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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: lurqer who wrote (17655)4/21/2003 11:50:08 AM
From: im a survivor  Read Replies (1) | Respond to of 89467
 
Looking at the message list, I see alot of posts from Tim to me. However when reading the posts, the ignore feature works great and I dont have to read what he is saying. I hope he had fun posting so many times to somebody that did not, and will not read his posts, or respond to him. a 100% complete waste of time!! I dont even have to read his many posts he sent me...I can already tell you what they all say...he's right, I am wrong and he wants irrefutable proof.....I'll bet thats what all his posts say.....Tim, UNDERSTAND THIS VERY SIMPLE STATEMENT - You are not worth wasting 5 minutes on. You are on ignore, so if you wish to waste your time posting to me, feel free. I wont read your posts or respond. It is impossible to win with you, so I wont bother trying.



To: lurqer who wrote (17655)4/21/2003 12:09:21 PM
From: Mannie  Read Replies (2) | Respond to of 89467
 
Israel seeks pipeline for Iraqi oil

US discusses plan to pump fuel to its regional ally and solve energy
headache at a stroke

Ed Vuillamy in Washington
Sunday April 20, 2003
The Observer

Plans to build a pipeline to siphon oil from newly conquered Iraq to Israel
are being discussed between Washington, Tel Aviv and potential future
government figures in Baghdad.

The plan envisages the reconstruction of an old pipeline, inactive since the
end of the British mandate in Palestine in 1948, when the flow from Iraq's
northern oilfields to Palestine was re-directed to Syria.

Now, its resurrection would transform economic power in the region,
bringing revenue to the new US-dominated Iraq, cutting out Syria and
solving Israel's energy crisis at a stroke.

It would also create an end less and easily accessible source of cheap Iraqi oil
for the US guaranteed by reliable allies other than Saudi Arabia - a keystone
of US foreign policy for decades and especially since 11 September 2001.

Until 1948, the pipeline ran from the Kurdish-controlled city of Mosul to
the Israeli port of Haifa, on its northern Mediterranean coast.

The revival of the pipeline was first discussed openly by the Israeli
Minister for National Infrastructures, Joseph Paritzky, according to the
Israeli newspaper Ha'aretz .

The paper quotes Paritzky as saying that the pipeline would cut Israel's
energy bill drastically - probably by more than 25 per cent - since the
country is currently largely dependent on expensive imports from Russia.

US intelligence sources confirmed to The Observer that the project has been
discussed. One former senior CIA official said: 'It has long been a dream of a
powerful section of the people now driving this administration [of President
George W. Bush] and the war in Iraq to safeguard Israel's energy supply as
well as that of the United States.

'The Haifa pipeline was something that existed, was resurrected as a dream
and is now a viable project - albeit with a lot of building to do.'

The editor-in-chief of the Middle East Economic Review , Walid Khadduri,
says in the current issue of Jane's Foreign Report that 'there's not a metre
of it left, at least in Arab territory'.

To resurrect the pipeline would need the backing of whatever government
the US is to put in place in Iraq, and has been discussed - according to
Western diplomatic sources - with the US-sponsored Iraqi National
Congress and its leader Ahmed Chalabi, the former banker favoured by the
Pentagon for a powerful role in the war's aftermath.

Sources at the State Department said that concluding a peace treaty with
Israel is to be 'top of the agenda' for a new Iraqi government, and Chalabi is
known to have discussed Iraq's recognition of the state of Israel.

The pipeline would also require permission from Jordan. Paritzky's
Ministry is believed to have approached officials in Amman on 9 April this
year. Sources told Ha'aretz that the talks left Israel 'optimistic'.

James Akins, a former US ambassador to the region and one of America's
leading Arabists, said: 'There would be a fee for transit rights through
Jordan, just as there would be fees for Israel from those using what would
be the Haifa terminal.

'After all, this is a new world order now. This is what things look like
particularly if we wipe out Syria. It just goes to show that it is all about oil,
for the United States and its ally.'

Akins was ambassador to Saudi Arabia before he was fired after a series of
conflicts with then Secretary of State Henry Kissinger, father of the vision
to pipe oil west from Iraq. In 1975, Kissinger signed what forms the basis
for the Haifa project: a Memorandum of Understanding whereby the US
would guarantee Israel's oil reserves and energy supply in times of crisis.

Kissinger was also master of the American plan in the mid-Eighties - when
Saddam Hussein was a key US ally - to run an oil pipeline from Iraq to Aqaba
in Jordan, opposite the Israeli port of Eilat.

The plan was promoted by the now Defence Secretary Donald Rumsfeld, and
the pipeline was to be built by the Bechtel company, which the Bush
administration last week awarded a multi-billion dollar contract for the
reconstruction of Iraq.

The memorandum has been quietly renewed every five years, with special
legislation attached whereby the US stocks a strategic oil reserve for Israel
even if it entailed domestic shortages - at a cost of $3 billion (£1.9bn) in
2002 to US taxpayers.

This bill would be slashed by a new pipeline, which would have the added
advantage of giving the US reliable access to Gulf oil other than from Saudi
Arabia.



To: lurqer who wrote (17655)4/21/2003 3:24:24 PM
From: Jim Willie CB  Respond to of 89467
 
Sage Richard Russell On the Markets, Gold-Eagle article

gold-eagle.com

a clip:
How about gold? I continue to believe that gold is going through basing action, and it's been very laborious action so far. June gold (the active contract is June) hit a closing low of 322.20 on April 7. Since then it's been trying climb out of that low area. I note that gold closed higher than its opening on seven of the last eight days, and that's a mild plus suggesting quiet accumulation.

On my MACD chart gold is in an oversold area, and the MACD studies are beginning to turn bullish. The stochastics are also turning positive.

The 200-day moving average for June gold stands at 331.18, and that would be the first upside target for the yellow metal.

HUI, the unhedged gold average, is looking quite strong, and has formed an ascending triangle just under its 200-day MA. The 200-day MA for HUI stands at 126.10, while HUI as I write is trading at 124.33. A close by HUI above 126.10 would be very constructive for gold. Let's see if it happens.

/ jim