I've been watching the CNN and BBC coverage of the deadly Mumbai terrorist attacks for the last two hours. No Judge Judy or Oprah for me. There's never been a modern terrorist attack quite like this, with at least nine simultaneous attacks on hotels, hospitals and police stations. Gunmen hijacked police vans and were spraying crowds with bullets, American and British hostages have been taken and the historic Taj Hotel is in flames (pictured above). Earlier today, there was a fresh report that New York's subways and trains are being targeted. I don't want to be a Debbie Downer, but I think Joe Biden was right when he said Obama would be tested in the first year. Bush and Co. have allowed Al Qaida to regroup while fighting a useless war in Iraq and we are going to eventually pay the price. With our economy in crisis, a terrorist attack on American soil would be debilitating blow. Below is the video from last night's Rachel Maddow Show about the economy, Paulsen and just how much the bailout is really costing us. It's humorous, but also very sobering.
I've stayed at the Oberoi a couple of times when I've been in Mumbai, so it's an odd sensation seeing it as an attack target... I just hope my favorite waiter (Sumet) is okay.
I actually can't complain about the economy - I'm up 45% in the past 6 weeks from shorting the market with bear ETFs like SDS! Down is just as good as up if you know what you're doing ;)
I could not continue watching the attacks being streamed out.I have several friends from India, and it is so upsetting! Whew. Thanks for the post of Rachel, Coll. She's so refreshing!
I've been watching the CNN and BBC coverage of the deadly Mumbai terrorist attacks for the last two hours. No Judge Judy or Oprah for me. There's never been a modern terrorist attack quite like this, with at least nine simultaneous attacks on hotels, hospitals and police stations. Gunmen hijacked police vans and were spraying crowds with bullets, American and British hostages have been taken and the historic Taj Hotel is in flames (pictured above). Earlier today, there was a fresh report that New York's subways and trains are being targeted. I don't want to be a Debbie Downer, but I think Joe Biden was right when he said Obama would be tested in the first year. Bush and Co. have allowed Al Qaida to regroup while fighting a useless war in Iraq and we are going to eventually pay the price. With our economy in crisis, a terrorist attack on American soil would be debilitating blow. Below is the video from last night's Rachel Maddow Show about the economy, Paulsen and just how much the bailout is really costing us. It's humorous, but also very sobering. 
Comments
I actually can't complain about the economy - I'm up 45% in the past 6 weeks from shorting the market with bear ETFs like SDS! Down is just as good as up if you know what you're doing ;)
Whew.
Thanks for the post of Rachel, Coll. She's so refreshing!