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Politics : WHO IS RUNNING FOR PRESIDENT IN 2004 -- Ignore unavailable to you. Want to Upgrade?


To: calgal who wrote (3247)7/11/2003 2:47:54 PM
From: calgal  Respond to of 10965
 
July 11, 2003, 9:40 a.m.
Democrats’ Iraqi Attack Ad
Former Clinton officials produce an ad attacking the president on WMDs.



The Democratic party has added a political-advertising campaign to its demands for an investigation of President Bush's statement that the Iraqi government had sought uranium in Africa.













On Thursday the Democratic National Committee released a television ad, entitled "Read His Lips: President Bush Deceives the American People," accusing Bush of lying when he mentioned the uranium issue in his State of the Union address.
The ad calls for a bipartisan investigation of the issue. It was produced by a group of veterans of the Clinton/Gore administration and several Democratic campaigns.

The ad begins with the words, "In his State of the Union address, George W. Bush told us of an imminent threat — " It then cuts to a video clip of the president saying, "Saddam Hussein recently sought significant quantities of uranium from Africa."

The ad omits the first words of Bush's statement, which read, in full, "The British government has learned that Saddam Hussein recently sought significant quantities of uranium from Africa."

The government of British Prime Minister Tony Blair has said it stands behind its intelligence assessment of the African uranium issue.

The DNC ad continues, "But now we find out that it wasn't true. Far worse, the administration knew it wasn't true. A year earlier, that claim was already proven to be false. The CIA knew it. The State Department knew it. The White House knew it. But he [the president] told us anyway."

National Security Advisor Condoleezza Rice has said that she, and other top officials in the White House, did not know that the Iraqi/African uranium allegation was based on forged documents. In Africa Friday morning, Rice said the Central Intelligence Agency has approved Bush's State of the Union address, including the portion that dealt with Africa and uranium.

"The CIA cleared the speech in its entirety," Rice said. "If the CIA — the director of Central Intelligence — had said, 'Take this out of the speech,' it would have been gone...We wouldn't put anything knowingly in the speech that was false."

The Democratic ad concludes, "It's time to tell the truth. Help hold George W. Bush accountable by calling for an independent, bipartisan investigation. Go to www.democrats.org/truth to sign the petition to make your voice heard. Because America deserves the truth."

In a DNC press release accompanying the ad, party chairman Terry McAuliffe said, "To date, President Bush has only evaded questions on the topic, so we're going to try something new by appealing directly to the people to demand his accountability, and I think the people are going to respond."

The ad was produced by a company called QRS Newmedia, a Washington-based advertising and public affairs firm.

One of the firm's managing partners is Laura Quinn, a former deputy chief of staff to Vice President Al Gore. Quinn has also served in positions with the Democratic National Committee and the Senate Democratic leadership.

The president of QRS Newmedia, Steve Rabinowitz, also worked in the Clinton White House. And the third partner, Mark Steitz, is a former director of communications at the DNC and top adviser to Jesse Jackson's 1988 presidential campaign.

URL:http://www.nationalreview.com/york/york071103.asp



To: calgal who wrote (3247)7/11/2003 2:50:35 PM
From: calgal  Respond to of 10965
 
Scandal!
Bush’s enemies aren't telling the truth about what he said.



The president's critics are lying. Mr. Bush never claimed that Saddam Hussein had purchased uranium from Niger. It is not true — as USA Today reported on page one Friday morning — that "tainted evidence made it into the President's State of the Union address." For the record, here's what President Bush actually said in his SOTU: "The British government has learned that Saddam Hussein recently sought significant quantities of uranium from Africa."













Precisely which part of that statement isn't true? The British government did say that it believed Saddam had sought African uranium. Is it possible that the British government was mistaken? Sure. Is it possible that Her Majesty's government came by that belief based on an erroneous American intelligence report about a transaction between Iraq and Niger? Yes — but British Prime Minister Tony Blair and members of his Cabinet say that's not what happened.

They say, according to Britain's liberal Guardian newspaper, that their claim was based on "extra material, separate and independent from that of the US."

I suppose you can make the case that a British-government claim should not have made its way into the president's SOTU without further verification. But why is that the top of the TV news day after day? Why would even the most dyspeptic Bush-basher see in those 16 accurate words of President's Bush's 5,492-word SOTU an opportunity to persuade Americans that there's a scandal in the White House, another Watergate, grounds for impeachment?

Surely, everyone does know by now that Saddam Hussein did have a nuclear-weapons-development program. That program was set back twice: Once by Israeli bombers in 1981, and then a decade later, at the end of the Gulf War when we learned that Saddam's nuclear program was much further along than our intelligence analysts had believed.

