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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Douglas V. Fant who wrote (20358)10/16/2002 9:49:19 PM
From: kingfisher  Read Replies (1) | Respond to of 36161
 
The timing of this news on North Korea developing weapons of mass destruction is uncanny!
Now Bush has to put up or shut up.
North Korea does not have any oil so they will not be attacked.
........................................................
North Korea Admits Secret Nuclear Weapons Program, CNN Says
By Sau Chan

Seoul, Oct. 17 (Bloomberg) -- North Korea said it has been developing nuclear weapons, violating a 1994 treaty in which it agreed to abandon the development of atomic arms, Cable News Network reported.

Officials in the Stalinist state disclosed the work to U.S. special envoy James Kelly during a visit to North Korea earlier this month, CNN reported, citing Kelly's briefing to the Bush administration. North Korea has enough plutonium to build two nuclear devices, the report said.

Under a 1994 accord negotiated by U.S. President Bill Clinton, the U.S., Japan and South Korea agreed to build two so- called light-water nuclear reactors for North Korea on condition the nation abandon its nuclear arms program.

The U.S. has about 37,000 troops stationed in South Korea. U.S. President George W. Bush earlier this year described North Korea as part of an ``axis of evil,'' along with Iran and Iraq, for what he called a pursuit of mass-destruction weapons.

The report helped push down South Korean stocks. The benchmark Kospi fell as much as 2.1 percent to 298,500.

(CNN, 10-17)



To: Douglas V. Fant who wrote (20358)10/16/2002 10:40:46 PM
From: nspolar  Read Replies (1) | Respond to of 36161
 
Douglas, one thing I've wondered about is if we have developed projectiles that will take out Saddam's underground bunkers. I've read a blurb or two to indicate we could have them. If so a Saddam take-out might be fairly clinical. Wipe out Saddam's centers and remaining Iragi resistance would more than likely crumble and amount to nothing.

Not many Clinton likers over here, but his Balkan campaign was very surgical. The accuracy and reliability of the latest war gizmos are amazing, and it seems an ever increasing problem is the element of human error.