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Politics : WAR on Terror. Will it engulf the Entire Middle East?
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: Nadine Carroll who wrote (8154)11/29/2004 11:14:12 AM
From: Dennis O'Bell  Read Replies (2) of 32591
 
The cost in Iraq needs to be weighed against the costs of the most likely result of the continuation of pre 2002 policies vis-a-via Iraq: eroding sanctions leading to the end of sanctions altogether, perhaps legally, perhaps for all intents and purposes.

I don't think it has to be this black and white. We were able to invade despite what the rest of the world thought, and am certain we could have kept the pressure on with more inspections, diplomatic jawboning, etc, despite the obvious corruption these long term programs entail.

Now we're really in a deep shiite - while Greenspan deserves a great deal of blame for the background that has lead to the precarious situation we are in economically, Bush has simply been irresponsibly over the top with this drunken spending spree and tax cuts on top of this. Just where does anyone think we are going to find money to continue to defend ourselves when (and it's really a when and not and if) there is a flight from the dollar for some other currency and the money we're being lent every day dries up ?

We're not simply playing with a mere deep economic recession this time, we're gambling with the future strength of the country in a world that's really hostile to us and it's more than scary. I can't imagine Americans of this day and age tolerating the wartime rigor that our parents lived through during WW-II.

I never believed that we would invade Iraq thinking it was a serious bluff to get them to come clean, and still hold out hope that I can recant if things do turn around but looking at how long and what the cost to the country Algeria suffered when they were in the kind of disorder that Iraq is now in, it isn't hopeful.

If we had been able to use the proper resources - around 4 times the manpower in Iraq - from the beginning to have been able to nip any lawlessness in the bud, the invasion might have worked well. But not in this half assed way we've done it.
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