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


To: Jim Willie CB who wrote (21821)7/10/2003 7:45:11 PM
From: lurqer  Read Replies (1) | Respond to of 89467
 
three reasons to attack
1. secure airfields
2. secure oil supply
3. protect the USDollar


The first two (along with a lot more), I would put under the heading of Neo-Con Hegemony fantasy.

the expedience came from diversion of attention from the Harken and Halliburton emerging scandal

With the initial timing of the Iraqi war drums, designed to distract and win the '02 elections.

the bigger immediate problem is troop morale and dissension

We went into Viet Nam to increase the security of the non-communist world. We came out with a demoralized military and a shaken resolve – arguably less secure. Similarly, we go into Iraq, thinking of hegemony, and will leave with a demoralized military and that fantasy shattered. The only question is how many lives will it take?

JMO

lurqer



To: Jim Willie CB who wrote (21821)7/11/2003 10:16:46 AM
From: Wharf Rat  Read Replies (1) | Respond to of 89467
 
dailyreckoning.com

The Big Theoretical Bugaboo
"...Let me ask you; if 51 things were going up in price by a buck each, and 49 things were going down in price by a buck each, would that be "inflation"? And, since you found that one so easy, let me also ask you this question; if 51 things were going down by a buck and 49 were going up by a buck, would that be "deflation"? Now we get to the big theoretical bugaboo; if the price of a share of stock goes down by 50% and the price of a loaf of bread goes up by 49%, which is it? Inflation or deflation? Well, if you could eat the shares of stock, then, ummm. Hey! Wait a minute here! This sounds like an idea worthy of a Nobel Prize!..."

...Bill Bonner, also of the Daily Reckoning staff, took time away from his daily mediations to traipse down the path of the mundane, grubby world of dollars and cents to calculate that, "Thanks to the Bush tax cuts, a single guy making $50,000 per year will take home another $8."

(That sounds just about like me,but I am in severe danger of losing overtime pay, thanks to Shrub, so it will be a net loss, not even counting the increases in other taxes which I am so looking forward to.)

Sundance
...