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Balanced Fare: We Report, You Deride

Thursday, April 24, 2003

Someone Has To Be The First To Say It

A few days ago, Tom Friedman declared that the bubble in terrorism had burst:

Wars are always clarifying, and what this war clarified most was the degree to which there were actually three bubbles that burst at the beginning of the 21st century: a stock market bubble, a corporate ethics bubble and a terrorism bubble.

...there was a third bubble that had built up over the 1990's — the terrorism bubble. It started with the suicide bombings against U.S. troops in Saudi Arabia, was followed by attacks on the U.S. Embassies in East Africa and on the U.S.S. Cole, then ballooned with the rise of Palestinian suicide terrorism in Israel and finally peaked with Al Qaeda's attack of 9/11.

We have seen the highs in the bull market for terror! Now, ABC News delivers a similar story, with this big finish:

The U.S. intelligence assessment of al Qaeda is the strongest indication yet that federal officials believe that the United States and its allies are beginning to win the war on terror.

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