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The name of the book is "The Technological Society"
by Jacques Ellul. Its available a Amazon.com and other web booksellers.
Most of Ellul's books are worth reading as he deals with facts.
Lionel Issen<A
href="mailto:lissen@xxxxxxxxxxxxxx";>lissen@xxxxxxxxxxxxxx
<BLOCKQUOTE dir=ltr
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Lionel
Issen
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx
Sent: Wednesday, September 12, 2001 5:11
PM
Subject: Re: [RT] The day after
Ralph:<FONT face=Arial
size=2>
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style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
You really don't understand technology and its
effects on us and on society The technological system has built in problems,
like the Los Angeles, NY police departments, Microsoft software, and Compaq
computers. You can compare a bureaucracy (government or private sector) to a
mindless computer. It isn't a few bad apples or narrow minded technologists
that cause the problems, it is the technological system itself. Now I
am not anti technology nor am I interested in the simple life in a cave. But
really Ralph, technology will not give us nirvana on earth. We need to
understand the impact of technology on us and on society before we blindly
accept it.
Some years back I came across a book on this
subject, I forget the title. The author's thrust was that new
technology often brings as many problems as it tries to solve. The book was
published about the time that the facts about DDT broke into the public
awareness causing it to be banned worldwide. You might read the
congressional and senate hearings on DDT.
Lionel Issen<A
href="mailto:lissen@xxxxxxxxxxxxxx";>lissen@xxxxxxxxxxxxxx
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=DavidJennings@xxxxxxxxxxxxx
href="mailto:DavidJennings@xxxxxxxxxxxxx";>David Jennings
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>Metastock List
Sent: Wednesday, September 12, 2001
2:57 PM
Subject: Fw: [RT] The day after
It is important to read the counterbalancing
argument. I pray that we all have the resolve to uneqivocally hunt out these
low life, such that these attrocities can never happen again. That way,
maybe those who have lost their lives to terrorism will not have died in
vain.
----- Original Message -----
From: <A
title=rjv@xxxxxxxxxx href="mailto:rjv@xxxxxxxxxx";>Ralph Volpe
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, September 12, 2001 6:17 PM
Subject: Re: [RT] The day after
Jean Jacques:
<BLOCKQUOTE
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Your comments about technology make no sense! The problem is not the
development of technology but the misdirected liberals that stymie free
societies from protecting themselves today. These are people who fail to
properly identify problems and; therefore, can't execute appropriate
solutions. Technology should not have to be defended but let me remind you
that all of the wondrous things we enjoy today are do to technology and all
tomorrow's problems will be solved by new technological innovations. Those
who defame technology or attempt to destroy it (as in the Trader Center
attacks) are those who fail to grasp its true significance or have some
other sinister agenda.
The problem in the world is not with technology but with monsters that
are somehow considered part of humanity. It's our lack of determination to
efficiently and deftly deal with aberrant individuals that's the problem.
There are simply too many people that would rather find excuses for
inaction. You sound like you may be French, and if you are, then you should
reflect back on the German buildup and ultimate invasion of France. It was
not technology that created that horrible point in time, it was failed
societies that ignored the dangers of a monster in their neighbor. It was a
lack of resolve, and I hope America can demonstrate the courage and
leadership the world needs to preserve our current values in the face of
these destructive forces.
As for Star Wars, I am one that hopes it is developed as quickly as
possible. No, it wouldn't have stopped this latest tragedy, but it would
remove the fear of greater ones and not simply the attack on one center. As
yesterday's attack proves, America is the target of these monsters because
we are the world leaders. Therefore, those outside of this county shouldn't
pooh pooh America's desire to defend itself, and thereby defend all others
who value the financial and political freedoms most of the world currently
enjoys.
Yes, the terrorists may have had smuggled weapons onboard those planes
but that's no reason to stop developing technology. Free nations have to be
more committed and dedicated to prevent such acts, and I think a
collective spirit is developing to make that a reality. And for you to
criticize the building of large office complexes is stupid. Would you have
also thought that leaving our caves was an unnecessary step due to
disruptive and abusive technology? Yes, the buildings concentrated people,
but there are very good reasons for such complexes and I'm not going to
lecture you like I would my grandsons. The fault wasn't the concept or
technology -- it was the result of monsters that should have been eradicated
long ago but we failed to assess their true danger. I think that period is
now over. Pearl Harbor taught us one lesson, this is teaching America
another one.
As for this hurting companies developing the technology of tomorrow, you
must be really young. Think back to World War II. Thank goodness the free
nations had the desire and will to turn their technologies into military
machines that ultimately destroyed the Axis powers -- and freed France from
occupation. Preparing for defense, and I hope offense in this case, doesn't
thwart technology, it serves to stimulate it.
Ralph
Jean Jacques Chenier wrote:
The day after. <FONT
face=Arial>While we mourn our friends, acquaintances and
colleagues our duty is to understand what will be the impact of
yesterday?s tragedy on the financial markets. This major event could mark
a shift away from America?s heavy reliance on technology and have
tremendous consequences on the way America function on the
way. Firstly the failure of
American intelligence is obvious. American intelligence relies heavily on
signals intelligence (SIGINT). Signals intelligence includes any
intelligence collected from intercepted communications, such as microwave,
landlines secret writing, or electromagnetic emanations (e.g., foreign
radar signals or telemetry from an object of intelligence
interest.) This strategy has clearly shown its limits in
fighting terrorism, which is likely to be the war of the
future. Secondly, the ?Star
War? pet project of president Bush has been proved today to be a dream
that would be unable to protect the American population from terrorists
attacks. Again high tech and huge amount of taxpayers? money is of little
help to fight determined terrorist. <FONT
size=-1>Thirdly, we all go through metal detectors and X-Ray machines
before boarding aircrafts. Yet fanatics have been able to smuggle weapons
in order to highjack several airplanes. <FONT
face=Arial>As for the World Trade center itself, it may look
as another failure of technology. It was planned to stand a 707 crash. The
fact that the World Trade Center has been targeted twice is no
coincidence. To gather so many people in the same place was an accident
waiting to happen. The fact that the technology did exist to build it
should not have been a reason good enough to do it. Again there was a huge
amount of money spent and a naive belief in technology.
Yesterday?s tragedy may lead the American
people to reassess its belief in technology. <FONT
face=Arial>A very possible consequence of yesterday?s horror
may be a continuous slide on the technology laden Nasdaq index. All the
stock indices will suffer , as whole sectors of the economy will be hurt:
financial services of course (some of them head-quartered in the World
Trade Center, other had their back offices), airlines, hotels etc. but the
Nasdaq is likely to suffer the most. In last week?s newsletter (see our
web site http://www.alterama.com) we
were forecasting a drop of the S&P500 to 930, an objective that we
might reach sooner than we thought. As for the Nasdaq 100, we reiterate
the objective of 1,100 that we stated several times in 2001.
Jean Jacques Chenier
Alternative Asset Management,
Inc. Tel: 646 840
0385 E-mail: <A
href="mailto:JChenier@xxxxxxxxxxxx";>JChenier@xxxxxxxxxxxxTo
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