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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (173756)	3/23/2003 1:35:53 PM
From: tcmay	Read Replies (2) \| Respond to of 186894

" "And rebuilding these nations will help our economy, " " What is the argument for that again? Do they intend to open the floodgates on iraqi oil and actually generate a surplus such that iraq is paying its own bills? Because from what I read it will be years before the iraqi oilfields are producing optimally. " I'm being facetious, as my comments about Halliburton and other energy companies showed. Yes, the Iraqi oil fields will take years to come back. But the French and German companies have now been cut-off, and the contracts will go to American and British companies. Also, the French, Germans, and Russians may never see a dime of the hundred billion dollars they invested/loaned. This is a war of corporatism and imperialism. (I am not a communist, no matter how this sounds. Fact is, what the U.S. is practicing is everything the rest of the world has despised: being the world's cop, installing American-backed dictators, using American oil companies to take over oil fields, and bombing cities while the rulers are safely out in the countryside.) George Washington warned in his Farewell Address of the dangers of foreign entanglements, of getting involved in distant parts of the globe. Eisenhower warned of the military-industrial complex. We have it in spades. Chevron, Texaco, Halliburton, and other companies closely associated with the Bush Dynasty will be the recipients of the largesse created by this imperialism. Saddam Hussein is not a good guy. But he's the problem of the Iraqis, not of me. A hundred billion to fight this war and "rebuild the infrastructure" (the money flowing into Halliburton and Texaco) is a lot of money. This is $1000 for each of the 100 million taxpaying households. Or, since a big chunk of those households pay little or no taxes, a lot more than $1000 from the higher-paying households. For what? Why is Iraq _my_ problem? (And please don't any stooge here natter about 9/11.) --Tim May