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Resources dry up as joblessness drags on
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Bruce Johnston
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Resources dry up as joblessness drags on
I enjoyed this reading this article! One of the better articles I have read.
Kind of put things into perspective. Flame away if you must. The post is not
intended as a troll, but interesting reading. I don't have time to set a
record on the troll index. Looks like war with Iraq is coming, so expect the
IT industry to get worse. If you are a Cisco hobbiest, no problem!
Enjoy!
Bruce
------------------------------------------------
article...
http://www.mysteries-megasite.com/temp/resouces.txt
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02-07-03 06:24 PM
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Joel Salminen
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Re: Resources dry up as joblessness drags on
Well in regards to the Iraq war comment, historically wars have jump started
a bad economy. It may not seem like it this time (myself a disbeliever
also), the historical facts say different.......I guess we will see.
"Bruce Johnston" <riposa@sierratel.com> wrote in message
news:3e43ec0b@news.sierratel.com...
> I enjoyed this reading this article! One of the better articles I have
read.
> Kind of put things into perspective. Flame away if you must. The post is
not
> intended as a troll, but interesting reading. I don't have time to set a
> record on the troll index. Looks like war with Iraq is coming, so expect
the
> IT industry to get worse. If you are a Cisco hobbiest, no problem!
>
> Enjoy!
>
> Bruce
> ------------------------------------------------
> article...
>
> http://www.mysteries-megasite.com/temp/resouces.txt
>
>
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02-08-03 08:23 AM
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Bernie
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Re: Resources dry up as joblessness drags on
On Sat, 08 Feb 2003 07:30:41 GMT, "Joel Salminen"
<jsalminen@attbi.com> wrote:
>Well in regards to the Iraq war comment, historically wars have jump started
>a bad economy. It may not seem like it this time (myself a disbeliever
>also), the historical facts say different.......I guess we will see.
True, and I agree with your comments. However, what is terrible for
any economy is uncertainty. Right now the prospect (but uncertainty)
of going to war has people worried and in "conserve mode." Once the
war starts, it could very well kick our economy into high gear because
then people won't be worried about going to war. It will be certain
that we are at war, and thus they can simply adjust to us being at
war.
>"Bruce Johnston" <riposa@sierratel.com> wrote in message
>news:3e43ec0b@news.sierratel.com...
>> I enjoyed this reading this article! One of the better articles I have
>read.
>> Kind of put things into perspective. Flame away if you must. The post is
>not
>> intended as a troll, but interesting reading. I don't have time to set a
>> record on the troll index. Looks like war with Iraq is coming, so expect
>the
>> IT industry to get worse. If you are a Cisco hobbiest, no problem!
>>
>> Enjoy!
>>
>> Bruce
>> ------------------------------------------------
>> article...
>>
>> http://www.mysteries-megasite.com/temp/resouces.txt
>>
>>
>
--Bernie
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02-08-03 08:23 AM
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Jonathan
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Re: Resources dry up as joblessness drags on
"Joel Salminen" <jsalminen@attbi.com> wrote in message
news:Bm21a.33143$HN5.112069@rwcrnsc51.ops.asp.att.net...
> Well in regards to the Iraq war comment, historically wars have jump
started
> a bad economy. It may not seem like it this time (myself a disbeliever
> also), the historical facts say different.......I guess we will see.
>
The problem right now is uncertainty... Wall street hates not knowing what
is going to happen...
The market will pick up right after the war is successful... but will it be
sustainable, or will it be just a short spurt...?
Jonathan
>
> "Bruce Johnston" <riposa@sierratel.com> wrote in message
> news:3e43ec0b@news.sierratel.com...
> > I enjoyed this reading this article! One of the better articles I have
> read.
> > Kind of put things into perspective. Flame away if you must. The post is
> not
> > intended as a troll, but interesting reading. I don't have time to set a
> > record on the troll index. Looks like war with Iraq is coming, so expect
> the
> > IT industry to get worse. If you are a Cisco hobbiest, no problem!
> >
> > Enjoy!
> >
> > Bruce
> > ------------------------------------------------
> > article...
> >
> > http://www.mysteries-megasite.com/temp/resouces.txt
> >
> >
>
>
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02-08-03 04:23 PM
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jeff s
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Re: Resources dry up as joblessness drags on
It will depend on how long the war is and how many casualties there
will be. The longer it takes to win the worse for the economy it will
be.
