Thursday, October 10, 2002

DON'T BLAME THE MARKET...

Read Richard M. Salsman's excellent article, Spring-loaded market. Here is a quote:

"Market-makers are not stupid; they know a policy of appeasement when they see it. And they know history, too; they know that appeasement of evil only brings more evil -- and in more virulent forms. In the past year market-makers have seen that the United States and the UN are not serious about fighting terrorism -- that both sponsor terror regimes and condemn Israel whenever it properly and forthrightly fights terror."

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