Monday, October 17, 2005

October is the Cruelest Month

Some of my random thoughts. Washington and Iraq are heating up the rumor mill. Fitzgerald is on the verge of indicting Rove and Libby over Plamegate (possibly on Wednesday) and Dick Cheney is in the crosshairs. Cheney must be one of the unindicted co-conspirators but there are rumors of another unindicted co-conspirator. Could it possibly be Bush? Even if Bush isn't impeached, the indictment of high-level aides will weaken his presidency tremendously. Iraq's constitution is certain to be ratified which is rather interesting since the votes haven't been counted yet and statistical analysis shows inconsistencies in voting patterns. Does any rational human being believe that the vote wasn't fixed? The Sunnis have no reason to support the constitution and will turn toward the insurgents as their only legitimate voice; the U.S. keeps bombing innocent Sunni civilians and reducing their towns to rubble while the Shiites and Kurds are looking for payback on the Sunnis. The new Iraqi flag should have been blood-red. The massive earthquake hit Pakistan very hard and news reports indicate dissatisfaction with Pakistani Pres. Musharraf's handling of the crisis. Even before the disaster, Musharraf was hardly in complete control of his country. That's why he doesn't want to capture Bin Laden and turn him over to the U.S.; Musharraf would be facing open revolt in the streets of Islamabad. We're also looking at Tropical Storm Wilma which is predicted to turn into a cat 3 hurricane. It's going to be a record-breaking year and I keep wondering how many hurricanes will hit U.S. oil-drilling platforms in the Gulf of Mexico. The possible destruction of oil-rigs and processing plants is dangerous to our debt-ridden economy. In general, October is a dangerous month for possible economic collapse; mutual funds sell some of their holdings in October in order to lock in their profits for their yearly reports. Historically, in a weak and unstable economy, that sell-off has led to severe drops in the stock market. We live in exciting times.


Blogger Jeff Huber said...

We do. And the times get more interesting every day.

10/20/2005 05:44:00 AM  

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