Friday, March 26, 2004

The Next Sound You Hear

may be a crash...

"the question is not if we are going to have more attacks on U.S. soil, but when. That may not be news, but it is clear Americans are in denial about this truth, and that denial, unfortunately, will set you up for failure in your personal finance.

As a result of the Afghan and Iraq wars the global political landscape has become more destabilized than before. The Israeli roadmap for peace has collapsed. The Pakistani offensive against al-Qaida now looks like a farce. And the post-Madrid television warnings from bin Ladin's mastermind al-Zawahiri that "death brigades" are 90 percent in place to carry out new terrorists' attacks inside America's borders have an ominous promissory ring to them, as did the warnings of the blind cleric during his trial after the 1993 bombing of the World Trade Center.

So the "when" we heard from Buffett and Rumsfeld appears much closer on our radar than a few years ago. Indeed, the current 9/11 hearings reveal an inept government intelligence system that can easily be outwitted by determined terrorists armed with low-tech weapons focusing on new and unsuspecting targets.


we are already mired in World War III, a global cultural war that has been accelerating for over a decade, and we must fight enemies who have made it clear in no uncertain terms that they will be trying to kill us and our way of life for generations. "

...I'm sure if I looked hard enough, I could find someone with a more pessimistic outlook but why bother?

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