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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (24579)10/28/2007 7:37:35 PM
From: saveslivesbyday  Respond to of 217840
 
"The fed .... were reluctant "to tinker with a boom"

I've long thought that the Fed and most on WS knew that there was a housing bubble as early as 2005, but nobody wanted the punch bowl taken away.

Now we're in uncharted territory.



To: Crimson Ghost who wrote (24579)10/28/2007 11:28:14 PM
From: TobagoJack  Respond to of 217840
 
beautiful

larry's intellect is several pay grades over that of many if not most, and he is a moron, but for the fact that he is a gold bull

recommendation: accumulate physical gold, take delivery, faster



To: Crimson Ghost who wrote (24579)10/29/2007 9:44:42 AM
From: TobagoJack  Read Replies (2) | Respond to of 217840
 
The twits at Stratfor is not sounding so confident ...

maybe cb ilaine's heroin condi rice (experts around bush, as phrased by cb ilaine back in 2001) can come up with the goods

QUOTE
Geopolitical Diary: Washington's Kurdish Bind

Turkish forces have not yet moved into Iraq. Despite claims of continued clashes with Kurdistan Workers' Party (PKK) guerrillas inside of Turkey, the important news is what hasn't happened: There has been no major incursion of Turkish troops into Iraq's Kurdish region. We suspect that the pause is in response to U.S. requests for more time to address the PKK issue with the Iraqi government.

However, Ankara on Sunday sent Washington a deliberate signal about the consequences of not producing a solution acceptable to Turkey: Turkish Foreign Minister Ali Babacan visited Tehran for meetings with his Iranian counterpart, Manouchehr Mottaki. In addition, Iranian President Mahmoud Ahmadinejad phoned Turkish President Abdullah Gul to discuss the crisis.

Iranian-Turkish relations can best be described as "proper" -- meaning they are not particularly warm, nor are they as venomous as U.S.-Iranian relations. However, the Kurdish question is one on which Turkey and Iran have historically agreed -- and while not quite as critical to Iran as it is to Turkey, it is a major national security issue for both. In talking to the Iranians on multiple levels this weekend, the Turks were hinting to the Americans just how bad the situation could become. Any alignment of Turkey and Iran, on any level, would strike at the heart of U.S. strategy in the region, which is focused on the containment of Iran.

The Americans are caught in a bind. Since 1991, the United States has defended Kurdish interests inside of Iraq, carefully walking a tightrope with Turkey on the issue. If the United States were to back off its defense of the Kurds now, it would throw its entire Iraq strategy into chaos. It is more than just a question of the Kurdish role in the Iraqi government. If the United States went so far as to abandon the Kurds in favor of maintaining good relations with Turkey, the signal to all groups in Iraq would be that American guarantees will last only until other U.S. interests take precedence. Many in Iraq have been making that argument anyway, but a shift in U.S. support for the Kurds would confirm it. The Sunnis and Shia who have been considering alignment with the United States would certainly have to reconsider their position.

On the other hand, if Washington simply backs up the Kurds, the Turks are apparently prepared to reconsider not only their relations with the United States, but also their relations with the Iranians. To say that this would be a regional earthquake understates the matter.

Thus, the United States has to figure out a way to finesse the issue, getting the Kurds in Iraq not only to clamp down on the PKK, but also to turn over some of their members. However, clamping down is one thing; turning over leaders and members of the PKK to the Turks is quite another, and would pose huge political problems for the Kurds in Iraq. While factionalized, the Kurds still comprise a single ethnic group, and turning over PKK members who have conducted attacks on behalf of Kurdish independence will go deeply against the grain of the community. In fact, their very fragmentation decreases their propensity to turn each other in: Whoever did it might be regarded as a traitor to the Kurdish cause.

Turkey is trying to give the United States time to sort this out, but the Turks themselves don't have a lot of time. Public feelings in Turkey about PKK attacks are running high. There is also a sense that the United States is indebted to Turkey for permitting about 70 percent of the supplies used by U.S. forces in Iraq to flow through Turkish ports and over Turkish roads -- in spite of Turkey's opposition to the U.S. invasion. If Washington won't deliver the PKK but instead sides with the Kurds, the popular pressure on the Turkish government to shift its position regarding the United States will be enormous.

If you've ever wondered what it looks like between a rock and a hard place, ask the Bush administration. That's where it is on this issue. The United States can't threaten the Kurds too much without losing credibility with other parties it is wooing in Iraq; the Kurds can't simply turn over other Kurds to the Turks; and the Turks can't settle for anything less.

At the moment, the Iranians are doing everything they can to look statesmanlike. A situation that makes Ahmadinejad look like a calm and deliberate statesman -- that is what the space between a rock and a hard place looks like.

UNQUOTE



To: Crimson Ghost who wrote (24579)10/29/2007 10:28:05 PM
From: LTK007  Read Replies (1) | Respond to of 217840
 
<<He appeared delighted that Wall Street had been able to unload hundreds of billions of dollars' worth of (now toxic) CDOs on the rest of the world, saying that "we Americans were very clever" in doing this.>> Those that constitute the 'we' in his 'Americans' are the 'we' of the 'elite' psychopaths that now rule the U.S. and the Globe.
There is no place in their world for someone with an ounce of spirituality. BTW, i see the big shakers and power thugs of China to be no damned better.
Both the power elite of China and U.S. is about money, money, money for a Plutocracy--so i wish Tobago would cut the BS.
Tobago's Jack's glorifying of China's Rulers is as poetic and spiritual as a Jack Hammer pounding against concrete, maybe i will call him Tobago Jack Hammer.
Max

P.S. Free Tibet.