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This whole situation can be divided into three areas of concern for TRADERS.
MORALITY: This is a personal judgment each and everyone of us can make for
ourselves. It affects only the people in our immediate lives and our
personal conscious.
LEGAL: The legal process is one which checks our own integrity in the eyes
of the world. The key words are " the eyes of the world". This process will
determine how this situation is disposed of once and for all.
GLOBAL ECONOMIC IMPACT: This will be the guiding light for the legal
maneuvers, and may take months to solidify into a meaningful direction. The
initial polls (for now) are showing little change. If the "eyes of the world
" see this as a negative, and our country starts to see net capital flows
out of the country, ginny bar the door. When the public sees their jobs and
lives being affected by this, the tune will change, and the polls will too.
This would be ideal for Congress since it will be clear what the public
wants. QUESTION: Does the public see the global picture? Will it be too
late and force us into a recession? Cracks in the structure are apparent to
those with a global perspective. People are selfish by nature, and therefore
ask themselves, "How has this affected me?" , will a time horizon of next
week Tuesday. Of course it hasn't , you narrow minded boob!!!!
Respectfully submitted,
Richard J. Chehovin
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