As President Bush also said in the SOTU:

The International Atomic Energy Agency confirmed in the 1990s that Saddam Hussein had an advanced nuclear weapons development program, had a design for a nuclear weapon and was working on five different methods of enriching uranium for a bomb.

Since Saddam never demonstrated — to the U.S., the U.N., or even to Jacques Chirac — that he had abandoned his nuclear ambitions, one has to conclude that he was still in the market for nuclear materials. And, indeed, many intelligence analysts long believed that he was trying to acquire such material from wherever he could — not just from Niger but also from Gabon, Namibia, Russia, Serbia, and other sources.

Maybe there was no reliable evidence to support the particular intelligence report saying that Saddam had acquired yellowcake (lightly processed uranium ore) from Niger. But the British claim was only that Saddam had sought yellowcake — not that he succeeded in getting a five-pound box Fedexed to his palace on the Tigris.

And is there even one member of the U.S. Congress who would say that it was on the basis of this claim alone that he voted to authorize the president to use military force against Saddam? Is there one such individual anywhere in America?

A big part of the reason this has grown into such a brouhaha is that Joseph C. Wilson IV wrote an op-ed about it in last Sunday's New York Times in which he said: "I have little choice but to conclude that some of the intelligence related to Iraq's nuclear weapons program was twisted to exaggerate the Iraqi threat."

Actually, Wilson has plenty of choices — but no basis for his slanderous allegation. A little background: Mr. Wilson was sent to Niger by the CIA to verify a U.S. intelligence report about the sale of yellowcake — because Vice President Dick Cheney requested it, because Cheney had doubts about the validity of the intelligence report.

Wilson says he spent eight days in Niger "drinking sweet mint tea and meeting with dozens of people" — hardly what a competent spy, detective, or even reporter would call an in-depth investigation. Nevertheless, let's give Wilson the benefit of the doubt and stipulate that he was correct when he reported back to the CIA that he believed it was "highly doubtful that any such transaction ever took place. "

But, again, because it was "doubtful" that Saddam actually acquired yellowcake from Niger, it does not follow that he never sought it there or elsewhere in Africa, which is all the president suggested based on what the British said — and still say.

And how does Wilson leap from there to the conclusion that Vice President Cheney and his boss "twisted" intelligence to "exaggerate the Iraqi threat"? Wilson hasn't the foggiest idea what other intelligence the president and vice president had access to.

It also would have been useful for the New York Times and others seeking Wilson's words of wisdom to have provided a little background on him. For example:

He was an outspoken opponent of U.S. military intervention in Iraq.

He's an "adjunct scholar" at the Middle East Institute — which advocates for Saudi interests. The March 1, 2002 issue of the Saudi government-weekly Ain-Al Yaqeen lists the MEI as an "Islamic research institutes supported by the Kingdom."

He's a vehement opponent of the Bush administration which, he wrote in the March 3, 2003 edition of the left-wing Nation magazine, has "imperial ambitions." Under President Bush, he added, the world worries that "America has entered one of it periods of historical madness."

He also wrote that "neoconservatives" have "a stranglehold on the foreign policy of the Republican Party." He said that "the new imperialists will not rest until governments that ape our world view are implanted throughout the region, a breathtakingly ambitious undertaking, smacking of hubris in the extreme."

He was recently the keynote speaker for the Education for Peace in Iraq Center, a far-left group that opposed not only the U.S. military intervention in Iraq but also the sanctions — and even the no-fly zones that protected hundreds of thousands of Iraqi Kurds and Shias from being slaughtered by Saddam.

And consider this: Prior to the U.S. invasion of Iraq, Wilson did believe that Saddam had biological weapons of mass destruction. But he raised that possibility only to argue against toppling Saddam, warning ABC's Dave Marash that if American troops were sent into Iraq, Saddam might "use a biological weapon in a battle that we might have. For example, if we're taking Baghdad or we're trying to take, in ground-to-ground, hand-to-hand combat." He added that Saddam also might attempt to take revenge by unleashing "some sort of a biological assault on an American city, not unlike the anthrax, attacks that we had last year."

In other words, Wilson is no disinterested career diplomat — he's a pro-Saudi, leftist partisan with an ax to grind. And too many in the media are helping him and allies grind it.

— Clifford D. May, a former New York Times foreign correspondent, is president of the Foundation for the Defense of Democracies, a policy institute focusing on terrorism.





