Honestly, Haim, you are living in Fantasy Land.
Here's the Problem in a nutshell:
If Bush goes forward and launches his solo war against Iraq, he precipitates a vast U.S./world recession. If he goes backwards and recoils away from his Iraq war, he causes such a global crash in U.S. prestige that this alone could be the cause of a huge crash in the U.S. Dollar, followed by the U.S. stock markets.
Any idiot can start a war, and throughout history, many have. But there have been few indeed who started a war and who were around to finish it. Often, the eventual outcome was vastly different than the originators of the war, or for that matter any of the bystanders, ever contemplated or considered. War is one of the most uncertain enterprises of man. The end consequences are always unforeseeable. That goes in spades for any war in the Middle East, a tinder box of tribal, religious and political animosities that goes back to before the Ottoman Empire.
The U.S. federal government is already in deficit spending mode. Much more will be added if/when a war in the Middle East breaks out. With the U.S. economy already requiring funding from the rest of the world to the annual tune of $US 400 Billion plus, when the Bush Administration throws its wartime borrowing requirements at the internal and international capital markets, the global U.S. demand for borrowed funds will explode even further. Since the rest of the world already holds a huge $US 9 TRILLION in U.S. financial assets, it should be understandable that it might be somewhat reluctant to further extend the lending. If they don't, then U.S. interest rates have nowhere to go - but UP.
If President Bush goes to war in the Middle East, it is for the purpose of internal U.S. distraction. Iraq is a small country bled white by a tyrant, and it is far, far away.
I think the "War Mongers" need a Simple Sanity Check:
Iraq is a small nation of 22 million or so people who have lived under a tyrant for more than twenty years. It is far away, it is in the Middle East, it has an outlet to the Persian Gulf. It is NOT a threat. |
