Friday, August 12, 2005

Stocks and Terrorism

Have you thought it sad that whenever there is a major terrorist attack in the news, the newscaster will, in his or her next breath, mention how the stock market is effected?

I remember well a 9-11 story, right after it had happened, on television. The newscaster, after detailing the tragic events unfolding, ended his broadcast with how the stocks were effected by the devastating attacks.

Recently, with the British suicide bombings, on the radio the newscaster ended his report with an update on how the stocks were doing in relation to the bombings.

I find it really disturbing that this is what we apparently worry about when tragic events unfold: how are my stocks doing?

I think it speaks very well to what drives the U.S.: money and how we seem to value the almighty dollar more than lives.

Instead of listing how many points the Dow has gone up or down with each new insurgency in Iraq or each new natural disaster, how about first valuing the effect of each of these events on human beings.

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