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To: Jim Willie CB who wrote (52066)	5/25/2002 11:25:12 AM
From: stockman_scott	Respond to of 65232

Powell: US "Disappointed" By Pakistan Missile Tests Saturday May 25, 9:24 am Eastern Time St. PETERSBURG -(Dow Jones)- Secretary of State Colin Powell said Saturday that he is as concerned by the rising tensions between India and Pakistan now as he was last December when many U.S. officials feared the two nuclear armed South Asian states were on the brink of war. Furthermore, Powell said that any time two massive armies are eyeball-to- eyeball during a period of high tensions, a conflict can easily break out through an accident or a misunderstanding. Powell made it clear the U.S. believes that Pakistan bears the responsibility for taking concrete steps to reduce the tensions. He added that the United States expects Pakistan President Pervez Musharraf to enforce his previous pledges to halt cross border incursions into Kashmir by Muslim militants. "He (Musharraf) has assured us he is taking action, but we do not believe that action is yet complete or has totally satisfied the statement he made earlier that all activity would stop," Powell said. "We would encourage him to do this in such a way, give orders in such a way that there would be no mistaking his intention," Powell said. The bottomline, Powell said, is that the Pakistan military must crackdown on the flow of militants into Kashmir. Powell also criticized Pakistan 's decision to test a missile Saturday morning and indicated he didn't believe Pakistan 's statement that it was nothing more than a routine missile test unrelated to the tensions with India . "It was not a particularly useful thing to do right now even though I don't think it causes us to get any closer to a conflict," Powell said. "We were disappointed the Pakistanis took this time to perform routine tests because if they were routine, they could have performed them at some other time, " he added. Tensions spiked sharply higher between India and Pakistan after Muslim militants attacked an army base earlier in the month and killed 34 people, mostly women and children of Indian army officers. Indian Prime Minister Atal Bihari Vajpayee has warned Indian troops to prepare for a "decisive battle" and Musharraf has said Pakistan doesn't want war but is ready to defend itself.

To: Jim Willie CB who wrote (52066)	5/25/2002 12:08:16 PM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

Why is Wall Street staying so skittish? story.news.yahoo.com

To: Jim Willie CB who wrote (52066)	5/25/2002 12:41:40 PM
From: surfbaron	Respond to of 65232

Woolly: major creedence on the water issue you bring up. For a great read on water politics in early last century "The Cadillac Desert". Fast read comes to same point: the billions that went in to dams will have to be compensated by many more to fix the problems like silt, salinity etc...Amazing that Californica is a desert and grows water intense crops like rice. Who do you think owns the rice farms.