We also need to be mindful of what happens with the oil production, if
the prices go up too much all the people who drive the SUV's getting
10 - 15 mpg will be hurting, if the prices stay high.
Just like the recovery if different then in past recessions so might
the effects of war.
Jeff
On Sat, 08 Feb 2003 16:01:27 GMT, "Jonathan"
<jrcdehc@nospam.nospam.hotmail.com> wrote:
>
>"Joel Salminen" <jsalminen@attbi.com> wrote in message
>news:Bm21a.33143$HN5.112069@rwcrnsc51.ops.asp.att.net...
>> Well in regards to the Iraq war comment, historically wars have jump
>started
>> a bad economy. It may not seem like it this time (myself a disbeliever
>> also), the historical facts say different.......I guess we will see.
>>
>
>The problem right now is uncertainty... Wall street hates not knowing what
>is going to happen...
>
>The market will pick up right after the war is successful... but will it be
>sustainable, or will it be just a short spurt...?
>
>
>
>Jonathan
>
>>
>> "Bruce Johnston" <riposa@sierratel.com> wrote in message
>> news:3e43ec0b@news.sierratel.com...
>> > I enjoyed this reading this article! One of the better articles I have
>> read.
>> > Kind of put things into perspective. Flame away if you must. The post is
>> not
>> > intended as a troll, but interesting reading. I don't have time to set a
>> > record on the troll index. Looks like war with Iraq is coming, so expect
>> the
>> > IT industry to get worse. If you are a Cisco hobbiest, no problem!
>> >
>> > Enjoy!
>> >
>> > Bruce
>> > ------------------------------------------------
>> > article...
>> >
>> > http://www.mysteries-megasite.com/temp/resouces.txt
>> >
>> >
>>
>>
>
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02-09-03 03:24 AM
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nrf
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Re: Resources dry up as joblessness drags on
"jeff s" <onlyjunkmail@email.com> wrote in message
news:edhb4vokb26g7vsc0iih3sk48
m393k0gje@4ax.com...
> It will depend on how long the war is and how many casualties there
> will be. The longer it takes to win the worse for the economy it will
> be.
>
> We also need to be mindful of what happens with the oil production, if
> the prices go up too much all the people who drive the SUV's getting
> 10 - 15 mpg will be hurting, if the prices stay high.
On the other hand, places like Houston and Bakersfield (CA) will experience
a boom. Maybe it's time to join Big Oil.
>
> Just like the recovery if different then in past recessions so might
> the effects of war.
>
> Jeff
>
>
> On Sat, 08 Feb 2003 16:01:27 GMT, "Jonathan"
> <jrcdehc@nospam.nospam.hotmail.com> wrote:
>
> >
> >"Joel Salminen" <jsalminen@attbi.com> wrote in message
> >news:Bm21a.33143$HN5.112069@rwcrnsc51.ops.asp.att.net...
> >> Well in regards to the Iraq war comment, historically wars have jump
> >started
> >> a bad economy. It may not seem like it this time (myself a disbeliever
> >> also), the historical facts say different.......I guess we will see.
> >>
> >
> >The problem right now is uncertainty... Wall street hates not knowing
what
> >is going to happen...
> >
> >The market will pick up right after the war is successful... but will it
be
> >sustainable, or will it be just a short spurt...?
> >
> >
> >
> >Jonathan
> >
> >>
> >> "Bruce Johnston" <riposa@sierratel.com> wrote in message
> >> news:3e43ec0b@news.sierratel.com...
> >> > I enjoyed this reading this article! One of the better articles I
have[
color=darkred]
> >> read.
> >> > Kind of put things into perspective. Flame away if you must. The post[/color]
is[co
lor=darkred]
> >> not
> >> > intended as a troll, but interesting reading. I don't have time to[/color]
set a[col
or=darkred]
> >> > record on the troll index. Looks like war with Iraq is coming, so[/color]
expect
> >> the
> >> > IT industry to get worse. If you are a Cisco hobbiest, no problem!
> >> >
> >> > Enjoy!
> >> >
> >> > Bruce
> >> > ------------------------------------------------
> >> > article...
