposes the singular logic of an all powerful Commander in Chief being in control of these wars. Bush is convinced that he is right. Perhaps he needs to be. But one must wonder if Bush is best man for the job, since it must be done by one man, perhaps Bush should retire. So far his record is a testament of exactly how not to win a war.

Bush will continue to lead America by the nose into conflict. Not that he wants to, but that he has blundered his way into a quagmire and is unlikely to have the smarts to conclude the mess gracefully as the months count down to zero, the same realization will dawn on the American electorate.

The republicans best nominate an anti war candidate. How the winds of politics are turning.

More Al Gore

More Al Gore

The Politico - we are not the only publication that sees Al Gore rise above the crowd - but whether he runs or not may not depend upon the politics of destiny, the choice is his alone to make.

The signs are that he is well placed to do it. Being away from politics means that he did not vote for the Iraq invasion. If he wins an Oscar for An Inconvenient Truth it will only encourage voters to see him as a leader. The one they should have got in the first place. Of course the danger is the reintroduction of old thinking but Al Gore was VP when American was suffering from one huge surplus after another. The main problem was the stupid Republican attack dogs savaging Monica and Bill. That was an extraordinary time designed to convince America to lurge toward the right far enough to let a fundamentalist Christian into the White House to delivery on the Book of Revelation. So far, Bush has brought the Doomsday Clock back to single figures - if he had finished Afghanistan before lunging into Iraq, it would be a sunny afternoon, but instead American needs the second coming of Al Gore to save it from its reaction to the terrorism medicine.

It is no longer a question of the Democrats fielding a believable warrior or war hero, it is the intelligence and focus, it is the solution to the problem of the multi-headed wars on terrorism. Many are also terrified of what climate change is doing to the world.

Al Gore - America needs someone with out fear and with conviction to change the way it is to the way it will be. The future with an Al Gore presidency is a clear choice. The future with any of the other potential Democrat candidates does not have that advantage.

Democrats should run with their best choice and not consider what the republicans will do all that much. John McCain is more credible than Guilliani. Who is the in the lead there may determine the VP choice - but if Al Gore steps forward we are looking forward to his term as President - and we also predict that this is a likely outcome and that the Iraq / Iran / Israel situation stands to have some progress in the next twenty years.