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> OIL. That's why.
Bingo.
> All countries would do well to significantly
> reduce dependence on oil. It should be our
> national battle cry. Unfortunately for America,
> alternative technology receives little federal
> support. And that, in my opinion, is our real
> long term problem.
Exactly right Mark. Not only does alternative energy
not receive federal support, the feds have tried to
crush it. Back in the mid 1980's Reagan eliminated
tax credits for alternative energy effectively killing
that fledgling industry just as it was taking off. There
has been basically no substantial federal support
by ANY administration since.
We are willing to spend billions fighting wars in
the mid-east, but will not allow for millions in
tax incentives to help solve the problem
right here at home.
BW
----- Original Message -----
From: "Mark Jurik" <mark@xxxxxxxxxxxx>
To: "'Omega List'" <Omega-list@xxxxxxxxxx>
Sent: Sunday, September 16, 2001 9:58 PM
Subject: RE: edgy situation -- controling energy sources
> >>...and finally, no matter how you look at it
> it's the war of religions. it is basically radical Islam
> against Judaism and Christianity...<<
>
> Bilo,
>
> I believe the underlying tension is even
> more fundamental.
>
> The key concept here is ENERGY. You can't
> expend it if you don't have it and currently
> the major source of energy is OIL. It's not
> Christianity versus Islam. Rather it's
> western nations fearing a huge Islamic bloc
> controlling much of the world's oil.
>
> Up to now, the western policy has been to
> keep those nation dis-unified, so they can
> be related to on a case-by-case basis. Muslims
> are looking for a unifying leader and the
> west, by their foreign policies, amplified this
> need and unintentionally gave them one: U.B.L.
>
> Fighting the resulting terrorism has no short
> term solution. UBL, if killed, will simply
> be replaced by another because the underlying
> tension is still there.
>
> I see only a long term solution. Let Islamic
> countries band together and develop an economic
> bloc. Why not? Right now there are European,
> Southeast Asian, and North American blocs. Soon
> there will be a Chinese bloc with billions of
> people. So why not a Mideastern bloc?
>
> OIL. That's why.
>
> All countries would do well to significantly
> reduce dependence on oil. It should be our
> national battle cry. Unfortunately for America,
> alternative technology receives little federal
> support. And that, in my opinion, is our real
> long term problem.
>
> - Mark Jurik
>
>
>
>
>
>
>
> ----------
> From: Bilo Selhi
> Sent: Saturday, September 15, 2001 3:12 PM
> To: Omega List
> Subject: edgy situation
>
> apparently this sounds like a serious
> matter and most likely we will have
> prolonged "war", you might call it WW two and half.
>
> it will be impossible to eradicate jihad
> that's for sure... so it will go on for a long
> time, decades most likely.
> the NATO coalition might have to contain the threats
> with preemptive strikes but the point is that
> this is a never ending ball game...
> this will be like Israel PLO conflict.
>
> the most likely scenario is that jihad will try to
> inflict as much small damage on US/Nato as possible.
> it looks like all they want is some loving and attention.
> it is very likely that the nuclear weapons will be
> used in the future although years from now,
> by jihad against either US or
> Nato countries or Israel...
> it's just a matter of time, i think.
>
> one small nuke can destabilize the whole world
> and put in financial ruin...
> just imaging instead of TWC destroyed they
> would set off a nuke in NY city limits.
> a small 50KT nuke would obliterated a good part
> of the city... NY will have to be evacuated and
> that will be the end of the economy as we know it...
> i can't even imagine what would happen with
> US and world economy in that case. it will be
> a depression for a decade or so.
> this is the most serious threat, the rest we can deal
> with...
>
> i think NYSE and NAZ have to be relocated in
> a secure military like location along with other
> key NY financial institutions...outside of city limits...
> DC has to be closed of and secured for sure because if they
> do it there it will be even worse...
> this bring up the argument of fully electronic markets...
> that's what should be done asap.
>
> we have to invest big buck into technology because
> this is the traditional way of dealing with problems
> like that in the west. more cameras and bugs
> instead of dialogs and hugs.
>
> us businesses have to adapt to new security measures
> but that i think will boost the spending a bit short term.
> military will have to spend more money so overall
> it should help the economy...
>
> we should doulbe the CIA, NSA, FBI budget
> give them all the money they need to know
> where every gram of plut. and uran. is at any second.
>
> depending on the final makeup of the coalition
> governments, if Saudis, Egypt, Jordan, Pakistan
> stay on our side the oil price should stabilize.
> but any neutral position of any of those countries
> will immediately destabilize the oil market...
>
> i think it would be a big mistake if US Nato
> formally declares war on Jihad. let them
> fight the war... we should be at piece and
> trying to contain them...
>
> and finally, no matter how you look at it
> it's the war of religions.
> it is basically radical Islam against Judaism
> and Christianity... ( Judaism and Crusaders
> in the word of Usama Bin Laden )
> absolutely nothing new, happened many times
> in the history of mankind... in fact the state of
> the world in the past was different. some centuries
> Islam was dominating, other time Christianity, etc...
> it comes and goes in cycles... as soon as one religion
> starts dominating, the other one starts to resist...
> basic human evolution... my tribe vs your tribe...
>
> remember the very basic concept of coexistence:
> never ever impose on other persons belief systems
> ( religion )... if he prays to the tree let him do it
> if he prays to some god let him do it, unless
> he is asking you to do the same and threatening
> to kill you...
>
> two solutions are possible:
> - eradicate all religions ( not likely and takes time )
> - come up with a unified religion and sell it
> to the masses ( one god for all ) that's what
> we are trying to do now...
> it is however a hard sell and will take time...
> for now it's a pissing contest one who's god
> is can piss farther.
>
> and remember, at different times is history we
> had different gods... and even now we
> probably have at least 10 big ones.
> betcha they are excited now in front of
> their tv sets..
>
> bilo.
> ps. come monday, we will not go short out of
> sympathy and will be closing out the short
> positions if the market starts to go south.
> volatility should pick up and the main thing
> to do is not to panic...as panic is what they
> are praying for that we would do...
> panic is what can ruin our economy and as
> long as we don't we'll be ok.
> the market will have to factor everything in
> and we might see further correction.
> look to buy:
> - economy staples, essentials, food, etc..
> - oils ( depends, might come down )
> - military
> - security techs
> - gold
> - treasuries
> - truck transports
> - communications
> - internets advertisers
> - medicals
> - tv networks
> look to sell:
> - the buck ( don't short )
> - insurance
> - retailers
> - non essential techs
> - software
> - internet merchants
> - airlines
> - autos
> - banking
> - financials
> - bios
>
> expect the fed to step in with a
> 1/4 point boost at any time.
> expect active fed.
>
> don't short, it's danger time and
> it not patriotic.
>
>
>
>
>
>
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