National
Review
[Selections from the 7/28/03 issue]
NR Preview
Left Turn





The Latest from Clifford May:

Scandal! 7/11

The Democrats’ Dilemma 6/24

Unhappy Anniversary 6/24

Full May Archive

Eternal Vigilance

The Foundation for the Defense of Democracies conducts research on international terrorism.





URL:http://www.nationalreview.com/may/may071103.asp



To: calgal who wrote (3247)7/11/2003 2:55:17 PM
From: calgal  Read Replies (1) | Respond to of 10965
 
July 10, 2003, 10:15 a.m.
The Merger Message
M&A deals spell trouble for Bush-bashing liberals.
URL:http://www.nationalreview.com/kudlow/kudlow071003.asp


The liberal media and the Democratic presidential candidates jumped all over the latest jobs report, which showed a rise in unemployment to 6.4 percent. Screaming for President Bush's head, liberals are trying to make the case that failure in the economy will lead to the president's re-election defeat next year — the same fate suffered by his father over ten years ago.













But this group of harpies — the gang that can't shoot straight — is overlooking a number of market-oriented signs that point to a robust economic recovery. This resurgence is likely to begin in the second half of this year, and reach full bloom in 2004.

This crowd couldn't even get the jobs report straight. Outside of that higher unemployment figure, big gains were registered by temporary workers and the self-employed, both leading indicators of better jobs performance in the future. Significantly, 251,000 people re-entered the labor force in June, a confidence sign as hopes were raised by the new tax-cut package and its promise of new employment.

Meanwhile, Democratic presidential wannabes talk of recovery-wrecking moves such as repealing the tax cuts and using homeland security as a nationwide pork-barrel spending fund. The Democrats have also managed to block limits to non-economic medical malpractice awards, a measure that would have cut health-care costs enormously.

Always favoring government over markets, the liberals also continue to ignore the huge stock market rally. In itself, the surge on Wall Street is signalling a stronger economic growth rate in the future. But Democratic doomsayers conveniently refuse to acknowledge that lower tax rates always increase the after-tax value of equity assets, a process quickly discounted by the rising stock market.

Representing claims on the future value of American business, the boom in share prices signals improved credit quality and better financing power, two vital ingredients for stronger economic activity and new job creation. Confirming this, Goldman Sachs released a survey showing the highest confidence reading by corporate information-technology officers in two years, a sure sign that capital spending will recover. Also, the Conference Board's latest CEO survey indicates the highest confidence level since 2001.

Here's the simple formula liberals don't get: Lower tax rates increase stock prices, and those rising equity values quickly open the door to new business expansion, including job creation.

So, it's not surprising that a virtual avalanche of new merger-and-acquisition deals — including hostile takeovers — has followed fast on the heels of the Bush tax-cut.

In the new information economy, software maker PeopleSoft made a bid to acquire J.D. Edwards and Co. Shortly thereafter, Oracle announced a takeover of PeopleSoft. And storage leader EMC Corp. will acquire Legato Systems, Inc.

In the old economy, aluminum producer Alcan launched a hostile bid for French rival Pechiney. Trucking company Yellow Corp. said it would buy rival Roadway Corp. And autoparts maker ArvinMeritor announced a hostile bid for competitor Dana Corp.

In the financial world, Lehman Brothers seeks a friendly purchase of Neuberger Berman, and Citigroup may acquire another investment management company, Boston's State Street.

All these deals point to growing business confidence in a solid economic recovery. After a dismal three-year stock market downturn, largescale consolidation in corporate America is an efficient way for excess capacity to be absorbed. Business leaders have decided that it's cheaper to acquire firms and their assets than to replace or build new ones.

Following the recent stock market bottom, the attitude in the business world is: Now is the time to strike. Noteworthy is the fact that acquiring companies are opting to purchase firms in their own industries — where they have great knowledge and experience — rather than build over-diversified, far-flung empires. The latter was the case in the late 1990s, when the disease of excess conglomeratization led to massive shareholder losses.

The re-emergence of M&A deal activity is also an efficient way to price the true value of companies. An asset is only worth what someone will pay for it, and right now takeover companies are willing to pay high price premiums. At the margins, buyers of companies are establishing reliable market-price estimates in all sectors. This will permit individual investors re-entering the market to be better informed about fair-value market pricing.

This vibrant merger activity has a precedent. A similar wave appeared in the early 1980s when another round of across-the-board tax cuts ushered in the great Reagan bull market. That deal-making activity more than two decades ago heralded a phenomenal boom in economic growth, job creation, and investor-class wealth creation. That boom lasted nearly twenty years.

Judging from the hot new market in deal-making right now, it looks very much like history is about to repeat itself.

Liberals beware.

— Mr. Kudlow is CEO of Kudlow & Co.