Re: Warming or cooling of global (economy)

----- Original Message -----
From: Judith Kallo <jdkallo@ix.netcom.com>
To: <wsn@csf.colorado.edu>
Sent: Thursday, March 15, 2001 3:11 PM
Subject: Warming or cooling of global (economy)


> Must admit that I enjoy your discussions and learn a lot from it.  Being
> from Eastern Europe I learned to "interpret the news" so seemingly don't
> have that much difficulty when attempt to "decode" whatever I
> hear/read.  Could someone help me with the interpretation of the
> following Netscape "cover-page-message":
>
>
>                             "Stocks rebounded
>                             Thursday morning but
>                             still struggled on
>                             worries of a cooling
>                             global economy."
>
> "Still struggled on worries" concerns me and I don't get it- what do
> they mean by "global economy"?  I don't see that much "cooling" in Asia
> - and let me be naive what are we worried about global warming or
> cooling (of global economy) or both?
> j
>

"We" are "worried" about a "global cooling" of the economy. No one in
economics is worried about global warming. President Bush just high fived
his coal and oil money rollers by saying he wasn't going to enforce laws
regulating carbon dioxide - moreover, his cartel is going so far as to
declare that it is not a pollutant. I too watch the news with an eye to
decode: notice that those who deny global warming are always those who have
interests in the stock markets and in right wing politics.

I watched with a particular glea yesterday as the stock market fell beneath
the 10,000 mark, a "psychologically safe" point as the economic pundits
declared. It occurs to me that the stock market is just the latest
manifestation of the phallic - when's its up everybody is happy, when it's
down everyone is sad.

TC