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The economics of fear

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The economics of fear

Unread postby CrudeAwakening » Tue 12 Sep 2006, 17:21:28

Seems that fear is a growth industry in the US:

$this->bbcode_second_pass_quote('', 'F')ive years after the World Trade Centre fell, a highly lucrative industry has been born in America - homeland security. There has been a goldrush as companies scoop up government contracts and peddle products that they say are designed to make America safe.

The figures are stunning. Seven years ago there were nine companies with federal homeland security contracts. By 2003 it was 3,512. Now there are 33,890. The money is huge. Since 2000, $130bn (£70bn) of contracts have been dished out. By 2015 annual federal spending on the industry could be $170bn.


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Re: The economics of fear

Unread postby PeakOilPrincess » Tue 12 Sep 2006, 19:13:33

From the above link article:
"Brian Lehman's farm lies down a gravel road, between two fields of swaying corn as tall as a man. It is in the middle of Indiana's rural heartland in a landscape populated mostly by bearded Amish farmers and their wives.
Horse-drawn buggies are more common than cars, roads are littered with horse manure and fields are worked by hand. It feels distant in time and place from big cities such as New York or Washington, or even Indianapolis, two hours' drive south.

"Yet Lehman's farm, from which he runs a small popcorn business, was recently declared a target for terrorists. State security officials included it in a list of assets considered potential victims of attack, most likely by Islamic fanatics. That was a surprise to Lehman, who had previously never considered Amish Country Popcorn on the front line in the war on terror.



Okay, while I love popcorn, yummy, and very low fat and keeps me skinny, which is good. I still seriously doubt if it is a terrorist threat.


We have nothing to fear, but fear itself.


Right?


:roll:
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Re: The economics of fear

Unread postby NTBKtrader » Wed 13 Sep 2006, 00:14:13

What we need to do is abolish security, finally declare the US a borderless nation, and raise taxes to 90% to pay off the debt.
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Re: The economics of fear

Unread postby katkinkate » Wed 13 Sep 2006, 07:08:06

$this->bbcode_second_pass_quote('NTBKtrader', 'W')hat we need to do is abolish security, finally declare the US a borderless nation, and raise taxes to 90% to pay off the debt.


Those with money will emigrate out, leaving the poor to be taxed into starvation. Even the Mexicans will likely go back home. What will that do?
Kind regards, Katkinkate

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