The Goal of Terror & the Global Economy

Saturday, July 09, 2005 | 08:20 AM

Whenever I post about any terror related issues and their impact upon the Markets, I brace myself for the email barrage:  Someone inevitably accuses me of callously ignoring the horrors of these assaults and the tragic loss of life to make a quick buck.

Only it didn't happen this time. I find that intriguing.

Its especially so, when you consider the strategic objectives of those who use terror: By focusing on "soft targets," i.e., civilians, they are seeking a disruption of the global economy for their own ends. Cower in your homes, don't go out, travel, shop -- thats part of their grand plan.

Even the timing of these "barbaric attacks" are coldly calculated: By hitting during rush hour (as opposed to at night), they not only maximize casualties, but they insure "good," well-lit video for TV. They maximize their media coverage, catch the news cycle with plenty of time to make front page coverage the next day.

Allowing this to occur is unacceptable to me. Since one of their goals is a disruption of the global economy, any hesistation I used to feel about getting back to business is now gone.

Posting about these events is not about making money. As I mentioned (Understand the Clinical Objectivity), I've been thru this before.

We all must accept a few ugly facts of life

1)  We will all die one day
It may be in bed as an old man, or it may be on a crosstown bus sooner;

2) How we live our lives is our own decision
I for one do not want to base my life decisions in response to pathologically deluded fearmongers;

3) Returning to living your own life sooner is preferable to living in fear
Once we decide to not allow others to make decisions for us, it becomes easier to deal with the horrors that  lunatics impose on the rest of the world

That's it for my dime store philosophy.

The bottom line is this: When the next terror attack occurs -- and there will be another and another and another -- my response will be to appreciate the bravery of those souls who went about their lives unintimidated, briefly mourn the loss of life -- and then start looking at my macro economics and charts and indicators.

My goal is to get back to normal, to choose my own path, and to not allow these cretins to dictate how I live my life.

>Soapbox mode off.

 

Saturday, July 09, 2005 | 08:20 AM | Permalink | Comments (5) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c52a953ef00d83482428169e2

Listed below are links to weblogs that reference The Goal of Terror & the Global Economy:

Comments

Well said.

Posted by: EagleSpeak | Jul 9, 2005 10:31:57 AM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner