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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (53324)	2/10/2006 2:32:32 AM
From: Little Joe	Read Replies (6) of 110194

Mish: I don't think your criticism of Bush is fair or correct. I certainly am critical of him for many reasons but the Iraq war is not one of them. "Stupid US policies created Bin Laden. Our own CIA trained him. Probably the best training job they ever did too. Had US troops not been on "sacred Arab soil" and had we not stupidly backed Israel no matter what Israel did, there would be no Al Qaeda or Bin Laden to worry about in the first place." Whether this is true or not, it is certainly not Bush who implemented these policies. He was presented with a fait accompli and had to deal with the situation as he found it. I believe he was in office less than a year when 9/11 occurred. It is a cliche to say that 9/11 was a wake up call. But cliches are usually true. It is naive to think that because Bin Ladin was behind that particular attack that there are not other terrorist groups that have attempted similar terrorist acts but failed. Capturing Bin Ladin would be satisfying but it will hardly solve our problems. It is clear that the goal of Bin Ladin and other terrorist groups is to sieze power in the ME and thus control of oil and then use oil as a weapon. This would be a disaster for our economy. If you think things are bad now imagine the world if Bin Ladin or one of his ilk controlled Saudi Arabia. It was obvious from the first gulf war, Afghanistan and the current war that we needed cooperation of other countries in the Middle East in order to fight a war and that it took more than 6 months to build up the forces necessary. If terrorists controlled the middle east this would not be possible. Our economy would be destroyed. It is obvious from a quick glance at a map that Iraq is strategically located and bases there will allow us to project power quickly throughout the ME. That is why we are in Iraq. Fortunately for us Sadam was the perfect villain and provided the justification, but this war is about oil, it is about economic survival and I believe that Bush had little alternative but to do what he did. Calling him names doesn't change the harsh reality of our situation. Little joe

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