> >> >
> >> > http://www.mysteries-megasite.com/temp/resouces.txt
> >> >
> >> >
> >>
> >>
> >
>
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02-09-03 08:23 PM
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Bruce Johnston
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Registered: Not Yet Location: Country: State: Certifications: Working on:
Total Posts: N/A
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Re: Resources dry up as joblessness drags on
I think the war is over oil more then anything else. I think the war will
slow the economy down ever more and then if it drags out that will stiffle
the markets. The threat of Al-Qaeda will always keep the markets unsteady,
things could pick up but if another terrorist attack comes here in the US
that will continue to stiffle the economy. I think all of this is pretty
obvious, but that's my 2 cents. If we fight too many wars, who will pay for
it? We pay in more ways then one. I remember during the last war when I was
on the job with my buddies doing ceramic tile in custom homes, we joked
about still laying tile while the bombs were falling. I guess I like to
think of myself plugging networks cables and configuring routers while the
bombs are falling. Sort of like my Dad using his massive ham radio towers to
reach the world during wartime.
Bruce
----------------------------
"nrf" <noglikirf@hotmail.com> wrote in message
news:h4y1a.45041$2H6.1292@sccrnsc04...
>
> "jeff s" <onlyjunkmail@email.com> wrote in message
> news:edhb4vokb26g7vsc0iih3sk48
m393k0gje@4ax.com...
> > It will depend on how long the war is and how many casualties there
> > will be. The longer it takes to win the worse for the economy it will
> > be.
> >
> > We also need to be mindful of what happens with the oil production, if
> > the prices go up too much all the people who drive the SUV's getting
> > 10 - 15 mpg will be hurting, if the prices stay high.
>
> On the other hand, places like Houston and Bakersfield (CA) will
experience
> a boom. Maybe it's time to join Big Oil.
>
> >
> > Just like the recovery if different then in past recessions so might
> > the effects of war.
> >
> > Jeff
> >
> >
> > On Sat, 08 Feb 2003 16:01:27 GMT, "Jonathan"
> > <jrcdehc@nospam.nospam.hotmail.com> wrote:
> >
> > >
> > >"Joel Salminen" <jsalminen@attbi.com> wrote in message
> > >news:Bm21a.33143$HN5.112069@rwcrnsc51.ops.asp.att.net...
> > >> Well in regards to the Iraq war comment, historically wars have jump
> > >started
> > >> a bad economy. It may not seem like it this time (myself a
disbeliever
> > >> also), the historical facts say different.......I guess we will see.
> > >>
> > >
> > >The problem right now is uncertainty... Wall street hates not knowing
> what
> > >is going to happen...
> > >
> > >The market will pick up right after the war is successful... but will
it
> be
> > >sustainable, or will it be just a short spurt...?
> > >
> > >
> > >
> > >Jonathan
> > >
> > >>
> > >> "Bruce Johnston" <riposa@sierratel.com> wrote in message
> > >> news:3e43ec0b@news.sierratel.com...
> > >> > I enjoyed this reading this article! One of the better articles I
> have
> > >> read.
> > >> > Kind of put things into perspective. Flame away if you must. The
post
> is
> > >> not
> > >> > intended as a troll, but interesting reading. I don't have time to
> set a
> > >> > record on the troll index. Looks like war with Iraq is coming, so
> expect
> > >> the
> > >> > IT industry to get worse. If you are a Cisco hobbiest, no problem!
> > >> >
> > >> > Enjoy!
> > >> >
> > >> > Bruce
> > >> > ------------------------------------------------
> > >> > article...
> > >> >
> > >> > http://www.mysteries-megasite.com/temp/resouces.txt
> > >> >
> > >> >
> > >>
> > >>
> > >
> >
>
>
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02-10-03 03:23 AM
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Jonathan
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Total Posts: N/A
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Re: Resources dry up as joblessness drags on
"jeff s" <onlyjunkmail@email.com> wrote in message
news:edhb4vokb26g7vsc0iih3sk48
m393k0gje@4ax.com...
> It will depend on how long the war is and how many casualties there
> will be.
I don't think casualties really effect Wall Street... we need to have a
short victorious war... simple.
> The longer it takes to win the worse for the economy it will
> be.
>
I agree...
If this a standard six-weeker... we will be in very good shape...
