2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.07

-0.1%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gemlaoshi who wrote (104193)	1/12/2014 4:16:43 PM
From: Maurice Winn	Read Replies (1) of 217561

Actually, I can't remember much Jimmy Carter got wrong other than letting Brzezinski have the bright idea of backing Islamic Jihad in giving the USSR their own Vietnam in Afghanistan. Given the Cold War situation in 1979 it was not totally absurd, but it was far from a good idea. It became a totally absurd idea when Gorby took over but Reagan continued the same dopey ideas anyway. Carter's main problem was the quadrupling of the price of oil in 1974 which had not been recovered from when in 1979 the Iranian revolution was on and the price of oil quadrupled again to $40 a barrel. In a country full of Yank tanks with low miles per gallon, that was not going to be a good political outcome. Especially with the hopeless helicopter raid on Iran in an attempt to copy the successful Israelis at Entebbe. The Israelis tend to be more intelligent. The Osama attack nearly ended in helicopter disaster too because they didn't know about updrafts from inside a walled compound. Carter had bad luck on timing. Being handed $40 a barrel oil, $700 an ounce gold and an Iranian revolution and hostage-taking he was going to have trouble no matter what. Saying "If you don't like $40 a barrel oil, get over it, walk instead and invest in oil supplies" wouldn't have been popular. Reagan was probably a better negotiator. "Look you Iranian Mullahs, I don't understand fancy negotiation strategy. So I'm not sending any envoys or abstruse finer points of negotiation. If the hostages are not released by 6pm tomorrow and put on a flight to New York, I'm going to nuke you and then come and get the survivors. If you kill the hostages, I'll nuke you some more. See Japan. They lost, we won. We will hang by the neck all those involved in the hostage taking and regime bossing, starting with Khomeini". Maybe that's what Reagan told them and that's why the hostages were released as soon as he was in power. I don't know about Herbert Hoover. I'll have to ask Google. Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next