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Politics : Stockman Scott's Political Debate Porch

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To: Keith Feral who wrote (53139)8/10/2004 9:53:28 AM
From: Jim Willie CB  Read Replies (1) of 89467
 
I still expect religious civil war in Iraq

the religious element has increased recently
attacks last weekend on middle class Christian areas

Shiite Al Sadr guys defending to the death
350 dead among them

Shiite uprising in Basra region down south

Bushy should be taken to task for his gullibility with Chalabi
he told B what he wanted to hear
now Rummy's puppets are going after their rival Chalabi
this is so transparent
it is equivalent to Bushy charging Gore with counterfeiting and murder after Gore loses

but American public is clueless once again

as long as the economy rises in importance, Bushy is in trouble

few realize that economic backlash from Kerry Admin would be quite different, thoroughly disruptive, and an effing mess
it involves possible trade protectionism with China
if he follows thru (with Congressional support), we will get Chinese retaliation
e.g. stepping back from Treasury purchases (higher interest rates)

it only goes to show how unfixable the current situation is

the outcome, imho, will be the Fed going it alone and monetizing both Trez debt and Agency mortgage debt on a scale never witnessed before in the western modern world
aka Weimar

/ jim
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