> We also need to be mindful of what happens with the oil production, if
> the prices go up too much all the people who drive the SUV's getting
> 10 - 15 mpg will be hurting, if the prices stay high.
>
XXXX them. They made a choice to drive those death traps... let em pay.
However, we will be coming out of winter, so the effect on heating oil,
won't do too much to most people... The current oil problems actually have
nothing to do with the Middle East, but with Venezuela...
> Just like the recovery if different then in past recessions so might
> the effects of war.
>
As long as the war isn't coupled with a massive military downsizing...
Jonathan
> Jeff
>
>
> On Sat, 08 Feb 2003 16:01:27 GMT, "Jonathan"
> <jrcdehc@nospam.nospam.hotmail.com> wrote:
>
> >
> >"Joel Salminen" <jsalminen@attbi.com> wrote in message
> >news:Bm21a.33143$HN5.112069@rwcrnsc51.ops.asp.att.net...
> >> Well in regards to the Iraq war comment, historically wars have jump
> >started
> >> a bad economy. It may not seem like it this time (myself a disbeliever
> >> also), the historical facts say different.......I guess we will see.
> >>
> >
> >The problem right now is uncertainty... Wall street hates not knowing
what
> >is going to happen...
> >
> >The market will pick up right after the war is successful... but will it
be
> >sustainable, or will it be just a short spurt...?
> >
> >
> >
> >Jonathan
> >
> >>
> >> "Bruce Johnston" <riposa@sierratel.com> wrote in message
> >> news:3e43ec0b@news.sierratel.com...
> >> > I enjoyed this reading this article! One of the better articles I
have[
color=darkred]
> >> read.
> >> > Kind of put things into perspective. Flame away if you must. The post[/color]
is[co
lor=darkred]
> >> not
> >> > intended as a troll, but interesting reading. I don't have time to[/color]
set a[col
or=darkred]
> >> > record on the troll index. Looks like war with Iraq is coming, so[/color]
expect
> >> the
> >> > IT industry to get worse. If you are a Cisco hobbiest, no problem!
> >> >
> >> > Enjoy!
> >> >
> >> > Bruce
> >> > ------------------------------------------------
> >> > article...
> >> >
> >> > http://www.mysteries-megasite.com/temp/resouces.txt
> >> >
> >> >
> >>
> >>
> >
>
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02-11-03 11:24 PM
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Jonathan
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Re: Resources dry up as joblessness drags on
"Bruce Johnston" <riposa@sierratel.com> wrote in message
news:3e471161@news.sti.net...
> I think the war is over oil more then anything else.
Actually, the converse is true...
The opposition to the war is over oil...
France has massive oil contracts with Saddam Hussein, which cannot be filled
due to the current UN embargo on Iraq... If the US goes to war with Iraq,
and changes the regime, these contracts can be nullified by the new gov't
that will resent the fact that France wanted to trade with dictatorial
Saddam.
It is actually remarkably unlikely that the US will see any oil out of Iraq
(we get our oil from Canada, Venezuela, Mexico, Saudi Arabia and Kuwait...
and we have gotten our oil from these sources for several decades...), that
oil will probably be sold to Europe and the CIS...
The good side here is that the sanctions against Iraq will vanish the moment
Saddam's head is on a pike... and the people of Iraq will become remarkably
wealthy, and may see a prosperity they have never even dreamed of.
> I think the war will
> slow the economy down ever more and then if it drags out that will
stiffle
> the markets.
A short war will boost the economy... a long war will hurt it, which means
the US and its allies must make the war short, decisive and succesful... I
am sure they can accomplish this.
> The threat of Al-Qaeda will always keep the markets unsteady,
> things could pick up but if another terrorist attack comes here in the US
> that will continue to stiffle the economy.
Probably...
However, the US has been doing a phenomenal job of preventing terrorist
attacks in the US...
> I think all of this is pretty
> obvious, but that's my 2 cents. If we fight too many wars, who will pay
for
> it?
We will, just as we always have, just as we always will.
> We pay in more ways then one. I remember during the last war when I was
> on the job with my buddies doing ceramic tile in custom homes, we joked
> about still laying tile while the bombs were falling. I guess I like to
> think of myself plugging networks cables and configuring routers while the
> bombs are falling. Sort of like my Dad using his massive ham radio towers
to
> reach the world during wartime.
