Bob's Links and Rants

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Thursday, September 19, 2002

Apologies to readers whose financial welfare is riding on the stock market, but I myself am pulling for a further crash. Right now the Dow is teetering on the 8000 mark--if it makes it down to 7000 in the next few weeks it should start dominating the news again and maybe giving Congress the backbone to say "no time for war talk; let's fix this thing." If it makes it to 6000 by November there will be Democratic majorities in both houses of Congress (certainly not ideal, given the nature of Democrats these days, but certainly better than the alternative). Lower still and we might finally have serious talk about restructuring our economy away from growth, fossil fuels and mega-corporations. Maybe just dreaming, but it seems to me that a major economic crisis now might be the best hope for avoiding apocalypse later. It's how we got rid of the last Bush, it's probably the only way to get rid of this one.