Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (14209)	2/22/1998 7:59:00 PM
From: Liatris Spicata	Read Replies (3) \| Respond to of 18056

russell- It appears Saddam has blinked. News reports indicate the the Secretary General of the United Nations has achieved an agreement with the gang running the government of Iraq that he believes will allow unfettered access to the sites that UNSCOM wants to investigate. Like Hitler invading the Rhineland, it appears that Saddam is willing to back down when his bluff is called. I will believe this felicitous situation when I see it. I suspect Saddam will wait a few weeks or months- until the heat is off- and then resume his defiance of the UN and his cheating on his agreements. If this does represent a change in policy on the part of the Iraqi government, it only resulted from credible threats of force against his assets as posed by the UK and the US. Governments like that of France would have been happy to have let him defy the UN mandate, as they realize that their countries would have been unlikely to bear the brunt of Saddam's use of chemical and biological weapons against civilian populations. Bourses may like this, although it does not seem they were unduly alarmed by the prospect of military action against Iraq. While it pains me to say it, and I think he has badly bungled Iraqi diplomacy during his years in office, hats off Bill Clinton for holding the bloody monster's feet to the fire and causing him to capitulate. Hope you enjoyed the Carribean. Larry