>
> Bruce
> ----------------------------
> "nrf" <noglikirf@hotmail.com> wrote in message
> news:h4y1a.45041$2H6.1292@sccrnsc04...
> >
> > "jeff s" <onlyjunkmail@email.com> wrote in message
> > news:edhb4vokb26g7vsc0iih3sk48
m393k0gje@4ax.com...
> > > It will depend on how long the war is and how many casualties there
> > > will be. The longer it takes to win the worse for the economy it will
> > > be.
> > >
> > > We also need to be mindful of what happens with the oil production, if
> > > the prices go up too much all the people who drive the SUV's getting
> > > 10 - 15 mpg will be hurting, if the prices stay high.
> >
> > On the other hand, places like Houston and Bakersfield (CA) will
> experience
> > a boom. Maybe it's time to join Big Oil.
> >
> > >
> > > Just like the recovery if different then in past recessions so might
> > > the effects of war.
> > >
> > > Jeff
> > >
> > >
> > > On Sat, 08 Feb 2003 16:01:27 GMT, "Jonathan"
> > > <jrcdehc@nospam.nospam.hotmail.com> wrote:
> > >
> > > >
> > > >"Joel Salminen" <jsalminen@attbi.com> wrote in message
> > > >news:Bm21a.33143$HN5.112069@rwcrnsc51.ops.asp.att.net...
> > > >> Well in regards to the Iraq war comment, historically wars have
jump[
color=darkred]
> > > >started
> > > >> a bad economy. It may not seem like it this time (myself a
> disbeliever[color
=darkred]
> > > >> also), the historical facts say different.......I guess we will[/color][/color]
see. [colo
r=darkred]
> > > >>
> > > >
> > > >The problem right now is uncertainty... Wall street hates not knowing
> > what
> > > >is going to happen...
> > > >
> > > >The market will pick up right after the war is successful... but will
> it
> > be
> > > >sustainable, or will it be just a short spurt...?
> > > >
> > > >
> > > >
> > > >Jonathan
> > > >
> > > >>
> > > >> "Bruce Johnston" <riposa@sierratel.com> wrote in message
> > > >> news:3e43ec0b@news.sierratel.com...
> > > >> > I enjoyed this reading this article! One of the better articles I
> > have
> > > >> read.
> > > >> > Kind of put things into perspective. Flame away if you must. The
> post
> > is
> > > >> not
> > > >> > intended as a troll, but interesting reading. I don't have time[/color]
to
> > set a
> > > >> > record on the troll index. Looks like war with Iraq is coming, so
> > expect
> > > >> the
> > > >> > IT industry to get worse. If you are a Cisco hobbiest, no
problem!
> > > >> >
> > > >> > Enjoy!
> > > >> >
> > > >> > Bruce
> > > >> > ------------------------------------------------
> > > >> > article...
> > > >> >
> > > >> > http://www.mysteries-megasite.com/temp/resouces.txt
> > > >> >
> > > >> >
> > > >>
> > > >>
> > > >
> > >
> >
> >
>
>
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02-12-03 12:24 AM
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Bernie
Guest
Registered: Not Yet Location: Country: State: Certifications: Working on:
Total Posts: N/A
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Re: Resources dry up as joblessness drags on
On Tue, 11 Feb 2003 23:19:20 GMT, "Jonathan"
<jrcdehc@nospam.hotmail.com> wrote:
>
>"jeff s" <onlyjunkmail@email.com> wrote in message
> news:edhb4vokb26g7vsc0iih3sk48
m393k0gje@4ax.com...
>> It will depend on how long the war is and how many casualties there
>> will be.
>
>I don't think casualties really effect Wall Street... we need to have a
>short victorious war... simple.
>
>> The longer it takes to win the worse for the economy it will
>> be.
>>
>
>I agree...
>
>If this a standard six-weeker... we will be in very good shape...
>
>> We also need to be mindful of what happens with the oil production, if
>> the prices go up too much all the people who drive the SUV's getting
>> 10 - 15 mpg will be hurting, if the prices stay high.
>>
>
>XXXX them. They made a choice to drive those death traps... let em pay.
Most are not death traps. I'm not sure where you are getting this.
If I were in an accident. I'd much rather be in a Suburban than in an
Accord...
--Bernie
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02-12-03 01:23 AM
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