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


To: Sully- who wrote (28716)9/24/2003 2:59:22 PM
From: Jim Willie CB  Read Replies (4) | Respond to of 89467
 
pendulum swings on slant of Iraq
first was all positive
nonsense about democracy, oil flows, quick victory, surgical strikes, flowers

the reality is more like decimated museum, religious civil war, 80% decline in oil production, bombing of oil pipelines, assassinations of clerical leaders, 3000 civilian innocent deaths, but some flowers

the appeal by Bushy at the United Nations seems flawed
he said "FU" to them in March, after falsifying Niger documents, ignoring CIA Intell reports
he has done massive damage to NATO, as trust has eroded

USA is now in over its head in Iraq
we need twice the troops,
but the death count and financial cost would be too great
nobody is agreeing to send troops to help

this is an unmitigated disaster
sure, plenty of isolated instances of progress inside Iraq
that cannot be disputed

WHERE ARE THESE NASTY WEAPONS OF MASS DESTRUCTION?
WHERE IS THE WATER AND ELECTRICITY?
WHY HAS OIL PRODUCTION DECLINED 80% SINCE BEFORE WAR?
WHY DID THEY LIE ABOUT THE COST AND DURATION?

we were told endless lies
we told told bold faced false plans of troop duration
"in and out in 4-6 months" what incredible bullshit

anyone who believed this bullshit should consider himself or herself a fuching idiot

we now face escalating federal deficits from numerous causes
- broken stock bubble and business closings
- stimulus (monetary and fiscal) which benefits Asia ONLY
- stupid trade practices by Bush
- and much more

the rise in Iraqi War costs will possibly tip the balance over the edge, what experts call the "point of convexity" where additional fed govt credit demands will push interest rates higher

ignoramus students of economics point to past years where higher deficits did not result in higher rates
they overlook (conveniently) that deficits were not over $300 billion back then
they are approaching $500B now

ooops, higher longterm interest rates are coming
esp since Asian currencies are now on the rise
their central banks must hedge against USTBond losses
or else face severe bank stress
see Fractional Banking 101 for a quick course

/ jim