4:55 pm HBT October 8th 1998
After a day of looking at many reports on many different
matters I feel
that now is a time for watchfulness.
Lets look at some of the problems that your planet faces at this
time.
Lets start in Kosovo and the planned air strikes, this is not good.
WASHINGTON (CNN) -- NATO
members have pledged a total of 430
planes to comprise the strike force
against Serbia, should NATO's
political arm give the go-ahead for
air strikes against Serbian targets,
Pentagon officials told CNN on Thursday.
Why is this not good?
By using fire to fight fire is only a fix for a short time. It was
only a few
years ago that forces were sent into Serbia.
At what cost to the people there and in other places?
These planned air strikes will only work for a while. And then what????
Ok lets have a look at the World Market.
Hong Kong Hang Seng 7939.51 +194.79
+2.52% Oct. 8, 1998
Tokyo Nikkei 225 13032.83 -792.78
-5.73% Oct. 8, 1998
Frankfurt DAX 3896.08 -191.75
-4.69% Oct. 8, 1998
London FTSE 4698.9
-130.0 -2.69% Oct. 8, 1998
Moscow RTS1-Interfax 191.54 -16.45 -7.91%
Oct. 8, 1998
Paris CAC 40 2959.97 -137.72
-4.45% Oct. 8, 1998
I have taken the main markets and put them up so that you can
see how
things are really going. As you can see there was only one market
that went up.
It looks like the world markets are heading into a tail spin.
Ok now lets look at the Markets in the USA.
The Markets were on a roller coaster ride most of the day. At one
point
the dow was out the point where we would call a meeting to plan
whether
or not we would go to the next Defcon leave.
Luckily it did not stay there too long.
The Dow 7731.91 -9.78 10/8 16:07 The
nasdaq 1419.12 -43.49 10/8 16:45
The S&P 500 959.44 -11.24 10/8 16:46 Lastly.
The Vote today to start The hearings for the impeachment of
Bill Clinton.
The House of Representatives made history
Thursday by voting 258-176 to begin an
impeachment inquiry into President Bill Clinton.
Only 31 Democrats joined the Republicans to
approve a free ranging probe of perjury and
obstruction of justice allegations against Clinton,
stemming from his attempts to hide his sexual
relationship with ex-White House intern Monica
Lewinsky.
To this last little bit I have to add that the investigation
is not
just on the Monica Lewinsky relationship. It covers far more.
Only time will tell that will happen.
But with all the ongoing problems, it is more than ever a time to
be watchful.
Tia.