A conversation about National Intelligence with David R. Ignatius author and columnist for “The Washington Post”, Mark Lowenthal, President and CEO of the Intelligence & Security Academy and John McLaughlin, former American Deputy Director of Central Intelligence and former Acting Director of Central Intelligence
In any great organization it is far, far safer to be wrong with the majority than to be right alone. —John Kenneth Galbraith
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
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January 14th, 2009 at 12:11 am
Let me be the first to make the obvious sarcastic comment: The events of the past few years show that we have none.
January 14th, 2009 at 10:40 am
“Let me be the first to make the obvious sarcastic comment: The events of the past few years show that we have none.”
I would suggest that the one day records will be opened and the record will show we have much better intelligence than the average person likes to believe.
Please don’t write me off as a blind supporter, I despise the Bush regime. I just find it very hard to believe there haven’t been attempts to inflict damage on the USA since 9/11. The fact that we have had no major events shows something is working. That is, unless we rebrand hedge funds as terrorist organizations.