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Daily Peeve

Friday, August 11, 2006

God Save the Queen!

A hearty thank you to Her Majesty's Secret Service for saving our bacon once again! At least SOMEONE out there in the world is paying attention, and good thing, since we here in America are waaaaay to busy to be concerned with jihadists wanting to erase our fat pimply asses from the map.

I sincerely hope this is the event that snaps the American public as well as the Hill and the White House back to the reality that there is still a clear and present danger out there, and it's getting worse. Don't believe me... Let's theorize for a second...

If successful, at least 9 aircraft would be been destroyed while enroute from England to America. All of these aircraft would have been widebody aircraft... let's estimate that each airplane had 300 people on board. That's 2700 dead. Now, according to intelligence, some of these aircraft would be over the American mainland, potentially raining debris into populated areas, but for this exercise, we're not going to consider that.

In response, the US Government would immediately ground all air traffic where it stood. I mean, right now, ala 9/11. Land where you are. It's estimated that this total ground stop would last at least 3 days.

Gasoline prices would immediately go to at least $4 a gallon, with isolated markets flirting with $5 a gallon. An investigation into this would follow, but on that day, you're paying out the ass, junior.

The Street would shut down, as would most business in America.

As the week wears on, expect to see some significant changes.. Once the airlines are allowed back into the air, capacity would be down by at least 70%. Several airlines won't make it back into the air, having run out of money from being out of business for the last couple of days.

Meanwhile, the economy will just plain shit itself. Once trading resumes, the DOW would take a dive of at least 300 points as energy prices head for low Earth orbit and the mass selloff begins.

Bottom line? Recession. Big time.

Clear enough?