To: Crimson Ghost who wrote (3224 ) 1/22/2003 10:55:17 PM From: Ed Huang Read Replies (1) | Respond to of 25898 My $0.02 about risks and consequences of the Iraq war. As the Iraq war issue is gradually unfolding, it's more and more clear that if Bush administration decides to start the war in Iraq in spite of the strong opposition from UN, Allies, the countries around the world and the majority of the American people, the following high risks or consequences are inevitable, as I can see: - U.S. will lose its major western allies and may even has serious risk to turn the allies into hostile countries. NATO may be disbanded and EU may form their own military organization. - U.S. will lose all Arab allies. The Arab countries and the people there will become hostile or more hostile to the U.S. - Once the war is started, can Bush & Co. keep it under control? or will it ignite another major world war? How much we can trust Bush & Co on this? Note, our world has many thousands of nuclear warheads available for a war this time. - U.S. will lose its moral leadership and friends around the world. This in turn will make Americans doing business or travel abroad very difficult and dangerous, not to mention the political and diplomatic sufferings. - Huge war expenses is a Big drag on the already weak U.S. economy. - As the invasion in Iraq starts, the risk of revenge attacks on the U.S. from Iraq or from other "terrorists" are greatly increased. Even Donald Rumsfeld pointed out that the enemies have learn not to fight against the U.S. head-on, they are very likely to make attacks inside the U.S. No body including the FBI and CIA can guarantee that another 9/11 or bigger attacks can be prevented. The war will put Americans' lives and properties in much higher risks. Once a major attack hit again, the U.S. economy will also suffer another great blow. - When the U.S. government directs its resources (including the FBI man power, etc.) to focus on the national securities against the terrorist attacks and set loose on the social crimes controls during the war, what will happen then? - As the sentiments and momentum against the war growing rapidly in America. Can the domestic unrest be avoided once the war starts? - And very importantly, what about the risks of lives of the American men and women in the Iraq war? And what about tens of thousands of these soldiers’ risk of the Gulf War Symptoms as a result of the war? I don’t see any short or long term interests for the U.S. to start the war. And it can be very dangerous to Israel’s long-term interests as well. P.S. Some investors mentioned that once the Iraq war starts the stock market will jump. It may be so, base on the experience in the previous wars. But here the difference, the previous wars were supported by the UN or the major allies and this time will be the exact opposite. The U.S. is making the first giant step toward a very dangerous direction in the world stage to start the war this time. Much worse things internationally and internally may still be expected ahead. The stock market rally(if it does) will be likely a short-lived one.