This is getting serious.

Discussion in 'Trading' started by ShoeshineBoy, May 9, 2004.

  1. It is nearly one year after that they serve the same story to frighten people.

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=32144&perpage=6&pagenumber=5

    For those who have short lived memory:

    AP, Bloomberg
    Buffet predicts nuclear attack
    May 7 2002

    Investment guru Warren Buffett offered a bleak prediction for the nation's national security, saying a terrorist attack on American soil is "virtually a certainty".

    Envy and dislike of the United States have fuelled rage against the country even as the ability to build a nuclear device has spread, Mr Buffett said on Sunday at the final day of Berkshire Hathaway's annual meeting.

    "We're going to have something in the way of a major nuclear event in this country," Mr Buffett said. "It will happen. Whether it will happen in 10 years or 10 minutes, or 50 years . . . it's virtually a certainty."

    Washington and New York would be the top two targets because terrorists want to traumatise the country and kill as many people as possible. Chemical or biological attacks are similarly high risks, he said.

    Terrorists could harm thousands of Americans by simply introducing a chemical or biological agent into the ventilation system of a major office building.



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    "People are working on it," he said. "It could make the World Trade Centre loss look like nothing."

    Mr Buffett's remarks come as the insurance industry re-evaluates business in the wake of the September 11 terrorist attacks. Berkshire and other insurers absorbed as much as $US70 billion ($130 billion) of losses from the destruction of the twin towers that killed about 3000 people.

    "The capability to strike using nuclear, chemical or biological devices isn't there yet, but it will be," Mr Buffett told investors.

    Mr Buffett is the second richest man in the world with holdings in Coca-Cola, American Express and The Washington Post, but his main business is insurance.

    Berkshire's insurance companies - particularly General Re Corp - took a $US2.4 billion underwriting loss because of the September 11 terrorist attacks in New York and Washington.

    The companies are now writing policies on terrorism but limiting their liability in any nuclear, biological or chemical attack. Only the Federal Government can ultimately insure property and other damage from a major terrorist attack, Mr Buffett said.

    The 71-year-old Mr Buffett and vice-chairman Charlie Munger met the news media the day after they spent six hours answering questions from Berkshire shareholders gathered for the meeting.
     
    #11     May 9, 2004
  2. Exactly. Look after 9-11...
     
    #12     May 9, 2004
  3. I do have a short term memory, but the difference is that they have actually caught operatives in the act...It's (supposedly) no longer theoretical.
     
    #13     May 9, 2004
  4. I mean short term. I'm not a doomsdayer. We recovered quickly from 9-11 and we'll recover quickly from this as well into whatever state the mkt spits us out to...
     
    #14     May 9, 2004
  5. Bullshit ! They are preparing people to live in terror for future years. Who has interest to create the terror ? Your own government I don't invent since it is Brezinski's book - BREZINSKI the director of Rockfeller at the Trilateral commission AND THE GUY WHO BOOSTED BEN LADEN WHEN HE WAS AT THE HEAD OF NATIONAL SECURITY UNDER CARTER !

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=19167&perpage=6&highlight=2008&pagenumber=4

    "With warning signs on the horizon across Europe and Asia, any successful American policy must focus on Eurasia as a whole and be guided by a Geostrategic design." (p.197)

    "That puts a premium on maneuver and manipulation in order to prevent the emergence of a hostile coalition that could eventually seek to challenge America's primacy..." (p. 198)

    "The attitude of the American public toward the external projection of American power has been much more ambivalent. The public supported America's engagement in World War II largely because of the shock effect of the Japanese attack on Pearl Harbor. (pp 24-5)" [Why does he need to refer to this : answers following ...]

    "America is too democratic at home to be autocratic abroad. This limits the use of America's power, especially its capacity for military intimidation. Never before has a populist democracy attained international supremacy. But the pursuit of power is not a goal that commands popular passion, except in conditions of a sudden threat or challenge to the public's sense of domestic well-being." [What does he means ]

    "Moreover, as America becomes an increasingly multi-cultural society, it may find it more difficult to fashion a consensus on foreign policy issues, except in the circumstance of a truly massive and widely perceived direct external threat."æ (p. 211) [Emphasis added] [What does he means once again ]

    "...To put it in a terminology that harkens back to the more brutal age of ancient empires, the three grand imperatives of imperial geostrategy are to prevent collusion and maintain security dependence among the vassals, to keep tributaries pliant and protected, and to keep the barbarians from coming together." (p.40)


     
    #15     May 9, 2004
  6. What is happening to America is what is said by trader Vic through his personage of

    http://www.crashmaker.com/

    In the words of Edward dos Santos, one of the book's protagonists: "They have two strategies. The first is the totalitarian gambit: perverting the Constitution through the Supreme Court's misinterpretations, thereby concentrating powers in the national government…[Also] the elitists have turned to a second strategy: transferring America's sovereignty piece by piece through treasonable treaties and other international agreements, to a nascent one-world government they intend to control."[285] The Federal Reserve is central to this strategy of control because of the power it wields through its iron-hand on the nation's money."


     
    #16     May 9, 2004
  7. They have the same interests that all governements of the world : total control , TOTAL ORDER for MONEY POWER read the Russian Pravda below:

    Weapons of the Future - Weather, Plasma and Money
    09/26/2003 20:03 :

    "Let's imagine that a country is waging war against an enemy, using tectonic and meteorological weapons: an earthquake is followed with hard rains and draughts. An enemy will most likely ask for help after such a powerful impact. <font color=red>It will be the best moment to use the POWER OF MONEY</font>. "

    Full article:
    http://www.elitetrader.com/vb/showthread.php?s=&threadid=32144&perpage=6&pagenumber=6
     
    #17     May 9, 2004
  8. I don't argue that some of what you are proposing could happen some day. I've ordered the CFR's Annual Reports so I know the prestige of their roll call. But I still have the hope that democracy, technology and reason will come to our rescue and avoid some of the scenarios you're proposing...
     
    #18     May 9, 2004
  9. Cutten

    Cutten

    Short the currency and stock market of whichever country gets hit - probably the US or UK. Invest in gas mask and NBC suit manufacturers. Buy companies that make canned food. Buy geiger-counter manufacturers.
     
    #19     May 9, 2004
  10. :D
     
    #20     May 9, 2004