Silicon Investor (SI) -- The First Internet Community

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 : News Links and Chart Links -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (4355)	12/27/2002 12:48:35 PM
From: pallmer	Read Replies (1) \| Respond to of 29597

Soft, The Secretary of Defense Donald Rumsfeld said : " We are capable of winning decisively in one and swiftly defeating in the case of the other. " Let there be no doubt about it." Pallmer

To: Softechie who wrote (4355)	12/27/2002 12:55:42 PM
From: pallmer	Read Replies (1) \| Respond to of 29597

-- Defense Secretary Rumsfeld Warns North Korea of U.S. Military Capabilities -- By Helen Kennedy, Daily News, New York Knight Ridder/Tribune Business News Dec. 24--WASHINGTON--As nuclear tensions grew sharply yesterday, Defense Secretary Donald Rumsfeld sent a blunt warning to Pyongyang: America can fight simultaneous wars with Iraq and North Korea. "We are capable of winning decisively in one and swiftly defeating in the case of the other," he said. "Let there be no doubt about it." Delivering a vehement verbal attack on the "idiotic" leaders of North Korea, Rumsfeld warned Pyongyang against seizing on America's focus on Iraq to press a nuclear weapons program. "If they do, it would be a mistake," he said. Rumsfeld stressed that no military action to halt Pyongyang's renewed nuclear ambitions was imminent. Over the weekend, North Korea broke open seals on about 8,000 irradiated fuel rods and removed United Nations monitoring cameras at a nuclear reactor in Yongbyon that was mothballed in a 1994 nonproliferation deal with the United States. Experts fear North Korea has enough material to make four or five nukes within six months. The reactor is going back online, Pyongyang said, to provide electricity -- not plutonium for its weapons program -- because the Bush administration recently halted fuel shipments. But Rumsfeld said North Korea doesn't need extra juice. "Their power grid couldn't even absorb that! If you look at a picture from the sky of the Korean Peninsula at night, South Korea is filled with lights and energy and vitality and a booming economy. North Korea is dark. It is a tragedy what's being done in that country," he said. Secretary of State Powell consulted with France, Russia, Britain, Japan, China and South Korea as tensions mounted, said State Department spokesman Phil Reeker. "North Korea's actions over the past three days raise serious concerns," Reeker said. "Everyone in the international community is seized with the issue and will be following it very closely." North Korea said the "nuclear issue" could be settled if Washington signs a nonaggression treaty with it. But the Bush administration, steaming over North Korea's acknowledgment that it secretly continued its nuclear program despite the 1994 agreement, refuses to negotiate. "We will not give in to blackmail," Reeker said. "We're not going to bargain or offer inducements for North Korea to live up to the treaties and agreements that it has signed." Russia accused the Bush administration of igniting the new crisis over North Korea by antagonizing the Communist state with "axis of evil" rhetoric. "How should a small country feel when it is told that it is all but part of forces of evil of biblical proportions and should be fought against until total annihilation?" Deputy Foreign Minister Georgy Mamedov told a Russian newspaper. That idea prompted Rumsfeld to deliver a tongue-lashing. "The leadership of the country is currently repressing its people, starving its people, has large numbers of its people in concentration camps, driving people to try to leave the country through China and other methods, starving these people," he said. "They had started doing all this well before President Bush came into office; well before the 'axis of evil' speech," he said. ----- To see more of the Daily News, or to subscribe to the newspaper, go to nydailynews.com (c) 2002, Daily News, New York. Distributed by Knight Ridder/Tribune Business News. 25-Dec-2002 08:14:51 GMT Source KRB - Knight-Ridder Tribune Business