Gentle Readers,

Wacky Islamist Radicals threaten the Human Race.

Who cares about Gays?

Sincerely,

John Lepant Brighton CO

Dear B700,

We bombed the Mitsubishi Industrial Complex
in Tokyo. It was completely destroyed.

Unfortunately, although it was certainly
a legitimate military target ( They made
Zeros - the primary Japanese fighter
aircraft at that time. ), in those days,
Japanese industrial workers literally lived
with their families inside the industrial
plants. Thousands of these people
were killed in that raid. There were
large quantities of aviation fuel and
industrial chemicals inside the plant
with those people.

Sincerely,

John Lepant Brighton CO

Dear wldbil,

We did. The US ARMY 8TH AF bombed the rail yards
in Dresden. They also attacked factories producing
small arms, optics, and parts for armored vehicles
and military aircraft. Most of the bombs actually
never fell on Dresden, but landed on targets as
far away as Prague.

The British had a policy of bombing cities. The U.S.
didn't as the logistics involved in supplying the USAAF
in Europe required a far more precise use of limited
resources. It wasn't morality, it was simply
a logistical problem.

I would recommend: VICTORY THROUGH AIR
POWER, which unfortunately is often not taken
seriously as it is animated. However, it explains
the logistical problem better than any other
presentation I have ever seen, and also
THE AMERICAN EXPERIENCE: THE
BOMBING OF GERMANY. Both are
on YouTube.

Kindest Regards,

John Lepant Brighton CO

The US CONSTITUTION does not provide protections to hostile
governments or foreign terrorists. Gov. Johnson is a fool, who
would legalize drugs and make it illegal to defend our country.

Again: the PATRIOT ACT applies to FOREIGN NATIONALS
engaged in hostilities against the U.S.

Please: READ THE GAWD-XXXX BILL!

Sincerely,

John Lepant Brighton CO

Gentle Readers,

More nonsense from Gov. Johnson. Have any of the posters here
actually read this bill?

Here it is: http://thomas.loc.gov/cgi-bin/query/F?c107:1:./te...

The PATRIOT ACT applies ONLY to HOSTILE FOREIGN POWERS, specifically,
Intelligence Services of foreign governments engaged in and supporting terrorist
activities against the U.S., or foreign terrorist organizations.

Sec. 201 - 210 make it clear that warrants and subpoenas are required in
dealing with U.S. citizens and establishes process. Prior to the 1970s
with the Church Committee Hearings, all of what is detailed in the Patriot
Act was simply standard procedure. PATRIOT ACT simply returns
the U.S. to the policies that existed from 1790 - 1975. Were it not for
the very poor policies adopted 1975 - 2001, 9-11 never would have
happened.

The bad news will be for anyone stuck
in Equities as those investments will
decline SHORT TERM. Long term,
increased investment will create strong
economic fundamentals for improved
earnings, allowing for increased Equities
valuations without the unsustainably high
P/E ratios as described by Mr. Xenakis
here.

The deflationary effect Mr. Xenakis
describes here will dissipate with the
ending of the ZIRP policies. Right now
it makes no sense to invest as firms
are waiting for better terms. With
interest rates set by the markets, firms
would lose that incentive and would
invest sooner, rather than later, to
lock in favorable terms.

Sincerely,

John Lepant Brighton CO

Gentle Readers,

Dear Mr. Xenakis,

Thank you, Sir!

May I add;

Equities are counter-cyclical to the Bond Market.
If Bond Yields increase, Stock Prices should
decline.

Bonds are being artificially depressed by the
ZIRP policies ( zero interest rate ) of Central
Banks, but this isn't sustainable long term.

The good news will be that increasing Bond
Yields will mean economic recovery due to
increased demand by the private sector
for investment capital. Investment will
create jobs and real wealth - goods and
services people need, not paper transactions.

Gentle Readers,

Most Americans still don't know that the President lost his son, Patrick.
Pres. Kennedy was a philanderer and a playboy, but after the
death of his son, he really did become quite a devoted family man.

Then a coward shot him in the back. It's a tragic story, and
people naturally empathize.

Sincerely,

John Lepant Brighton CO

Dear CT,

Thank you, Sir!

One of my favorite movies!

Sincerely,

John Lepant Brighton CO

Dear UM,

Gotta disagree! Greece has a per capita GDP equivalent to Denmark
or NEW ZEALAND. The fiscal reforms required to meet the immediate
crisis there aren't severe- they would simply have labor laws and
pensions about equivalent to those of other industrial countries, such
as Denmark.

Greece strangles economic growth with unneeded regulations. Regulatory
reforms would bring economic growth, which is the long term solution.

This is similar to what is currently happening in Egypt. Prior to the ' Arab
Spring ', Egypt had an economy growing at 5% annually and could pay their
bills. Now Egypt is in default, to all intents and purposes, much as Greece.

The fundament economics didn't change in Egypt, it was the government
and the attitudes towards economic growth and development.

Sincerely,

John Lepant Brighton CO