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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: DebtBomb who wrote (57788)4/28/2002 8:23:37 AM
From: LTK007  Read Replies (2) of 99280
 
My comment is simply, the putting down of Saddam was there for the asking, a piece of cake, a no problema, but George Bush,sr. made a "dumb as rocks" decision that has left a terrible legacy.
Now he wants son GWB to clean the slate, however, the degree of difficulty now is 1,000 fold higher.
Bottomline, i feel we blew it, once and forever, when we had the chance.
That i despise Saddam(make no mistake, he is evil, his genocidal campaign against the Kurds was a vivid heavily documented tale of evil in action)) does NOT alter the fact that to go for it now is a Pandora's Box.
Kurds themselves realize if the U.S. attempts this and fails, it is total disaster for the Kurds.New Yorker magazine some issues back has an excellent in depth feature on this.
So why take such a extreme risk, that can have such severe "collateral damage" as they say.
The best i can make out, rightly or wrongly, the Bush "team" are convinced that Iraq are very close to joining the "nuclear bomb" club.
How bad was the George Bush,sr mistake? Dan Rather on Letterman show said his sources tell them that a helicopter was all set for take-off and Saddam ready to board and attempt to flee to either Yemen or Sudan, and then he got the message "They Stopped They Stopped!!!".
Knowing Saddam and how minds like his work He probably laughed and thought," those dumb Suckers, they had me, and they let me go, LOL!!!!"
Now it is too late whether we act or don't act, the result will be bad bad bad--we got a No win situation.
Now isn't that neat.
In terms of the market, if the idea of an iraqi war becomes accepted as inevitable, those oil stocks are going to old highs(and stocks like LLL and DRS,also) and much of the rest of the market to hell. Max
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