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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (57788)4/28/2002 8:23:37 AM
From: LTK007  Read Replies (2) | Respond to of 99280
 
My comment is simply, the putting down of Saddam was there for the asking, a piece of cake, a no problema, but George Bush,sr. made a "dumb as rocks" decision that has left a terrible legacy.
Now he wants son GWB to clean the slate, however, the degree of difficulty now is 1,000 fold higher.
Bottomline, i feel we blew it, once and forever, when we had the chance.
That i despise Saddam(make no mistake, he is evil, his genocidal campaign against the Kurds was a vivid heavily documented tale of evil in action)) does NOT alter the fact that to go for it now is a Pandora's Box.
Kurds themselves realize if the U.S. attempts this and fails, it is total disaster for the Kurds.New Yorker magazine some issues back has an excellent in depth feature on this.
So why take such a extreme risk, that can have such severe "collateral damage" as they say.
The best i can make out, rightly or wrongly, the Bush "team" are convinced that Iraq are very close to joining the "nuclear bomb" club.
How bad was the George Bush,sr mistake? Dan Rather on Letterman show said his sources tell them that a helicopter was all set for take-off and Saddam ready to board and attempt to flee to either Yemen or Sudan, and then he got the message "They Stopped They Stopped!!!".
Knowing Saddam and how minds like his work He probably laughed and thought," those dumb Suckers, they had me, and they let me go, LOL!!!!"
Now it is too late whether we act or don't act, the result will be bad bad bad--we got a No win situation.
Now isn't that neat.
In terms of the market, if the idea of an iraqi war becomes accepted as inevitable, those oil stocks are going to old highs(and stocks like LLL and DRS,also) and much of the rest of the market to hell. Max



To: DebtBomb who wrote (57788)4/28/2002 9:30:49 AM
From: LTK007  Read Replies (2) | Respond to of 99280
 
Dale more on the Iraqi story, i quote and comment <<Citing senior officials, the Times also reported that any offensive would probably be delayed until early next year, allowing time to create the right military, economic and diplomatic conditions.>> economic???? conditions, what does that mean? best i can tell it means to get congress committed to increasing Defense Budget and increasing National Debt.

<<<Hubbard was quoted as saying a surge in oil prices probably wouldn't have a large effect on the U.S. economy, but that it was more difficult to assess the possible effects on consumer and business confidence.( is it that they think we are that dumb to believe that, or is it they ARE that stupid to believe that??-max) He said one of the lessons of the Gulf War was that consumer confidence recovered once the U.S. made clear that it intended to expel Iraqi forces from Kuwait and guarantee the security of the Saudi oilfields.(ever thing has changed since that time, that comparison is hollow, imo--max)>>>>

regards oil price <<In November, Bush ordered the Strategic Petroleum Reserve be filled to capacity, and many of the largest monthly deliveries come between September and January, which is another reason for pushing any offensive against Iraq off to early next year, the Times reported.

The Times also quoted one official as saying, "We want to be in a position to go into the markets if speculators begin bidding up the price of oil, and settle them down fast." that will work in the short-term, but not beyond.What do they think, they will go into and out of Iraq in a matter of weeks, i could be one hell of a quagmire. Including the the total collapse of the coalition. Is the U.S. getting delusions of grandeur on being able "tailor" the world to its specifications?
Our we now in the Hubris of Empire? Who knows, it's all muddle to me. Like whoever guaranteed there be answers to every question?
I do know the extreme right-wing has the answer though, you simply blow up everybody up until there is only you left and then you declare yourself the winner. An amazing theory, the ultimate in self-centric mentality, where nothing matters but you, or your kind.
It has only one flaw, it is fundamentally hard-core evil.

And what is really "neat" now, quite a few groupings all have the same idea in the works.
I can see/hear a Universe Tour Guide in some warp speed touring vessel saying "Now Folks our next stop will be Bedlam, otherwise known as the Planet Earth, to its inhabitants"