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National Review picks up “Do Over”

Posted By Barry Ritholtz On June 29, 2004 @ 3:55 pm In Media | Comments Disabled

nro

National Review [1] picked up a quote from yesterday’s “Do Over [2].” (Hey, anyone else who wants to compare me to Sinatra should feel free to call, and I”ll give you good quote also):

World stock markets applauded the sooner-than-expected U.S. handover to Iraq. Energy prices fell significantly. Former Coalition Administrator Paul Bremer immediately took the next plane out of town. Things are looking up. Wasn’t it Sinatra who sang “love is lovelier the second time around”?

Quoting from the Bayonne, New Jersey crooner is not as far fetched as one might think. Here is market strategist Barry Ritholtz on the surprise handover decision:

“The Neo-Conservative hawks who pressed for the invasion of Iraq failed to create an adequate strategy for a post-war period. This created an opportunity for insurgents to cause havoc and mayhem. With the handover to the Iraqi Ruling Council a few days early, the planners have gotten one right for a change.”

Speaking to National Public Radio, U.S. Deputy Secretary of State Richard Armitage talked about the benefit of “somehow confusing the [terrorists'] plans, or what we believe are plans, to disrupt the proceedings.” Ah, we are learning. The second time around.

It is lovelier the second time around

Source:
Cornering the Campaign Market [3]
Larry Kudlow
National Review, June 29, 2004, 9:20 a.m.

http://www.nationalreview.com/kudlow/kudlow200406290920.asp


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2004/06/national-review-picks-up-do-over/

URLs in this post:

[1] National Review: http://www.nationalreview.com/

[2] Do Over: http://bigpicture.typepad.com/comments/2004/06/do_over.html

[3] Cornering the Campaign Market: http://www.nationalreview.com/kudlow/kudlow200406290920.asp

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