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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: quehubo who wrote (14791)11/11/2002 6:33:27 PM
From: cnyndwllr  Read Replies (1) | Respond to of 206093
 
Q: I agree with much of what you say but I have to disagree on a couple of points. First, the fact that "the USA will be under tremendous scrutiny to not dominate the dealings" is a fact that I doubt will matter much, if at all to the Bush administration. Most of the world doesn't buy the Bush rationale the way we do and there is a huge upsurge in alarm and distrust of the U.S. and it's motives. That fact seems not to concern this administration at all. We do, after all, have all those weapons of mass destruction on our side of the table. I think that this administration will do what it wants and put lipstick on it afterwards.

Second, I have to disagree that our goal is to stop Saddam from developing his strength. He has all the capacity of a man with a capgun in front of a row of machine guns and we know it. We can say we worry that he supports terrorists but the fact is that if we had any smoking guns we'd have taken him out after 9/11. He knows that too, and that's probably why he killed the Palestinian terrorist he was shielding-the one that committed suicide with a few shots to his own head. If you look at his capacity, it is more than primitive and there is no "emergency" crisis that required us to move immediately. Iraq is not even in the same league with Korea, Iran or Syria, it's just that Iraq may not be as subtle in their proliferation of arms and support of ideologies opposed to our own.

As I wrote in my reply to Tomas, I agree that we don't want the price of oil to drop too low. I also think that Saddam will do what he can to survive but how can he do that when he faces an administration that may act and create a justification for it later. If they are determined, they will move regardless of what he does. (Gulf of Tonkin?)

I hope you make a ton of money in natural gas stocks. You've had the conviction to successfully swim against the tide and everyone likes to see that work. I'd like to be as sure but I still feel more comfortable gambling in other places. Ed